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August 2024

SOLVE Px: Predictive Pricing for the Municipal Bond Market

AI-Driven Predictive Pricing for Unmatched Accuracy and Comprehensive Coverage

Transform your approach to the Municipal bond market with SOLVE Px™, the industry-leading predictive pricing solution powered by advanced AI. Whether you’re on the Sell-side or Buy-side, SOLVE Px provides the precision, efficiency, and comprehensive coverage you need to stay ahead in a competitive market.

Key Benefits: 

Unparalleled Accuracy: Experience the confidence of executing trades and making investment decisions with a predictive pricing solution that boasts a median absolute yield error of only 5.7 bps. SOLVE Px is designed to minimize discrepancies between predicted and actual trade levels, ensuring you have the most reliable data at your fingertips.

Comprehensive Market Coverage: SOLVE Px covers over 900,000 Municipal Bonds, representing more than 99% of all live fixed coupon securities. No matter how frequently a bond is traded, SOLVE Px delivers accurate and actionable insights across the entire market. 

AI-Driven Strategic Insights: Harness the power of AI with SOLVE Px’s unique integration of SOLVE Quotes data, trade data, and hundreds of additional market factors. Our sophisticated models provide real-time pricing predictions that adapt dynamically to market conditions, giving you a strategic advantage in both trading and investment management.

How SOLVE Px Works: 

Proprietary Data Integration: SOLVE Px leverages SOLVE’s proprietary Quotes data—parsed in near real-time from thousands of structured and unstructured messages—combined with trade and reference data. This integration allows SOLVE Px to deliver predictions with unmatched accuracy, outperforming traditional pricing models. 

Real-Time Adaptability: Our predictive pricing model dynamically adjusts to market movements by analyzing correlations between bonds, ensuring that you’re always equipped with the most up-to-date and relevant pricing data. Whether you’re executing large institutional trades or managing a diverse portfolio, SOLVE Px adapts to meet your needs.

SOLVE Px Predictive Municipal Bond Pricing Metrics: 

  • Median Absolute Yield Error: 5.7 bps
  • Market Coverage: Over 900,000 Municipal Bonds, covering over 99% of live fixed coupon securities
  • Model Inputs: Hundreds of factors, including data from 20M proprietary SOLVE Quotes daily, and reference and trade data
  • Performance: Less than 1 cent bias in predictive pricing
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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.