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This week, we’re excited to announce the launch of our newest data license: Emerging Markets corporate bonds.
Sitting alongside our existing data licenses — High Yield bonds, Investment Grade bonds, and Leveraged Loans — this new expansion boosts Cognitive Credit’s total market coverage to 3,500 corporate issuers. With this launch, Cognitive Credit is now the only data provider offering structured data on investment grade bonds, high yield bonds, emerging market bonds and leveraged loans in one platform.
Here’s everything you need to know about our Emerging Markets corporate bond coverage.
Why Emerging Markets?
As mentioned in our press release by our VP of Data, Sudha Sathiaseelan, Emerging Market hard currency corporate debt market has doubled over the last 10 years to over $2.5tn outstanding.
Following double digit losses in 2022, benchmark EM indices have returned an annualized 7.5% over the last 3 years. Against the current macroeconomic backdrop of increased interest rate and commodity price volatility driven by geopolitical tension, trade wars, EM election cycles and AI hyperscaler spend, investors are constantly required to re-underwrite corporate credit risk.
We have also heard first-hand from our clients about the growing need for reliable and timely fundamental data on EM issuers To meet that need, we’ve brought our proprietary machine-reading technology to bear on the space.
What's included in our Emerging Markets bond data?
As with all our datasets, this license has been developed in collaboration with our buy-side and sell-side clients, and benchmarked to the J.P. Morgan CEMBI Indices. At time of writing, our coverage includes full financials, credit models and supporting document libraries (containing all disclosures processed by our technology) for 400 issuers, complete with historical data back to 2017 where possible.
This coverage universe will continue to grow over time, and clients can submit coverage requests via our app. Once received, our team will source the relevant documents and deliver a fully populated model and document library in-app within 24 hours.
We also support coverage of restricted names in the EM space. Users of our app can share the relevant restricted documents for names in their focus list and our proprietary technology will deliver the fully populated model in-app along with a secure library of any supplied documents.
If you’d like to discuss your EM coverage requirements, get in touch today.
How to access our Emerging Market corporate bond data
Our Emerging Market coverage can be accessed via the following services:
Our Emerging Market coverage can be accessed on-demand via the Cognitive Credit Web App or streamed directly into your business systems via our Data API. Additionally, Web App users can also embed this data directly into their own spreadsheet models via our Excel Add-in (included as standard with a Web App subscription).
Our Web Application is where you’ll find fully customizable credit models and supporting document libraries for every issuer in the license, to help you form your own view at speed. You can toggle between our 7 different coverage universes (shown below) and access our standard suite of analytical tools designed specifically for credit research — audit cards, charting and restatements etc — helping you make your overall analysis workflow faster and more efficient.
Additionally, Web App users can interrogate our EM data using Cognitive Credit AI. Simply enter your query or use one of our sample prompts to query an issuer or sector in natural language and unlock actionable, unbiased insights in seconds.
Our Excel Add-in is also included as standard with all Web App subscriptions, allowing you to stream our data directly into your own proprietary spreadsheet models. This gives you full control over what data you use, and also allows you to automatically update your models with the latest reporting data as soon as it is available.
And if you’re looking to power your Quant systems, our Data API allows you to stream all this raw data directly into whatever internal systems you use for your analysis. It's fully customizable to whatever data format and output is required, and supports a range of programming languages.
Why use our credit market data?
It's simple: Coverage, speed and accuracy.
Unlike other data providers, automation and technology is at the heart of what we do. We've developed proprietary tech that identifies, extracts and structures fundamental data from official earnings reports in a fraction of the time it takes a human to do it, resulting in comprehensive models of greater accuracy, delivered faster. It gives credit analysts back the time to focus on what really matters – insightful analysis that leads to better investment decisions.
To learn more about how we process and deliver our data, go here.
Access this data today
Our Emerging Markets coverage is available now.
Already a client? Simply contact our Client Success team today to add this license to your existing subscription.
If you’re not yet a client, to start using our data in your analysis of the Emerging Markets corporate bond space, you’ll need a subscription to Cognitive Credit. To get started, tell us your coverage requirements and we’ll show you how our data can take your credit analysis to the next level.
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