
FT Interactive Data enhances BondEdge credit risk capabilities
Supplementing the existing reports, which show current spread levels and spread volatility for corporate holdings versus a 90-day average and standard deviation for each bond in a portfolio, the new capability will allow users to compare information, at the sector level, with the credit component of a chosen benchmark.
"You might discover, for example, that spreads in a particular industry are becoming more volatile, or that your portfolio's exposure to a given industry versus the average holdings in a broad index is potentially much more risky as measured by theoretical default probability," said Teri Geske, senior vice-president of product development for BondEdge. "All of these could serve as invaluable early warnings."
The new product will also allow users to look at daily histories of prices, yields and option-adjusted spreads for corporate bonds on an individual holdings basis as well as implied credit default spreads and default probabilities supplied by CreditGrades. The company claimed these daily histories allow for trend analysis as well as bond-to-bond comparisons for relative value analysis.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Technology
Regulation
ECB grants post-Brexit reprieve on large exposures limit
Exemption for intra-group exposures to UK will be preserved pending a decision on equivalence
Receive this by email