MBIS muni market data is now available within Investortools.
This article was originally published by Investortools.
Investortools delivers a comprehensive view of the municipal bond market through its partnership withleading data provider, Municipal Bond Information Services (MBIS).
“We’re driven by our commitment to provide high value to our partners, including pricing vendors, hedge funds, dealers, banks, and regulatory agencies,” says Tim Tatum, CEO of MBIS. “Working with Investortools is a natural fit and has strengthened our commitment to providing all market participants access to broad and affordable data.”
By integrating MBIS’s intraday market data, bid/offer stack, and coverage of more than 400,000 daily market quotes, Investortools helps clients gain insight into bond pricing and trading dynamics for more informed investment strategies. MBIS offers roughly 400% more coverage than reported trades alone through pre-trade, executable quotes sourced from multiple contributors.
Additionally, MBIS data is continuously updated on a 15-minute interval throughout the trading day, providing a valuable perspective on both bids wanted and offerings. This data feeds seamlessly into Investortools’ platform, enabling users to monitor the municipal market in near real-time.
Another advantage of MBIS data lies in its ability to compare securities. Its methodology for identifying peer bonds offers insight into the trading range for otherwise illiquid securities. This approach allows MBIS to maintain a municipal benchmark curve derived from executable market data. Investortools clients can incorporate these yield curves directly into their option-adjusted calculations, Identify Ticket (Acquisition) Spreads, and embed them into both native and custom reports for deeper fixed-income analysis.
Together, Investortools and MBIS address the evolving needs of fixed-income professionals, ensuring market participants have the comprehensive municipal bond data required to confidently inform their investment decisions.
About Investortools
For more than four decades, Investortools has been a leading provider of solutions regarded by the industry as a prerequisite for fixed-income investment management. Its comprehensive product suite covers portfolio, order, and execution management, performance analytics, 2a-7 compliance, and credit analysis. Trusted by over 200 firms managing more than $1 trillion in assets, Investortools supports SMA managers, fund managers, broker-dealers, and other key market participants.
About MBIS
Municipal Bond Information Services was founded as a consortium of eleven municipal security trading firms who assembled to aggregate their market data. The consortium’s goal was to promote improved municipal market price transparency and enhance monitoring and pricing practices. In 2022, MBIS became an independent entity with headquarters in Aurora, IL. Since then, we have continued to refine MBIS products to provide our clients with industry-leading market data and peer security comparisons.
