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