Primary Bond market investors, issuers, and dealers will be able to access and analyze DBRS ratings data and links to issuer-level research reports directly from Overbond platform.
DBRS, a global provider of credit ratings, and Overbond, the first fully-digital platform for primary bond issuance, announced today an arrangement to provide participants in the primary bond origination market with access to DBRS ratings data and proprietary DBRS research reports, integrated into the Overbond platform.
The dramatic rise in primary bond market transaction volumes has increased the demand for credit ratings information. The integration of the DBRS ratings data within the Overbond platform allows for greater efficiency throughout the bond issuance process, and provides market participants with valuable and timely credit rating information regarding their portfolio investments and data analysis.
“Investors that look at the credit ratings of company or government debt as part of their considerations regarding different bonds now have direct access to this information from within the Overbond platform,” said VukMagdelinic, CEO and co-founder of Overbond. “The integration of DBRS proprietary RatingsNow data into the Overbond platform provides investors, issuers, and dealers easy access to data that supports informed investment decision-making, and evaluation and monitoring of risk.”
This integration provides Overbond users with access to credit event alerts and rating actions via the Overbond platform. Additionally, this information will allow users the ability to analyze and visualize historical ratings data.
“DBRS is pleased to be working with, and providing ratings information to Overbond as they seek to increase technological innovation and efficiencies in the capital markets”, said Doug Turnbull, Vice Chairman – Head of Canada for DBRS.