Trepp and LSEG business Yield Book announce CLO cashflow data partnership
Trepp, a leading provider of data, insights, and technology solutions announces that it is expanding its partnership with Yield Book, an LSEG Business which is a leading provider of fixed-income models, analytics, and data products, to deliver corporate CLO data on the Yield Book platform.
Yield Book clients will now be able to access Trepp’s CLO cash flow data directly on Yield Book’s fixed-income analytics and risk management software. The collaboration between the firms expands a long-standing relationship in which Trepp has delivered CMBS cash flow data via the Yield Book platform to clients.
“With the rapid evolution of the CLO market, we are proud to work with Trepp in addressing our clients’ urgent needs for robust risk analysis, trading insights and comprehensive reporting in CLOs,” said Emily Prince, CEO at Yield Book and Group Leader, Head of FI Analytics at LSEG.
Timing for this announcement dovetails with a shift in the CLO market. Recently, Trepp has reported that uncertainty in the market has hampered CLO sales, widened spreads, and contributed to loan-price volatility. With volatility across the credit and equity markets, CLO investors are seeking ways to better monitor their cash flows: the basis of their return on investment.
“This integration leverages the strengths of our two firms, who have built their reputations on trust: Trepp, recognized for its data solutions; and Yield Book, known for its multi-asset class platform,” said Annemarie DiCola, CEO at Trepp. “We are pleased to be both the CLO – and CMBS – data-provider for Yield Book clients globally,” DiCola said.