SOLVE | New Issue Monitor
Primary Meets Secondary - new issue deals for structured products now in SOLVE Quotes™
OVERVIEW
SOLVE | New Issue Monitor gives structured products clients a centralized view of new issue deals as they move from mandate through pricing. A customizable grid shows deal- and tranche-level detail, including price talk, book status and subscription levels.
It's built into SOLVE Quotes™, so new issue and secondary market pricing sit in one solution with no separate login.
Primary meets secondary. See what New Issue Monitor tracks today and where it is headed.
Benefits
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Complete Coverage of Deals in Market
Deals from mandate through pricing, with their tranches beneath them.
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Follow Levels Through Each Stage
A pricing trail for each tranche as it moves to pricing.
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Read Demand at a Glance
Book status and subscription levels by tranche, right in the grid.
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One Solution, One Login
Built into SOLVE Quotes, with secondary market pricing in the same place.
Who It Is For
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Portfolio Managers
See which deals are in market and how levels are moving, with time to form a view and plan allocations before orders are due.
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Analysts
Filter deals by asset class, collateral type and size, then check how comparable bonds are quoting in SOLVE Quotes.
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Buy-Side Traders
Know where levels and books stand before orders
are due. -
Sell-Side Sales and Trading
Answer client questions on deals in market, sector flows and where an issuer's bonds are pricing.
Features
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Deal and Tranche View
One row per deal, expanding to a row per tranche, with stage, size, tranche count, expected pricing date and last update.
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Pricing Trail
The Level column shows pricing as each tranche moves through each stage.
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Book Status and Subscription
Latest book status (Subject, Preplaced, Auction, Not Offered and more) and oversubscription multiple by tranche.
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Filters and Saved Views
Filter by stage, product group, asset class, collateral type, size and 144A-only. Keep up to three tabs with their own filters and columns, saved for your next login.
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Pricing Date History
A 7-day default view, with up to 60 days of history.
What Is Next
Planned enhancements connect primary and secondary further:
- A new issue flag on secondary securities from the same shelf or issuer
- Related secondary securities and their quotes, one click from a new tranche
- Deals and tranches side by side, with where comparable deals priced