NEW YORK â Standard & Poorâs and Citigroup announced today that municipal securities data from Standard & Poorâs Securities DataManager is now available on The Yield Book fixed income analytics software. With this combination of services, mutual customers of Citigroupâs Yield Book, a leading provider of fixed income portfolio analytics software, and Standard & Poorâs, a premier data source for U.S. fixed income securities reference data, may now perform risk and value analysis on their municipal securities holdings.
"This new endeavor with Citigroup opens up an additional data distribution channel, while reaching Yield Book's vast client base. The Yield Book relationship will allow our clients to experience improved efficiencies and easy access to fixed income data available in the Securities DataManager service," says Frank Ciccotto, senior vice president, Securities Evaluations, Standard & Poorâs.
Standard & Poor's Securities DataManager is an integrated data source for U.S. fixed income securities reference data that delivers continuous intra-day updates on more than 1.8 million municipal and corporate issues. The service supports extensive detailed security descriptive data in fixed fields. Securities DataManager is utilized in every financial services sector including broker/dealer, portfolio management and banking entities.
âWe have many Yield Book customers who want to apply the same quantitative approaches to their tax-exempt portfolios as they do with their taxable holdings,â said Tom Klaffky, Citigroup managing director and head of The Yield Book. âWe are very pleased that this agreement with Standard & Poorâs allows us to expand our product to satisfy our customersâ needs.â
The Yield Book Inc. is a leading provider of fixed income portfolio analytics software, delivering the Yield Book system around the world to institutional portfolio managers -- investment advisors, insurance companies, banks and hedge funds -- as well as to Citigroup's trading, sales, and research professionals.
The Yield Book calculates consistent yield, risk and return measures for a broad spectrum of bonds, enabling users to perform analysis on portfolios comprising a wide range of fixed income security types, now including municipal securities.