Moody's drops Decision Insight view to negative

Moody's Investors Service said it affirmed Decision Insight Information Group (US) I, Inc.'s B2 corporate family rating, B2 probability of default rating and Ba3 senior secured ratings.

The outlook was revised to negative from stable.

The company's financial results have been softer than expected when the ratings were first assigned in late 2010, Moody's said.

This was due to persisting weakness in the United States and United Kingdom housing markets, which dampened demand for the company's property-related services, the agency said.

The ratings are constrained by the company's small size and significant exposure to the challenging housing markets, Moody's said, together with its high adjusted financial leverage and thin free cash flow.

Nonetheless, the company maintains strong market positions in multiple products, has good geographic exposure and derives a significant amount of its revenues from recurring subscription services with blue chip customers, the agency said.

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