Fitch Ratings, Inc. is a global provider of credit ratings and research. Founded in 1913, the company is part of the Fitch Group, which also includes market data provider Fitch Solutions, learning and development solutions provider Fitch Learning and risk analysis provider Business Monitor International. Fitch Group is property of Paris-based Fimalac (20%) and New York-based Hearst Corporation (80%). Dual-headquartered in New York and London, Fitch Ratings has a presence in Latin America through local units in Brazil, Chile, Colombia, Costa Rica, Mexico, Panama, Uruguay, Dominican Republic, and Venezuela, while in Peru and Argentina it operates through its local associates, Apoyo y Asociados and FIX SCR, respectively. Fitch evaluates a company's assets and operations to determine short and long-term ratings and outlook.