Boston, MA (PRWEB) November 01, 2012
Capital Market Exchange is the industry's first analytical platform to provide credit teams an issuer's spread adjusted for the best market views, or sentiment, on current credit risk. The company's suite of analytic tools enable Portfolio Managers and Credit Research Analysts to seamlessly incorporate a market-based price into their existing investment process. This market-based price, or a Sentiment Adjusted Spread, was previously unavailable to credit teams.
The enhancements include a Crossover Analysis that incorporates its Sentiment Adjusted Spread to identify investment grade rated issuers whose spread is signaling a move down to high yield. The New Issue Analysis aggregates in one place the most current forward calendar of investment grade new issuance and a comparison of the lead manager's offer spread to the issuer's Sentiment Adjusted Spread. Finally, the Top Issue Opportunities Analysis charts current rich and cheap issues by industry sector, based on the difference between an issuer's market spread and its Sentiment Adjusted Spread.
Capital Market Exchange's President, Sarah Biller, noted, "By aggregating and pricing factors driving spreads, Capital Market Exchange's analytic framework provides investment teams a next generation view of corporate credit risk. These easy to use enhancements expand investment team's unique perspectives and provide them greater clarity in a structurally different investing environment. Our end goal is to enable better, more forward-looking decisions."