Today’s investment professionals need comprehensive information they can rely on to help monitor portfolios, report values on account statements, calculate NAVs and margins, and fulfill growing regulatory requirements.
With over 35 years in the pricing business, time-tested methodologies and world-class support, Standard & Poor’s Securities Evaluations (SPSE) is uniquely positioned to meet these needs.
We provide independent evaluations and distribute third-party pricing services1 for all types of securities on a global basis – from simple to hard-to-price.
Comprehensive Coverage for All of Your Needs
Over 6 million global instruments are available. This includes more than 2.9 million fixed income bonds evaluated by SPSE each business day:
U.S. Municipals, both tax exempt and taxableU.S. Corporates, Treasuries, Agencies, CMOs, ABS, CMBS, MBS, CDOs, CLOs, and Derivatives
U.S. Municipal Total Return Indices and Yield Curves
Tender Option Bonds
Certificates of Deposit
European Corporates, Government and Sovereigns, ABS, MBS, CMBS2
Syndicated Loans
Global Swaps/Swaptions
For Bonds and other derivatives, our evaluations represent our opinion as to the bid side3 price level of the individual security based upon where a round lot4 position would trade at the end of each business day.
An enriched offering of over 3 million instruments through a wide range of supplemental providers, including:
CSV, Inc Global Swaps and Complex Structures
Kestral U.S. Corporate Bond Pricing
Reuters U.S. Corporate, Treasury, CMB and ABS Bond Pricing5
Telekurs Financial Global Equity Pricing5
YieldBroker Australian Bond Pricing
PIP Mexican and other Latin American Bond Pricing
ICAP End-of-Day pricing
CIBC Canadian Bond Pricing
Intex U.S. Structured Finance Factors
IMAK European Structured Finance Factors
“An evaluation is not just a price”
Your Benefits from Using Standard & Poor's Securities Evaluations
Independent evaluations based on a transparent and consistent methodology
Direct access to the evaluation analysts on SPSE priced securities
Distribution of SPSE and supplemental providers’ pricing and data for over 6 million instruments, covering most asset classes.
One point of contact for all pricing feeds
Savings in operational expenses and programming time.
Tap our Capabilities for a Competitive Edge
When SPSE prices bonds, we compare and relate our results to actual market activity, and take into consideration information available from numerous databases and outside resources. Some more data is sourced from dealer or contributor quotes, exchange reported trades, trade transparency reports, customer reported trades and ongoing market feedback.
Access One of the Most Experienced Teams in the Industry
Based in New York and London, Standard & Poor’s staff of over 40 professional evaluators average over 16 years of fixed income experience and are supported by more than 70 operations and research personnel. You can contact our pricing analysts directly via telephone, email and the internet for methodology questions. Globally located help desks are also available to serve you.
Get the information you need – quickly and easily:
Updated prices available each business day6
Pricing through the web at www.sp.securitiesevaluations.com (SPSE evaluated pricing only)
Fixed and delimited file formats containing various pricing data elements
NDM/FTP leased lines and dial-up
24/7 Data Center support
Standard & Poor’s distribution systems saves you valuable programming time and costs by providing a single source for end-of-day pricing and securities data, delivering data in an easy to code format as either bulk file or portfolio. To see how this delivery option can help make your job easier, and to review a complete list of available data elements, please contact us.
1Supplemental Feeds reflect evaluations and equity pricing services of other, unaffiliated firms with which SPSE has contracted to distribute to its client base. Prices and data provided by these third-party firms are the responsibility of those firms and not SPSE and are produced under the firms’ methodologies and policies and procedures.
2Available intra-day at up to 5 intervals.
3Offered side and mean side price levels are also available.
4U.S. municipal retail lot size pricing also available.
5North American distribution only.
6Based on U.S. NYSE and U.K. holiday schedules, depending on asset class.
Securities evaluations services are provided by Standard & Poor's Securities Evaluations, Inc., a wholly owned subsidiary of The McGraw-Hill Companies. Analytic services and products provided by Standard & Poor's are the result of separate activities designed to preserve the independence and objectivity of each analytic process. Standard & Poor's has established policies and procedures to maintain the confidentiality of non-public information received during each analytic process.
