Delivering decisive research on global bond markets for global clients
Investment Banks
Investment Banks
Asset Managers
Asset Managers
Private Credit
Private Credit
Commercial Banks
Commercial Banks
Macroeconomic Research
Macroeconomic Research
Why Fixed Income & Credit ResearchIs Important?
As a trusted outsourcing partner for knowledge processes and services, SG Analytics’ Fixed Income and Credit Research services offer bespoke research and analytics solutions in the investment research process to its clients across the globe. Through our unique blend of domain expertise and service-driven culture, we aim to help our clients improve the quality of investment decisions through a robust, fundamental, and thorough research process. We deliver insights on various fixed income products across various rating categories, industry and thematic reports, and macroeconomic insights. We also offer compliance support and assist in formulating cross-asset investment strategies.
Why SGA
What We Do
Investment Banks
- Fixed income and credit research services that facilitate the cash flow modeling for investment-grade, high-yield, and distressed debt, which include setting up projections, capital structure, covenant, recovery, waterfall, asset valuation, and scenario and sensitivity analysis
- Rating model, leveraged buyout, and relative bond valuation
- Credit report/memo with and without trading recommendation
- HY bond comps, charting, and presentation support
- Monitoring coverage through earnings review
- Credit strategy and thematic reports
- Daily news monitoring and periodicals
- Issuer-paid research to enhance visibility in the investor and analyst circle
Asset Managers
- Developing screeners to generate trade ideas
- Cash flow modeling for investment grade, high-yield, and distressed debt
- Preparing credit notes including ESG and relative value analysis to arrive at recommendation
- Active management of investment portfolio through regular monitoring of earnings and events including new issue notes
- Morning credit briefing and supporting in monthly CIO newsletter and strategy
- Structured finance for CLO, CDO, ABS, and synthetics
Private Credit
We evaluate private creditworthiness, support due diligence, and provide technical inputs to facilitate better investment decisions across fixed income products, such as direct lending, structured debt instruments, privately placed bonds, and distressed debt.
- Target screening for middle market, owner-operated, and PE-backed firms
- Financial spreading of unstructured data into structured form with standard adjustments for one-off line items to determine key credit ratios, variance analysis, capital structure, covenant testing, etc.
- Monitoring operating performance
- Writing credit memo/due diligence report, which includes a detailed business and financial profile, industry risk, and mitigants
- Management profiling and management compensation analysis
- Industry sizing and reports for niche markets, e.g. biotech, fintech, and start-up companies
Commercial Banks
- Origination and underwriting support
- Financial spreading, collateral assessment, and writing credit memo and surveillance notes
- Determining qualitative rating criteria for leveraged and asset-based loans
- Counter party credit reviews/assessments of municipals, banks, brokers/dealers, and corporates
- Covenant monitoring and testing, and repayment ability analysis
Macroeconomic Research
Our qualitative and quantitative macroeconomic research offerings facilitate cross-asset allocation strategy and are consumed by wealth managers, investment bankers, brokerages, banks, and others.
- Preparing daily macro and credit markets outlook
- Drafting monthly/quarterly/semi-annual/annual economic periodicals, including the outlook on equities, fixed income, FX, and commodities
- Sovereign analysis, rates analysis, thematic reports, and geopolitical insights
- Econometric modeling with stress testing and scenario analysis
