SUMMARY DESCRIPTION

• Fixed income data is difficult to search, filter and analyse
• 9fin monitors data resources in real time; uses AI/ML to extract and standardise metrics from documents and then seamlessly integrates the information into daily workflows, with tailored alerts
• Technology can be applied to any financial document in the world
• Insights particularly valuable in private markets (private credit, high yield) where data is hard to assemble and standardise 

OPPORTUNITY/INVESTMENT THESIS

• Despite broad range of primary information available on bond markets (Bloomberg, IHS Markit, etc.), information supporting private markets (especially secondary) such as high yield and credit is often opaque
• Opportunity to add value in move from human capital intensive outsource approaches to AI assisted automation
• Value of faster, more accurate workflow integrated insights is far higher to the trader than the cost of the service (and likely to be cheaper than manual outsourced alternative)
• High yield provides significant sized ‘landing’ target market, with private credit market many times bigger to evolve towards
• Data and insights once honed are globally transferrable