Advantage Data Inc., a leading credit data provider, today announced the launch of the Private Credit Advantage, the first pricing and analytic tool designed specifically for the opaque private credit marketplace.
Advantage Data Inc., a leading credit data provider, today announced the launch of the Private Credit Advantage, the first pricing and analytic tool designed specifically for the opaque private credit marketplace.
Developed in partnership with a group of leading institutional asset managers, broker-dealers, private credit investors and insurance companies, the Private Credit Advantage provides pricing, analytics, data aggregation and standardization across thousands of private credit securities.
Highlights of the Private Credit Advantage include pricing from over 830 independent sources, yields and spreads to any benchmark, and the ability to chart and overlay any combination of bonds, loans or indices. Additionally, a Historical New Issues Report, a powerful and intuitive Comps function, Bond Calculator, and Holdings Report allow users to commingle securities with other asset classes and draw unique and actionable insights.
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“I am thrilled that Advantage Data is the first firm in the marketplace to launch a comprehensive, real-time, analytical product focused on the private credit market, a very opaque and difficult market to cover.” said René L. Robert, President of Advantage Data. “Our clients will now be able to use a number of analytic and workflow tools such as Advanced Search, Pricing, Analytics, and Charting to dissect private credit securities just as they would all other credit instruments currently covered by Advantage Data.”
The Private Credit Advantage compliments Advantage Data’s corporate credit suite of services which includes public corporate bonds, syndicated loans, middle market and Business Development Company (BDC) debt.
“What used to take investors, lenders, arrangers, analysts, originators, and investor relations professionals days to complete, can now be done in a matter of seconds with the Private Credit Advantage,” said Robert.
With almost 25 years of experience serving the financial services industry, Advantage Data leverages proprietary tools to provide Private Credit Advantage subscribers access to an extremely intuitive web-based platform. With the addition of the Private Credit Advantage to its 15 products and services, Advantage Data introduces transparency to the private credit markets — providing the tools and data for investment bankers, asset managers and industry professionals to analyze the credit markets with ease.
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