admin No Comments

NEW BESPOKE ASSET VALUATION SERVICE

BESPOKE ASSET VALUATION SERVICE

 

23rd Jan 2017, Dublin, Ireland – Corvid Partners is a provider of illiquid fixed income valuations to the capital markets industry. As part of its ongoing new product development, Corvid is today launching its new bespoke asset valuation service.

 

Independent pricing of illiquid debt can be challenging for all market participants. Bespoke, structured products that are primarily held by a single investor pose a particular challenge on a number of fronts. From regulatory capital to funding costs, these types of transactions can be difficult and expensive to manage.

 

Corvid’s new bespoke asset valuation service works with clients to develop processes that will provide independent valuations on a regular basis. From building pricing models to delivering data to reviewing methodologies, Corvid can provide clients with an independent process and valuation. This provides clients with potential savings in funding costs, risk capital and allows for larger volumes of business.

 

Spokesperson Arun Biswas commented “The launch of this new service demonstrates our commitment to improving transparency and liquidity in illiquid debt markets. This service is an extended version of our current pricing service that we have developed on the back of a number of client requests. We hope to announce further developments with this service in the coming months.”

 

If you would like to know more about Corvid’s valuation services, call us on +353 1 2544733

admin No Comments

CORVID’S ILLIQUID DEBT VALUATION OFFERING REACHES 10,000 ASSETS

CORVID’S ILLIQUID DEBT VALUATION OFFERING REACHES 10,000 ASSETS

 

11th December 2016

 

10000 assets

Corvid Partners today added its 10,000th fixed income asset to its illiquid debt valuation service. In 12 months, Corvid has become one of the largest providers of illiquid credit pricing to some of the world’s largest capital markets firms. In building our portfolio of 10,000 assets we have developed over 100 pricing models that we use to value more than 30 different asset classes.

 

Our pricing team records more than 125,000 data points each day. We value debt issued in 14 different currencies from more than 40 different countries. Looking ahead to 2017, Corvid will continue to add new asset classes to its offering to meet our client’s needs.

 

We have been able to reach this milestone by providing high-quality data to our clients and transparency in our processes. We don’t manage any third party assets and we don’t trade any assets for the firm. This keeps us impartial and independent in our opinions. When our clients disagree with our valuations, we provide same day price challenging services. We work closely with multiple data providers and are continuously updating our models and our approach to different asset classes.

 

We look forward to 2017 and continuing to grow our business. With our help, we believe we can help illiquid credit investors provide more certainty and transparency to their portfolios.

 

If you would like to know more about our services, call us on +353 1 2544733

admin No Comments

BLOOMBERG L.P. SELECTS CORVID FOR INDEX VALUATION SERVICES

BLOOMBERG L.P. SELECTS CORVID FOR INDEX VALUATION SERVICES

 

15th October 2016,

 

 

New Haven, CT. – Corvid Partners, a provider of illiquid fixed income valuations, today announced it has agreed a new deal to provide illiquid bond valuations to Bloomberg L.P. for its BRAIS index products. Corvid will provide regular pricing on the hard-to-price bond constituents that make up part of the Bloomberg Index services.

 

This new development makes Corvid Partners one of the largest providers of illiquid bond valuations to Bloomberg. Spokesperson Naomi Duffy said “We are excited by the opportunity this deal gives us to expand our client offerings. The continued growth in our relationship with Bloomberg is a testament to the hard work of the Corvid team and our commitment to providing the highest quality data to the capital markets industry.”

 

For further information about Corvid Partners, contact us at www.corvidpartners.com or call +353 1 2544733

admin No Comments

CORVID ADDS EUROPEAN ILLIQUID DEBT SECURITIES TO ITS PRICING SERVICES

CORVID ADDS EUROPEAN ILLIQUID DEBT SECURITIES TO ITS PRICING SERVICES

 

20th August 2016,

 

Dublin, Ireland – Corvid Partners is a provider of illiquid fixed income valuations to the capital markets industry. Today, it expands its valuations services to European illiquid debt securities.

 

The service is aimed at data providers, investors and administrators who are involved in illiquid credit markets. By providing independent and transparent valuations on hard-to-price or level 3 assets, Corvid gives clients greater confidence in its reporting to regulators and investors.

 

Darragh Mooney, Head of European operations outlined the reasons for the expansion. “Europe has historically had a much broader range of fixed income security types. Each country has its own idiosyncrasies and legacy structures. Combine this with the continued stagnation of capital markets in Europe and you have a large pool of illiquid assets that investors struggle to price with confidence. We want to bring some clarity to that confusion with our independent valuation services.”

 

Corvid will initially focus on illiquid corporate bonds and bespoke securitised products to meet demand from its current client base. It will expand this offering to include public sector and infrastructure products in the coming months.

admin No Comments

CORVID PARTNERS AND DARTMOUTH COLLEGE FACULTY LAUNCH R&D PROGRAM

CORVID PARTNERS AND DARTMOUTH COLLEGE FACULTY LAUNCH R&D PROGRAM

 

Hanover, NH – Corvid Partners, a provider illiquid credit pricing today announced a R&D Program with an economist from the prestigious Ivy League member, Dartmouth College.

 

The purpose of the joint venture is to generate more efficient ways to price illiquid fixed income assets. The deterioration in market liquidity over recent years combined with the increased regulatory burden facing most investors has increased the need for reliable pricing on all asset classes.

 

We are excited to be working with distinguished faculty from an institution as respected as Dartmouth College. We look forward to bringing new ideas to our clients over the coming months as our program develops.