Municipal Bond Evaluations

​Best Credit Data (BCD) is a Boston based data company focused on fixed income evaluated pricing for public and private credit facilities. We started BCD to focus first on the Municipal bond space to create a product that utilizes the newest cloud technology. Within Municipal bonds specifically, there are over 1 million securities that need to be priced every night, of which only about 12,000 trade on any given day. This means over 99% of these securities don’t trade daily and need to rely on sophisticated model pricing. Our approach includes aggregating large amounts of data and utilizing cloud computing to enhance industry standard valuation models.

Private Credit & Illiquid Securities

BCD has since adapted this data-driven approach to cover other illiquid markets such as Private Placements, Syndicated & Middle Market Loans and Corporate Bonds. Best Credit's value-add in the industry is our ability to intake large amounts of data and apply it in a manner consistent with traditional valuation standards of quality and methodology. This results in enhanced coverage beyond any vendor and the ability to cover any credit security given minimal requisite data inputs. In this way, BCD sits between a traditional market data vendor and full service valuation firm.

See our Products page for more information on our ability to cover hard to price securities.