S&P Global Market Intelligence Expands Fixed Income Coverage with the addition of 4.6 Million Municipal Securities on S&P Capital IQ Pro
Rhea-AI Summary
S&P Global Market Intelligence has expanded its municipal securities coverage on the S&P Capital IQ Pro platform by adding 4.6 million securities, bringing the total coverage to nearly 6 million securities. The enhancement includes liquidity scores, end-of-day pricing, analytics, and enhanced terms and conditions data.
This expansion is part of the ongoing integration following S&P Global's merger with IHS Markit in 2022. The platform now provides access to reference and pricing data for over 26 million fixed income securities across various categories. Recent updates also include the launch of Document Intelligence with ChatIQ, a GenAI-powered assistant developed with Kensho, and expanded IQ Newsletters offering mid-day market summaries for US, European, and Asian markets.
Positive
- Addition of 4.6 million municipal securities, expanding total coverage to 6 million securities
- Platform now covers over 26 million fixed income securities across multiple categories
- Implementation of new GenAI features including Document Intelligence and ChatIQ
- Enhanced data analytics capabilities including liquidity scores and end-of-day pricing
Negative
- None.
News Market Reaction
On the day this news was published, SPGI declined 0.57%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
The expanded coverage of municipal securities includes liquidity scores, end-of-day pricing, analytics and enhanced terms and conditions data, such as bond schedules. These enhancements provide a comprehensive view of market liquidity, risk assessment and portfolio optimization opportunities for investors and issuers. This expansion is the latest enhancement resulting from S&P Global's merger with IHS Markit in 2022.
"As we enter the new year, we remain steadfast in our commitment to expanding content coverage, building tools and visualizations to bring this data to life and investing in GenAI innovations to further elevate the overall client experience," said Warren Breakstone, Head of Data & Research at S&P Global Market Intelligence. "With this update, the first of 2025, all S&P Capital IQ Pro users will gain access to reference and pricing data for over 26 million fixed income securities across Municipals, Government, Corporates, Loans, Supranational and Agency securities."
S&P Capital IQ Pro's recent platform updates also included the launch of Document Intelligence, a reimagined document analysis experience integrated with ChatIQ, a GenAI-powered assistant developed in partnership with Kensho, S&P Global's AI innovation hub. S&P Capital IQ Pro also expanded its IQ Newsletters to include mid-day summaries for
S&P Capital IQ Pro is S&P Global's flagship data and analytics platform offering access to deep, meaningful data on the global financial markets, companies and industries that help market participants make informed decisions. It also provides proprietary research and in-depth analysis from thought leaders and industry experts and compresses more than 135 billion data points a year into actionable intelligence.
More details on the full S&P Capital Pro release can be found here.
S&P Global Market Intelligence's opinions, quotes, and credit-related and other analyses are statements of opinion as of the date they are expressed and not statements of fact or recommendation to purchase, hold, or sell any securities or to make any investment decisions, and do not address the suitability of any security.
About S&P Global Market Intelligence
At S&P Global Market Intelligence, we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.
S&P Global Market Intelligence is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/marketintelligence.
Media Contact:
Amanda Oey
S&P Global Market Intelligence
P. +1 212-438-1904
E. amanda.oey@spglobal.com or press.mi@spglobal.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/sp-global-market-intelligence-expands-fixed-income-coverage-with-the-addition-of-4-6-million-municipal-securities-on-sp-capital-iq-pro-302344401.html
SOURCE S&P Global Market Intelligence