From Months to Days: Transforming Muni Bond Trading with Predictive Pricing
From 90 days to 10. A global asset manager cut SMA investment time by nearly 90% — turning a three-month backlog into a two-week workflow.
A customized fixed income team at a global asset manager faced a structural bottleneck: muni bond price discovery was slow, fragmented, and manual. Portfolio managers were doubling as traders, SMAs took 90 to 100 days to invest, and smaller lots and illiquid names stayed out of reach. After integrating SOLVE Px™ predictive pricing into its InvestorTools Perform® workflow, the firm cut SMA investment time by nearly 90%, stood up a dedicated muni trading desk, and unlocked the speed to launch seven new ETFs, lower account minimums, and sharpen tax-loss harvesting across the book.
Seven new ETFs. Lower minimums. More customization. None of it was possible in the old world of manual muni pricing.
Read the full case study to see how real-time, side- and size-specific predictive pricing, with 2.7 bps median absolute error and 1 to 10 confidence scores, gave junior traders data-driven guardrails and experienced traders the conviction to move faster.
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About SOLVE
SOLVE is the leading market data platform provider for fixed-income securities, trusted by sophisticated buy-side and sell-side firms worldwide. Founded in 2011, SOLVE leverages its AI-driven technology and deep industry expertise to offer unparalleled transparency into markets, reduce risk, and save hundreds of hours across front-office workflows. With the largest real-time datasets for Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Private Credit, SOLVE empowers clients to transform the way they bring new securities to market, trade on secondary markets, and value highly illiquid securities. Headquartered in Connecticut, with offices across the globe, SOLVE is the definitive source for market pricing in fixed-income markets.
