FinMason, a U.S.-based fintech and funding analytics supplier that allows WealthTech platforms to speed up improvement and time-to-market, introduced on Thursday it has launched the second section of its mounted revenue analytics providing, municipal bond analytics, for the retail wealth administration and asset administration communities.
FinMason reported that its municipal bond rollout covers all the municipal bond universe throughout all 50 states, DC, and U.S. territories equivalent to Puerto Rico, the U.S Virgin Islands, and Guam. The rollout consists of greater than 30 analytics, calculated day by day, on over 1,000,000 municipal bonds. Final month, FinMason launched protection of all the world authorities and company bond universe.
“With today’s launch, FinMason is now able to provide sophisticated fixed income analytics on virtually all individual fixed income securities typically found in the retail wealth marketplace – roughly one and a half million individual bonds.”
Kendrick Wakeman, CEO of FinMason, additional commented on the launch by stating:
“We are positioning ourselves to be the vendor of choice when it comes to fixed income analytics for the retail wealth community, something that is badly needed as investors stretch for yield in this environment. We know that relatively few prospects or clients have individual bond positions, so our API solution enables platforms to analyze these bonds only as needed. This allows you to service all prospects and clients affordably.”
FinMason added that the launch carefully follows the announcement that RiskPro, a supplier of danger options to the RIA group, has chosen FinMason to reinforce its refined mounted revenue danger calculations.