Title: Associate Director
Firm: IHS Markit
With over nine years of experience, Tozar Gandhi leads a team at IHS Markit that values more than 100,000 high-yield municipal bonds each day.
“He brings an exceptional aptitude and strong understanding on the inner workings of the municipal credit market, and has been instrumental in driving the quality of IHS Markit's municipal offering,” said Frank Dos Santos, managing director at IHS Markit.
Under his leadership, IHS Markit has brought automation to the pricing process, and launched an initiative to leverage AI-based parsing technology to improve the depth and accuracy of the financial data used in valuations.
"I was introduced to public finance and the municipal bond markets a little under 10 years ago and was very fascinated with this unique U.S. focused capital market which is so closely tied to the overall U.S. economy, essential for infrastructure development and an integral part of investment portfolios of retail investors," Tozar said. "Over the past nine years it has been an enriching experience following developments and events in the municipal bond markets."
Through his participation at conferences and authorship of widely read daily commentaries, Tozar has heightened the transparency of valuations. He has also authored several special reports on significant municipal bond market events.