#United States #Chicago #Municipal Bonds #Spline Data #Analytics Platform

Spline Data Unveils Cutting-Edge Primary Market Analytics Platform

In a significant advancement for the municipal bond market, Spline Data has launched its innovative primary market analytics platform designed to improve efficiency and offer greater customization in the bond issuance process. The company, renowned for its quantitative pricing data and analytics, aims to transform how dealers, advisors, issuers, and asset managers approach municipal bonds.

The Need for Advanced Analytics

As the municipal bond market continues to grow in complexity, traditional tools often fall short in providing the insights needed for traders and issuers. Recognizing this gap, Spline Data’s new platform combines machine learning with traditional trading intuition, harnessing otherwise underutilized market data to produce actionable insights. This allows users to generate predictive scales for hypothetical municipal bond transactions, effectively optimizing pricing in real-time.

Features and Benefits of the New Platform

The primary market analytics tool stands out due to its flexible and user-friendly design. It offers an array of features tailored to meet the diverse needs of market participants:

• - Instantaneous Structure Optimization: Users can quickly optimize the structures of bonds being offered, ensuring they meet market demand efficiently.
• - Predictive Scales: These scales are derived from years of modeling experience, allowing for informed decision-making in pricing bonds at various call dates, coupons, and structures.
• - Comparative Analysis: The platform provides access to comparable deals and a private placement database, empowering users to make targeted analyses that enhance negotiation capabilities.
• - Deal Management Component: This feature allows users to track and measure deal performance, facilitating better management of individual transactions.

Matthew Smith, founder and CEO of Spline Data, emphasized the platform’s ability to bring objectivity to a market that has historically been disparate. “We want to help our clients focus on what they do best,” he stated. “By leveraging machine learning, we provide them with tools that alleviate busywork and enhance their client interactions.”

Transforming the Primary Market

The launch of this new tool marks Spline Data's third major offering, joining its well-regarded yield curves and secondary market pricing services. Early feedback from users indicates that the platform not only streamlines the workflow of municipal bond transactions but also amplifies the unique expertise of its users. This response underlines the importance of customizable tools in an evolving trading environment.

With Spline Data's primary market analytics tool, participants in the municipal bond market can expect a significant enhancement in their pricing strategies and overall operational efficiency. This innovation promises not only to simplify the complexities of bond issuance but also to position Spline Data as a leader in the municipal bond analytics field.

About Spline Data

Based in Chicago, Spline Data has established itself as a pioneer in municipal bond market analytics. The company is backed by prominent investors, including the venture capital divisions of Tower Research Capital and Simplex Trading, solidifying its position at the forefront of financial technology in bond pricing and analytics.

For more details on the new platform and other services offered by Spline Data, visit splinedata.com.