New York – June 6, 2016 – Street Diligence, the leading provider of fixed income data and analysis, is pleased to announce its international expansion with the addition of a $49B Canadian investment manager.
The expansion into Canada is a natural development for Street Diligence, following the high adoption rate across the U.S. Institutional investors on both the buy- and sell-side find Street Diligence to be indispensable in their workflow, helping them with quick, accurate and differentiated analysis in the increasingly competitive marketplace.
“We’re excited to announce our first Canadian client and continue to broaden our reach as our global footprint expands,” said Chris Hontvet, Vice President, Sales. “It’s an exciting time for Street Diligence as the global financial industry has been radically reshaped over the recent years as breakthrough technologies have changed the way the world gathers and analyzes data. The market has quickly responded and adopted the Street Diligence platform as the new standard for fixed income due diligence,” he added.
Over the last year, Street Diligence has seen increased adoption from hedge funds, asset managers, direct lenders, insurance companies, leading sell-side institutions and restructuring advisory firms, all of whom understand that they must evolve and streamline their investment process in order to remain competitive.
About Street Diligence
Street Diligence’s bank loan and high yield bond platform makes negotiating and analyzing credit agreements, indentures and their amendments much more effective. Coverage focuses on revolvers, term loans and corporate bonds in the U.S., and its system breaks down key covenant terms and conditions, allowing the investment professional to digest and negotiate them more effectively.
Street Diligence was founded in 2012 by former hedge fund portfolio managers and analysts to identify and negotiate away off-market terms, in addition to taking the frustration and tedium out of due diligence. The company is headquartered in New York, with offices in Boston.
For more information, please visit: www.streetdiligence.com