Through the acquisition of BQuotes, Moody`s offers comprehensive

Transcription

Through the acquisition of BQuotes, Moody’s offers comprehensive real-time market data in our suite
of valuation tools. Moody’s CreditQuotes innovative product line offers real-time price discovery, markto-market data and a database of Universal Identification Numbers (UINs), all delivered in an intuitive
interface that is integrated with both Blackberry™ and Excel.
Our CreditQuotes products help every trader, portfolio manager and risk manager become more effective
by providing tools to access all the information at their fingertips.
PRODUCTS
Moody’s CreditQuotes Live helps every trader, portfolio
manager and risk manager become more effective by
providing real-time price quotes and changes the way
market participants view pricing information.
Moody’s CreditQuotes End of Day enhances the
transparency of mark-to-market prices by offering same-day
closing corporate credit and derivative prices.
MarketView: Get a snapshot of the whole market or of a selected market segment, intra-day or historically. View moves & arbitrage
opportunities in CDSs and/or Bonds.
Moody’s CreditQuotes Live extracts quotes for CLOs, CDS, LCDS, Indexes,
Tranches, Bonds, Convertibles, ABS/MBS, Sovereign & Variance Swaps in real time,
giving a true picture of market depth for each issue and changing the way market
participants view pricing information.
features:

Fully managed solution: CreditQuotes Live gives you a choice of an ASP installation or a local installation managed by
your IT. The integrated A.I. engine detects and corrects large credit movements and/or typos in real-time.

Flexible and rich presentation: The interface contains a Watch List with the best & last bid/offers; a curve view
showing the historical CDS curve movements; a market view containing best bid & offer for all instruments and is
fully customizable.

Robust and scalable tools: The Excel component lets you specify different algorithms for getting curve quotes, can
provide historical quotes, supports dealer inclusion/exclusion and can automatically notify you when changes occur.

Mobility: Receive real-time market data wherever you go through OTC-Live Mobile™, which is an additional custom
application for the RIM Blackberry™ platform.
Search As Fast As You Can Type: Exact Match / Phrase Search / Negation Search /
Wildcards / 1 Million Emails.
CDS Calculator: Calculate prices for CDS, LCDS, Index and
Tranches almost instantaneously as quotes are being received
& significantly simplify the burden of pricing a portfolio and
negotiating a price when executing a trade.
Trades Wanted: BWICs / OWICs
Moody’s CreditQuotes End of Day offers same-day prices and spreads for CLOs,
CDS, LCDS, Indexes, Tranches, CDX Options, Corporate & Convertible Bonds and
ABS/MBS. Prices for other exotic instruments such as Zero-Coupon Only/Principal
Only tranches (ZONE or PONY), Preferred CDS, CDS Recoveries & Tranchlets are
provided as well.
features:

Up-to-date information: By using information directly from the marketplace, the latest and most up to date prices are
always available for the most liquid and less frequently traded items.

Real, executable prices: The pricing information is better than the dealer closing data, as the latter may be influenced by
the positions that the dealers hold in their books or may simply be a “stale” price.

Diverse and dense data set: By collecting data from the buy-side, information from the whole dealer community is
incorporated (currently, prices from more than 50 dealers and brokers are used).

Fast delivery: By computing and cleaning the spreads and prices throughout the day the work needed to produce end of
day marks is minimized, and therefore prices can be delivered on the same day.

Expanded security master capabilities: The UIN browser allows users to look through a company’s traded CDS, LCDS and
Bonds and gives a detailed view of a company’s hierarchy which increases transparency for front, middle and back offices.
Issuer View: Captures spreads, axes, sizes from messages of any format.
Curve View: View current and historical CDS curve.
Helps decision making for curve trades.
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BQuotes is delivering a fully automated solution without costly and timedelayed human intervention and with Excellent support. It has become an
important component of our trading infrastucture.”
Jonathan Zhukovsky, Managing Director and CTO, Highbridge Capital Management
We use data from various sources for our trading and models. BQuotes
has the only price-discovery system that works with our products and
their support is exceptional. It is a great time and money saver.”
Mark Friedman, Chief Investment and Risk Officer, AM Investment Partners
BQuotes has made our high yield trading much more effective...it will offer
significant future cost savings.”
Greg Hopper, Head of Global High Income Strategy, Julius Baer
We were in the market for a parsing system and BQuotes was not only
up and running in one day with their ASP model, but was easily the most
rounded-up product, from being able to handle our spreadsheets to
capturing all the asset classes that we needed to providing better support,
all at a competitive price.”
Greywolf Capital
We were impressed with the speed of the system and the professionalism
of BQuotes support.”
Hilmar Schaumann, Head Trader, Deister Capital
We have tested both home-grown and third party price-discovery
systems, and BQuotes has delivered a cost-effective solution, backed up
by first class support. The ROI proposition was clear.”
The Clinton Group
www.moodys.com/creditquotes
Contact Information
Americas: Gary Gross: +1.212.553.4015 / gary.gross@moodys.com
Europe: Client Desk: +44-20-7772-5454 / clientservices.emea@moodys.com