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 that over 99% of these securities do not trade on a daily basis and must be derived via sophisticated model. Our approach includes aggregating large amounts of data utilizing cloud computing technology and implementing accepted 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 analyze enormous amounts of data in a manner consistent with traditional valuation standards of quality and methodology using Big Data/cloud technology. The result is enhanced coverage beyond any vendor and the ability to cover any credit security given minimal requisite data inputs. In this way, BCD offers the breadth of a traditional market data vendor with the sophistication of a full service valuation firm at a fraction of the price.

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