Intercontinental Exchange Partnership: What It Means for the Municipal Market

By January 12, 2020 February 27th, 2020 No Comments

risQ, Inc., a Boston headquartered start-up focused on best-in-class climate risk analytics, and Intercontinental Exchange (NYSE:ICE), a market leader in data services to the financial services sector, recently announced a partnership that will enable the municipal bond ecosystem to incorporate climate risk into project and investment decisions.

Combining cutting-edge climate science, catastrophe modeling and geospatial machine learning technology, risQ has developed a comprehensive analytics platform capable of analyzing climate risk for all obligors and issuers of municipal bonds, delivering financially quantitative output across the key climate perils. Critically, the analytics are agile across all maturities, obligors and boundaries, from the largest counties and school districts to the smallest utilities and development districts, and across the most complex hospital systems and transport authorities. For those active in the space, the unique capability risQ brings, combined with ICE’s securities data and market reach, delivers high quality, actionable data around climate risk for all municipal bonds functions and parties.