Best Credit Data was founded on the principle of using the best Big Data technology and resources available to create the highest quality and most transparent evaluated pricing for the Municipal and Corporate Bond Markets, Syndicated and Middle Market Loans, and private placements. We use one of the world's largest, high-performance, cloud-based data analytics platforms, designed specifically for large-scale big data analysis. On this platform, we are able to calculate more analytics per minute than most firms can in days. Better inputs, better models and unprecedented computing power yield better, faster and more accurate evaluated pricing. These capabilities also allow us to calculate industry-standard analytics at scale. We are using the next generation of cloud computation technology, which means that every day our computational power increases.
As a new pricing provider, we chose to begin with Municipal bonds because, after talking with hundreds of buy-side firms and studying the market in great detail, it was clear that clients would benefit from the fresh perspective that a new provider can bring to an established market. BCD is not constrained by decades-old policies, procedures, infrastructure and competitive issues. We embrace the most recent advances in technology and use cloud-based computing along with our proprietary algorithms to create robust, complete, and high-quality, evaluated pricing. We are complete in coverage and we are accurate in price. But just as important, we partner with our clients and the vendors our clients already use and trust.