SOLVE Relative Value Analysis™ turns relative value into a real-time, configurable, actionable decision framework. Define cohorts on your own terms. Ground every comparison in SOLVE Px™ predictive pricing and SOLVE Quotes™ pre-trade data. Move from spotting relative value to acting on it in a single workflow, purpose-built for the modern fixed income desk.
Relative value is no longer a single comparison. Evaluate a bond against the cohort that actually reflects its peers, and compare one market segment against another, all tied to what the market is showing right now.
Bond vs. Bond
Enhanced SOLVE Relative Value Analysis is built on the Bond vs. Bond foundation traders already rely on, now extended to the cohort and segment level.
In practice:
Pin one bond against another and track how their spread relationship moves over time.
Bond vs. Cohort
Evaluate a single bond against a cohort of comparable securities for a more scalable, meaningful read on whether it is cheap or rich. Sharper conviction on bid and offer decisions across thousands of potential securities.
In practice:
Define a cohort in plain language. Type “ten-year autos, no call” or “double-A rated school districts, California, bank qualified” instead of navigating dropdown menus.
Cohort vs. Cohort
Compare one market segment against another. Airports versus railroads. One sector versus a benchmark subgroup. See where value is building across sectors, industries, and themes, and support capital allocation at a higher level.
In practice:
Airports versus railroads, or one sector against a benchmark subgroup.