BHI 3.1·Q2 2026 Bulletin
Published Jun 4 2026·Spearman ρ = 0.77·Validation: preliminary
Today's bulletin →
Movers · Q2 2026 · Jun 4 2026
PLATFORM PROFILEMCO

Moodys

6.94
B-index (V3.1)
BLACK HOLE
Capture1.985
Escape0.286
Key Structural Insight

Credit rating duopoly

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth9/10
Memory9/10
Action7/10
Process9/10
Network8/10
Closeness8/10
Portability2/10
Substitutability3/10
Human Fallback3/10
Org Depth9/10
Momentum5/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.8476CES(d, m, a, p)
Knowledge synergy σₖ0.9000√(d · m)
Operability synergy σₒ0.7937√(a · p)
Synergy boost1.25411 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.45001 + 0.5·o
Momentum multiplier1.15001 + 0.3·t
Total Capture1.9853c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.2644CES(x, s, h)
Feedback attenuation0.7033max(0.3, 1 − 0.35·core)
Total Escape0.2860ε + escCore · feedback
B = Capture / Escape6.941.985 / 0.286

Scoring Rationale

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
CLOSE8
+1.74
PORT2
-1.38
SUB3
-1.09
FALL3
-1.09
ACT7
+0.67
DATA9
+0.59
MEM9
+0.59
PROC9
+0.58
NET8
+0.50
ORG9
+0.48
MOM5
+0.36
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsBanks & Financial Markets (14 peers)

#PlatformTickerB-indexZone
01DTCCPrivate15.44BLACK HOLEProfile →
02ICEICE7.40BLACK HOLEProfile →
03Bloomberg TerminalPrivate7.21BLACK HOLEProfile →
04S&P GlobalSPGI7.12BLACK HOLEProfile →
05SWIFT-6.78BLACK HOLEProfile →
06JPMorgan ChaseJPM6.13BLACK HOLEProfile →
07EquifaxEFX5.98BLACK HOLEProfile →
08ExperianEXPN.L5.82BLACK HOLEProfile →
09TransUnionTRU5.57BLACK HOLEProfile →
10BlackRockBLK5.21BLACK HOLEProfile →
11Goldman SachsGS4.11BLACK HOLEProfile →
12Interactive BrokersIBKR2.49EVENT HORIZONProfile →
13Charles SchwabSCHW2.26EVENT HORIZONProfile →
14Refinitiv/LSEGLSEG.L2.19EVENT HORIZONProfile →