New York – September 18, 2017 – Street Diligence, the leading provider of fixed income analytics software, has today announced the ground-breaking addition of a corporate structure offering.
Complementing Street Diligence’s existing buy-and sell-side data and analytics, the new offering enables credit analysts access to the most complex corporate structures, their debt guarantees and a view on subordination risk. This will augment its existing coverage of specific deal terms and covenant analysis on fixed income securities.
“This is a significant addition for our rapidly growing client base,” remarked Stephen Hazelton, Founder and CEO of Street Diligence. “In an increasingly competitive investment environment, our clients must seek every advantage. We are proud to be the first and only source for this valuable data set,” continued Hazelton.
The corporate structure maps out a company’s subsidiary ownership, displaying guarantor and non-guarantor relationships and debt capital structure by issuing entity, along with identifying structural subordination risk.
The new offering runs on and expands Street Diligence’s patent pending technologies, which represent disruptive, industry leading advancements. “At the heart of our company is our mission to eliminate the frustration and risk that our clients experience when negotiating deal terms and conducting due diligence,” commented Hazelton. “Augmenting our platform with a corporate structure offering provides significant value to our clients, and we look forward to continuing to develop capabilities to better serve their needs.”
About Street Diligence:
Street Diligence is the leading provider of deal term analytics for fixed income investment professionals. Our web-based platform is used by leading hedge funds, global investment banks, direct lenders, restructuring advisors and insurance companies to perform due diligence and improve deal term negotiation. Coverage focuses on public and private fixed income securities in North America, including high yield bonds, syndicated loans and mid-market direct lending.
Buy- and sell-side analysts use Street Diligence to instantly break down a company’s deal documents to evaluate subordination risk, covenant constraints across the capital structure, guarantor and non-guarantor inconsistencies and loopholes in legal language. The platform’s benchmarking analytics are used to negotiate better deals, analyze investment opportunities and service advisory clients. Street Diligence was founded in 2012 by former hedge fund PMs and analysts and has offices in New York and Boston.
For more information, please visit: www.streetdiligence.com