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Roseland, NJ-based DPC DATA, which provides data and technology solutions for the municipal securities lifecycle, announced the formal rollout of MuniCREDIT Solutions. The product portfolio offers 4+ years of comprehensive financial and operating data for 24,000+ Obligors in the municipal market.
ROSELAND, N.J. - JerseyDesk -- DPC DATA a leading provider of data and technology solutions for the U.S. municipal bond market, announced the launch of MuniCREDIT Solutions. This product line provides comprehensive and affordable municipal credit data to credit analysts and portfolio managers. It is based on the company's proprietary Obligor and Sector Mapping Methodology, which allows market participants to identify the actual credit or Direct Obligor in every transaction.
MuniCREDIT Solutions addresses several problems in the muni market today:
"We developed MuniCREDIT with input from some of our key clients and experienced credit analysts, in keeping with our tradition of being client-centric and responsive to client needs. This product line will help our clients better compete and succeed in the evolving muni marketplace," said Ken Hoffman, president of DPC DATA, who further notes the company is celebrating its 30th year serving the municipal bond market.
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The MuniCREDIT portfolio includes:
A two-year product development initiative
The announcement comes as DPC DATA completes a major two-year undertaking to reorganize its Obligor database to focus on credit. For this initiative, the company hired and trained over 40 credit research analysts. This team then evaluated and analyzed four years of financial and operating statements for 24,000+ Obligors.
"Our team tailored data templates for 100+ municipal sectors so financial and operating data would be presented consistently. They rigorously analyzed and standardized millions of data points across the Obligors to ensure data accuracy," said Triet Nguyen, DPC's vice president of strategic data operations. "As a result, we are able to offer our clients comprehensive and reliable coverage of Obligors, based on the Issuers' capital structure."
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Hoffman noted, "Over the next several months, we'll be showcasing how MuniCREDIT can be used in client workflows to improve data accuracy and offer better insights. We'll publish case studies based on actual market events to show how MuniCREDIT is applicable across municipal sectors."
To learn more about MuniCREDIT Solutions, visit the company's website or schedule a demo by contacting Sales@DPCDATA.com.
About DPC DATA
DPC DATA has served the municipal bond marketplace with data and solutions since 1992. The company was a pioneer in developing solutions for the municipal securities lifecycle. They were one of the original SEC-designated Nationally Recognized Municipal Securities Information Repositories (NRMSIRs). Today, DPC DATA helps clients make wiser decisions and avoid penalties by providing scrubbed, accurate and actionable data via solutions that offer a balance of quality, reliability and price.
The company's products, which include MuniPOINTS, Filing Summary, and MuniTRADEVIEW in addition to MuniCREDIT are used by more than 100,000 professionals at leading brokerage, clearing, and advisory firms. For more information visit http://www.DPCDATA.com or email Sales@DPCDATA.com.
MuniCREDIT Solutions addresses several problems in the muni market today:
- Restrictions on data use or incomplete or expensive data feeds from other muni data providers;
- Coverage gaps for bank-qualified or smaller issuers and high-yield sectors (e.g., senior living);
- Data isn't always updated from interim disclosure documents;
- Too many distinct sectors shoehorned into a few data templates.
"We developed MuniCREDIT with input from some of our key clients and experienced credit analysts, in keeping with our tradition of being client-centric and responsive to client needs. This product line will help our clients better compete and succeed in the evolving muni marketplace," said Ken Hoffman, president of DPC DATA, who further notes the company is celebrating its 30th year serving the municipal bond market.
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The MuniCREDIT portfolio includes:
- MuniCREDIT Online – subscription-based platform offering on-demand access to DPC's database for users conducting detailed credit analysis. Optionally, clients can add MuniESG Scores to their subscription. This enables users to analyze climate exposure in the context of the municipal issuer's overall fiscal resources.
- MuniCREDIT Financials – financial data for the 24,000+ Obligors, spanning all major sectors, available as a data feed or in customized report formats.
- MuniCREDIT Mapping – Users can replace their internal sector mapping scheme – which most likely only covers their own holdings – with DPC's Obligor and Sector Mapping. The DPC methodology identifies the true Direct Obligor in every active issue – the only criterion is "Credit" not "Purpose" – then re-maps all Sector Classifications based on this identification.
A two-year product development initiative
The announcement comes as DPC DATA completes a major two-year undertaking to reorganize its Obligor database to focus on credit. For this initiative, the company hired and trained over 40 credit research analysts. This team then evaluated and analyzed four years of financial and operating statements for 24,000+ Obligors.
"Our team tailored data templates for 100+ municipal sectors so financial and operating data would be presented consistently. They rigorously analyzed and standardized millions of data points across the Obligors to ensure data accuracy," said Triet Nguyen, DPC's vice president of strategic data operations. "As a result, we are able to offer our clients comprehensive and reliable coverage of Obligors, based on the Issuers' capital structure."
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Hoffman noted, "Over the next several months, we'll be showcasing how MuniCREDIT can be used in client workflows to improve data accuracy and offer better insights. We'll publish case studies based on actual market events to show how MuniCREDIT is applicable across municipal sectors."
To learn more about MuniCREDIT Solutions, visit the company's website or schedule a demo by contacting Sales@DPCDATA.com.
About DPC DATA
DPC DATA has served the municipal bond marketplace with data and solutions since 1992. The company was a pioneer in developing solutions for the municipal securities lifecycle. They were one of the original SEC-designated Nationally Recognized Municipal Securities Information Repositories (NRMSIRs). Today, DPC DATA helps clients make wiser decisions and avoid penalties by providing scrubbed, accurate and actionable data via solutions that offer a balance of quality, reliability and price.
The company's products, which include MuniPOINTS, Filing Summary, and MuniTRADEVIEW in addition to MuniCREDIT are used by more than 100,000 professionals at leading brokerage, clearing, and advisory firms. For more information visit http://www.DPCDATA.com or email Sales@DPCDATA.com.
Source: DPC DATA
Filed Under: Technology
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