Breckinridge Capital Advisors has adopted Bitvore Corp.'s Obligor Intelligence platform to provide analytics and insight on a growing portfolio of 40,000 different CUSIPs from over 4,000 issuers.
"We take a tremendous amount of pride in our work and forming deep relationships with our clients, and this has allowed us to exceed Breckinridge's expectations," Jeff Curie, chief executive officer of Bitvore, said in announcing the signing. "By monitoring over 17,000 news sources of local and national information, we're able to pinpoint over 300 material changes. And as a comprehensive early-warning system for municipal bonds, we discover actionable nuggets every day and any one of them can improve the returns for our clients."
Breckinridge, a Boston-based investment advisor specializing in the management of high grade fixed-income portfolios for institutions and private clients, leverages the muni bond-specific and personalized information to assess new deals or review existing credits.
According to a release from Bitvore, by using Obligor Intelligence, Breckinridge can now look beyond rating agency reports to integrate additional content into their decision making process and identify potential risks. The Obligor platform's depth, scalability and company-wide adoption by more than 50 team members ensures timely insights for a sustainable competitive advantage.
"Getting in-depth local intelligence is a competitive advantage because by the time the information bubbles up to the national level, it's too late," said Andrew L. Meyers, chief operating officer of Breckinridge. "The sooner we can identify relevant information the sooner we can act on opportunities that we might have otherwise missed."