US Investment Grade data has arrived on Cognitive Credit. Featuring full financials and credit models for over 450 issuers, here's all the key details on our newest data license.
This week, we’ve launched our newest data license - US Investment Grade.
Sitting alongside our three existing data licenses - US High Yield, European High Yield and European Investment Grade - this new expansion boosts Cognitive Credit’s total market coverage to 1,750 corporate issuers. Here, we’ll cover everything you need to know about this new license: why US investment grade bonds, what’s included and how you can access it.
The well-covered transition to a new interest rate regime has resulted in renewed interest in the Investment Grade space over the past year. Today, BBB-rated issuance comprises approximately half of the $5tn USD Investment Grade market. The growth in this universe means that credit investors are now screening a much larger opportunity set than ever before.
Throughout 2023, we’ve heard that story first-hand from our clients, too. And it’s apparent that demand for comprehensive financials and credit models on BBB-rated issuers (and above) has become more pressing.
In response, we’ve brought our proprietary machine-reading technology solution to bear on the investment grade space. First, with our European Investment Grade bond data launched earlier this year, and now with our US Investment Grade bond data launched this week.
As with all our datasets, US Investment Grade has been developed in collaboration with our buy-side and sell-side clients, and benchmarked to the iBoxx USD Liquid Investment Grade BBB Index. At launch, it includes full financials and credit models for 450 US denominated issuers, complete with historical data.
As always, that number will continue to grow over time with the addition of new issues and coverage requests from our clients.
Here’s how the license breaks down by sector:
As with our three other licenses, our US Investment Grade data can be accessed via our innovative web application and Data API.
Our web application is where you’ll find dynamic credit models that you can fully customize to suit your view and update with any new earnings data when available. The app also comes with a suite of analytical tools designed specifically for credit research, helping you transform your overall credit analysis workflow.
Conversely, our Data API (launched earlier this year) allows you to stream all our raw data directly into whatever business systems you use for your analysis. It’s the most efficient way to consume our data.
As mentioned above, the way we deliver our bond market data is unique in credit markets.
Unlike other data providers, we don’t rely on time-consuming and often inaccurate manual data entry. We use our own machine-reading technology developed in-house to extract financials directly from earnings reports as soon as we receive them. It’s faster, more accurate and gives credit analysts the time to focus on what really matters - insightful analysis that leads to better investment decisions.
If you’d like to learn more about how we extract, structure and deliver our data, check out our data page.
To get a look at our newest data license, you’ll need a subscription to Cognitive Credit. To get started, request your demo today and we’ll show you how our investment grade bond data can take your credit analysis to the next level.
Additionally, if you’d like to learn more about a specific issuer included in our coverage list, let us know and we’ll be happy to send you a sample credit model.