How they describe themselves: MuniRisk was born out of the Fundamental Credit Advisory group at NewOak Capital as a tool to help automate investor reports. After exploring partnerships with data vendors, MuniRisk shifted its focus towards developing the first credit research platform to provide investors with complete municipal market coverage. Currently, the MuniRisk team consists of 7 full-time resources as well as additional support provided by the company’s strategic alliances. MuniRisk has recently been approached by several large investment managers interested in securing enterprise agreements and has been repeatedly endorsed by experts throughout the municipal market.
How they describe their product/innovation: MuniRisk was designed by municipal credit experts and market practitioners and is powered by both its own proprietary data as well as by Bloomberg’s expansive offerings. MuniRisk leverages all of this to provide comprehensive financial, economic, demographic, and operational coverage of the municipal universe, bringing unprecedented transparency to an increasingly credit-sensitive fixed-income market sector. MuniRisk is in a launched stage and is currently available via the Bloomberg Terminal.
Product distribution strategy: Through other fintech companies and platforms