Providing clients in the US with decisive research on global bond markets
Investment Banks
Investment Banks
Asset Managers
Asset Managers
Private Credit
Private Credit
Commercial Banks
Commercial Banks
Macroeconomic Research
Macroeconomic Research
ConfidentDecision-Making WithFixed Income &Credit Research
SG Analytics, being one of the most preferred partners for knowledge processes and services, provides fixed income and credit research services that offer bespoke research and contextual analytics solutions across the investment research process. Our service-driven culture and domain expertise enable us to provide comprehensive, fundamental, and robust research to our clients in the US, helping them take more informed, data-driven decisions. While specializing in delivering valuable insights on diverse fixed income products across several rating categories, macroeconomic insights, and industry and thematic reports, we also help formulate cross-asset investment strategies and provide compliance-related support.
Why SGA
What We Do
Investment Banks
- Prepare financial projections, covenant trackers, capital structure, waterfall analysis, recovery analysis, scenario and sensitivity analysis, and valuation as a part of cash flow modeling for high-yield, investment grade, and distressed debt
- Relative bond valuation in addition to leveraged buyout and rating model
- Provide credit report/memos based on trading recommendations
- Provide support across charting & presentation and HY bond comps
- Prepare earnings review to monitor coverage, prepare marketing periodicals, and daily/weekly/monthly newsletters
- Prepare white-labeled thematic reports and credit strategy reports in client-style branding and formatting guidelines
Asset Managers
- Generate trade ideas by developing customized screeners to reflect client’s preferred investment criteria, e.g. valuation, ESG scores, leverage, etc.
- Provide cash flow modeling for high-yield, investment-grade, and distressed debt instruments
- Recommend actionable investment ideas through credit notes, which include relative value analysis
- Consistently monitor events including new issue notes and earnings to actively manage the investment portfolio
- Support in strategy and monthly CIO newsletter with morning credit briefing
- In-depth analysis and structured reports for CLO, CDO, ABS, and synthetics
Private Credit
We are experts in evaluating private creditworthiness, supporting due diligence, and providing technical inputs to facilitate better investment decisions across fixed income products such as direct lending, structured debt instruments, privately placed bonds, and distressed debts.
- Screening of target for PE-backed, middle-market, and owner-operated firms
- Financial spreading of unstructured data into structured form with adjustments to determine key credit ratios, variance analysis, capital structure, covenant testing, etc.
- Monitoring performance of operations of the portfolio companies and prepare performance dashboards along with attribution analysis
- Producing credit memo/due diligence report having extensive content on financial and business profile, industry performance, risk factors, and mitigants
- Compensation analysis and profiling of the management
- Industry sizing and research reports for start-ups and companies in niche markets such as biotech, fintech, etc.
Commercial Banks
- Support in underwriting and origination
- Writing surveillance notes and credit memo, collateral assessment, and financial spreading
- Helping leveraged and asset-based loans to determine qualitative rating criteria
- Assessments or counter party credit reviews of corporates, brokers/dealers, banks, and municipals
- Repayment ability analysis and covenant monitoring & testing
Macroeconomic Research
We provide cross-asset allocation strategies to wealth managers, investment bankers, brokerages, and banks, facilitated by our qualitative and quantitative macroeconomic research offerings.
- Creating credit markets and macro outlook on a daily/weekly/monthly/quarterly basis
- Preparing periodicals on a monthly/quarterly/semi-annual/annual economic basis, which includes equities, fixed income, FX, and commodities outlook
- Providing geopolitical insights, rates analysis, sovereign analysis, and thematic reports through comprehensive research
- Scenario analysis and stress testing for econometric modeling
