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Best Credit Data Partners with FactSet to Distribute Municipal Bond Pricing
January 13, 2016
Best Credit Data (BCD), a provider of bond pricing data and analytics, today announced a partnership with FactSet Research Systems (NYSE: FDS) (Nasdaq: FDS), to distribute end-of-day municipal bond pricing to FactSet's global clients. FactSet is a leading provider of integrated global financial information and analytical applications for the investment community.
BCD Municipal Bond Pricing provides evaluated pricing for over 1.25 million U.S. municipal bonds every day with eight years of end-of-day history. With this new partnership, FactSet customers have the ability to subscribe to the BCD municipal bond pricing and download the data directly into local databases or analytic tools.
"FactSet's high quality customer service and its ability to seamlessly integrate data within the customer's workflow are only a few of the reasons we are excited about the FactSet partnership," said Pierre Robert, CEO of Best Credit Data Inc. "Having our data available through FactSet gives us a meaningful advantage when it comes to the evaluated pricing space."
"We are pleased to offer BCD pricing data to our clients, giving more FactSet users access to EOD evaluated pricing data," explained Robert Robie, SVP, Director of Global Fixed Income of FactSet. "This partnership gives our clients another perspective into the highly illiquid Muni Bond Market and reinforces our commitment to provide high-quality and unique content to empower clients in their decision-making."
About Best Credit Data Inc.
Best Credit Data is a Boston based provider of US bond pricing and analytics. By using observation driven methodology and big data cloud computing technology, BCD is changing the bond pricing and analytics world by providing cost effect alternatives to pricing bonds. Best Credit Data expects to close its next round of funding in Q1 2016.
FactSet, a global provider of financial information and analytics, helps the world's best investment professionals outperform. More than 63,000 users stay ahead of global market trends, access extensive company and industry intelligence, and monitor performance with FactSet's desktop analytics, mobile applications, and comprehensive data feeds. The Company has been included in FORTUNE's Top 100 Best Companies to Work For, the United Kingdom's Great Places to Work and France's Best Workplaces. FactSet is listed on the New York Stock Exchange and NASDAQ (NYSE: FDS) (NASDAQ: FDS). Follow us on Twitter: www.twitter.com/factset.