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He’d been waiting for this moment since the announcement dropped on the hyperchan forums six months ago: Lost Stars , the long-awaited space-faring RPG from the reclusive dev OrionLegacy72. Only a public alpha, but playable. Leaked builds whispered of broken constellations, silent AI companions, and a galaxy that remembered you.

The cube spoke in text-to-speech:

Kael engaged thrusters. The first system—Proxima’s Ruin—was a graveyard of half-rendered planets. Some floated as perfect spheres. Others were jagged wireframes, untextured and hollow. He landed on one, a moon called Sorrow-7b . The ground clipped through his boots. An NPC stood near a crashed shuttle, its face a placeholder cube. Y.

The game crashed to desktop. A single line remained on the black screen:

“What truth?” he typed.

A single star in the sky winked out.

Kael stared at the reflection in his monitor. His face was a placeholder cube too.

Evaluating LGD:

S&P Global Market Intelligence's LGD scorecards are used to estimate LGD term structures. These Scorecards are judgment-driven and identify the PiT estimates of loss. The Scorecards are back-tested to evaluate their predictive power on over 2,000 defaulted bonds.

The Corporate, Insurance, Bank, and Sovereign LGD Scorecards are linked to our fundamental databases, meaning no information is required from users for all listed companies and for a large number of private companies.

Final LGD term structures are based on macroeconomic expectations for countries to which these issuers are exposed.

Fundamental and macroeconomic data is provided by S&P Global Market Intelligence, but users can again easily utilize internal estimates.

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Lost Stars -Public Alpha 1.0- -OrionLegacy72-
Source: S&P Global Market Intelligence; for illustrative purposes only.

Lost Stars -public Alpha 1.0- -orionlegacy72- May 2026

He’d been waiting for this moment since the announcement dropped on the hyperchan forums six months ago: Lost Stars , the long-awaited space-faring RPG from the reclusive dev OrionLegacy72. Only a public alpha, but playable. Leaked builds whispered of broken constellations, silent AI companions, and a galaxy that remembered you.

The cube spoke in text-to-speech:

Kael engaged thrusters. The first system—Proxima’s Ruin—was a graveyard of half-rendered planets. Some floated as perfect spheres. Others were jagged wireframes, untextured and hollow. He landed on one, a moon called Sorrow-7b . The ground clipped through his boots. An NPC stood near a crashed shuttle, its face a placeholder cube. Y.

The game crashed to desktop. A single line remained on the black screen:

“What truth?” he typed.

A single star in the sky winked out.

Kael stared at the reflection in his monitor. His face was a placeholder cube too.

Technology & Delivery:

We offer a fully flexible approach to the delivery of our solutions to meet your specific needs. All solutions are offered in Microsoft Excel® to facilitate an easy implementation into your internal capabilities. Should you require a software solution, we also provide end-to-end computational and reporting engines, which can help streamline the calculation and reporting processes for the entire IFRS 9 standard.

Lost Stars -Public Alpha 1.0- -OrionLegacy72-

The team at S&P Global Market Intelligence specifically designed our IFRS 9 solutions to meet this requirement. To learn more about our robust, efficient, and transparent IFRS 9 offering


Contact us to enquire about our IFRS 9 Solutions
Access essential IFRS 9 Insights

On-Demand Webinar

Lost Stars -Public Alpha 1.0- -OrionLegacy72-

IFRS 9 for Insurers: Implementing a Robust,
Efficient and Transparent Methodology

Gain a practical demonstration to produce the new ECL calculations as required by IFRS 9, to avoid the black box effect.

On-Demand Webinar

Lost Stars -Public Alpha 1.0- -OrionLegacy72-

Coronavirus Insights: An Outlook
on Corporate Credit risk in Europe and
IFRS 9 Implications

We provide insights into the state of credit risk of
unrated companies, and explore the impact of
macroeconomic factors on IFRS 9 impairment calculations.

Blogs

Lost Stars -Public Alpha 1.0- -OrionLegacy72-

IFRS 9 Blog Series


Read our three part blog series to help insurance companies tackle the changes to meet IFRS 9 credit impairment requirements


1S&P Global Ratings does not contribute to or participate in the creation of credit scores generated by S&P Global Market Intelligence. Lowercase nomenclature is used to differentiate S&P Global Market Intelligence PD credit model scores from the credit ratings issued by S&P Global Ratings.
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