MuniRisk Launches Municipal Credit Research Application on the Bloomberg App Portal

MuniRisk works with Bloomberg to Provide Comprehensive Credit Surveillance and Research Solution for the Municipal Market Beginning with Portfolio Managers and Analysts

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Bloomberg

Jan 31, 2017, 07:00 ET

NEW YORK, Jan. 31, 2017 /PRNewswire/ -- MuniRisk Ltd is pleased to announce the launch of MuniRisk on the Bloomberg App Portal. MuniRisk is a municipal credit research application that is exclusively available to subscribers of the Bloomberg Professional service at APPS CREDIT<GO>. It is the first contributed application to the Bloomberg Terminal that offers comprehensive credit surveillance and analysis tools to municipal bond investors.

Designed by market practitioners, MuniRisk is powered by Bloomberg's expansive evaluated pricing and issuer data for municipal securities, as well as MuniRisk's proprietary data sets. It provides comprehensive financial, economic, demographic, sector-specific operational and pricing data for the municipal universe. With 120,000 individual fund accounts covered for more than 48,000 obligors, MuniRisk brings unprecedented transparency to an esoteric, but highly profitable, corner of the fixed income world.

"Especially in today's environment, not having a firm handle on your credit is not an option," said Chris Foster, Founder and Head of Product for MuniRisk. "Yet the current reality is that data has become so fragmented across the municipal community, that many simply don't have access to a 360-degree view of this massive market – making credit extremely difficult to properly analyze. By incorporating MuniRisk into the Bloomberg App Portal, we can provide a peerless market research and analysis application for municipal bond investors powered by the most comprehensive data set."

MuniRisk supports a variety of professionals across the municipal market. Today, MuniRisk provides end-to-end fundamental credit research support for portfolio managers and analysts through complete municipal market coverage, portfolio-level credit monitoring and surveillance functionality. It also provides an intuitive credit underwriting workspace, comparative analysis and benchmarking tools to enrich the user experience through a seamless workflow. Users can run high value muni functions on the Bloomberg Terminal directly from the application, as well as communicate with colleagues and clients to drive greater knowledge sharing and community-building. New features for credit surveillance and research, as well as MuniRisk for traders and sales, will be released later in 2017.

"We understand the new level of market research analysis that municipal investors need to be successful in today's market place," said Mark Pesonen, CEO of MuniRisk and former Bloomberg executive. "We know working with Bloomberg to deliver MuniRisk to investors will help us succeed as a respected credit risk monitoring and analysis workbench for the municipal bond markets."

The Bloomberg App Portal gives Bloomberg subscribers instant access to a diverse library of financial tools, provided by Bloomberg and third-party software developers from around the world. Applications are reviewed and selected for the Bloomberg App Portal based on a variety of parameters, including the ability for the application to add value to Bloomberg's existing feature set and information resources.

"The Bloomberg App Portal has evolved into a platform that enables and empowers contributors, like MuniRisk, to focus on developing end-to-end solutions as we continue to add new layers of value to our Bloomberg Professional subscriber experience," said Tony McManus, head of market data feeds and technology at Bloomberg. "As the first of many to come, MuniRisk's application delivers complete decision support, leveraging the best of Bloomberg's assets and its own unique functionality."

In addition to MuniRisk's own data sets, those who license the MuniRisk application via the Bloomberg App Portal can also access Bloomberg's municipal bond issuer data and evaluated pricing, or BVAL, which covers more than million U.S. municipal bond securities.

Bloomberg Professional service subscribers globally can instantly access the Bloomberg App Portal at APPS<GO>, where they can search for dozens of applications that help users accomplish specific tasks, such as value and price securities, visualize and analyze data or leverage new charting techniques. Applications can be licensed and operated from within the Bloomberg Professional service environment, without disrupting or interrupting workflow.

For more information about the Bloomberg App Portal, please visit www.bloomberg.com/enterprise/integration-distribution/app-portal or contact Mike King at [email protected].

About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service. Bloomberg's enterprise solutions build on the company's core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit https://www.bloomberg.com/ or request a demo.

About MuniRisk
MuniRisk is the only municipal credit research platform that delivers complete market coverage. Built by MuniRisk Ltd and backed by a powerful combination of Bloomberg and MuniRisk data, the application reinvents fundamental credit analysis by bringing full transparency to the municipal market. Eliminate unknowns, elevate municipal research, and open up pathways for greater industry dialogue and idea generation. MuniRisk is exclusively available to subscribers of the Bloomberg Professional service at APPS CREDIT <GO>.

For more information about MuniRisk, please visit www.munirisk.com.

SOURCE Bloomberg