Overbond, the primary fintech platform within the new bond issuance market, has partnered with DBRS Credit score Rankings, granting entry to knowledge and proprietary analysis experiences for Overbond’s shopper base, per an Overbond assertion.
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The brand new accord will see DBRS’ analysis experiences and composite rankings made accessible immediately on the Overbond platform – the initiative caters to major bond market traders, issuers, and sellers, which happens amidst a rising demand for credit score rankings data.
New Entry to Knowledge, Credit score Rankings
A groundswell of major bond market transaction volumes has additionally helped facilitate the mixing of Overbond’s platform with DBRS, in the end permitting for higher effectivity all through your entire bond issuance course of. Moreover, the assimilation helps present market members with instrumental and time delicate credit standing data, immediately impacting their respective portfolio investments and knowledge evaluation.
Based on Vuk Magdelinic, Chief Govt Officer (CEO) and co-founder of Overbond, in a latest assertion on the mixing: “Traders that have a look at the credit score rankings of firm or authorities debt as a part of their issues concerning totally different bonds now have direct entry to this data from throughout the Overbond platform.”
“The combination of DBRS proprietary RatingsNow knowledge into the Overbond platform supplies traders, issuers, and sellers easy accessibility to knowledge that helps knowledgeable funding decision-making, and analysis and monitoring of threat,” he added.
“DBRS is happy to be working with, and offering rankings data to Overbond as they search to extend technological innovation and efficiencies within the capital markets”, reiterated Doug Turnbull, Vice Chairman – Head of Canada for DBRS, in an accompanying assertion.