Bitvore Signs Kroll Bond Rating Agency For Muni Credit Intelligence Platform

KBRA is the First Credit Rating Agency to Adopt Proactive Intelligence Platform for Muni Issuers
By: Bitvore
 
IRVINE, Calif. - Aug. 25, 2015 - PRLog -- Bitvore Corp announced that Kroll Bond Rating Agency (KBRA), a full-service credit rating agency offering accurate ratings and transparent research to the investment community, has adopted the Obligor Intelligence platform by Bitvore to provide KBRA’s credit analysts with proactive credit surveillance  of the municipal finance market.

KBRA is the first credit rating agency to apply advanced intelligence systems to augment the expertise of their analysis about the increasingly volatile credit situations across the municipal market. Bitvore identifies issuer situations by monitoring 17,000 news sources of local and national information to pinpoint over 300 material changes that impact credit.  It covers all the issuers of muni bonds in the US and territories.  KBRA takes advantage of the automated portfolio surveillance and daily briefs to expand transparency into issuers and increase their breadth of knowledge.

“We are delighted to partner with KBRA to help them be among the best informed rating agencies,” said Jeff Curie, CEO of Bitvore Corp. “There are thousands of news sources covering material situations across thousands of issuers; with Bitvore’s automation of this information, the KBRA team is able to stay in front of the market and provide timely and transparent credit analysis.  We are happy to provide KBRA with an information advantage - far surpassing what most companies have - that ultimately will result in more informed ratings.”

“As we continue to grow exponentially within the Public Finance space   we need to continuously monitor our ratings and Bitvore’s automated portfolio surveillance system delivers a new level of transparency across the market in just a few minutes a day,” said Jim Nadler, President of Kroll Bond Rating Agency.

About Bitvore Corp.
Bitvore gives power to business leaders worldwide with highly focused, relevant and immediate material intelligence within the context of your business needs and decisions. Bitvore’s Intelligence platform – built by business leaders FOR business leaders – delivers a Material Information Advantage that elevates and improves our customers’ bottom line.  Bitvore’s patented AI technology masters the exponentially growing volume of information, far beyond the drudgery of time consuming searches and archaic manual reporting. Bitvore’s customers include Breckinridge, Fidelity, Eagle, Bessemer Trust, Mackay-Shields, Baird and many others.  Learn more at http://bitvore.com.

About Kroll Bond Rating Agency
KBRA was established in 2010 in an effort to restore trust in credit ratings by creating new standards for assessing risk and by offering accurate and transparent ratings. KBRA provides the investment community with an alternative solution by delivering timely and in-depth research. KBRA is a full service rating agency whose mission is to set a standard of excellence and integrity.

Contact
Jeff Curie
***@bitvore.com
End
Source:Bitvore
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Tags:Business Intelligence, Municipal Bonds, Intelligence Gathering
Industry:Financial
Location:Irvine - California - United States
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