The original entity, R&R Consulting, was formed in 2000 by Ann Rutledge and Sylvain Raynes, to respond to the arbitrariness of structured finance ratings. Rating rules were inconsistently applied – or not applied at all – to seasoning structured tranches. The “fixes” are ABSTRAK®, a patented process by the USPTO that generates updated point-in-time-ratings as new collateral performance data become available, and the WaterfallEditor©, a cloud-enabled WYSIWYG cash flow model.


Today CreditSpectrum Corp. offers a broad spectrum of credit ratings at origination and in the secondary market, on structured products, corporates of all sizes and financial institutions. Although the collateral markets have different characteristics, the need for constancy and transparency in benchmarking runs through all financial markets. That is the need we fill.