AG Analytics to develop the “Fintech platform”

by James · February 25, 2023

Assured Guaranty Ltd. has established a new indirect subsidiary, AG Analytics, which is “developing a new municipal fintech platform.”

A spokesperson said: “To provide wider, more comprehensive and practical access to municipal credit and portfolio management analysis for the municipal market, Assured Guaranty Ltd. [together with its subsidiaries, Assured Guaranty] has established a new indirect subsidiary, AG Analytics, which develops a new municipal fintech platform for asset management companies, banks, insurance companies and municipal advisers. The AG Analytics platform plans to provide best-in-class technology and turnkey solutions to replace fragmented data resources currently used by municipal asset managers, analysts and other market participants.”

“As the leading municipal bond insurer, Assured Guaranty has the municipal research experience and extensive market relationships to help AG Analytics develop and market a research platform designed to set the industry standard for data access and analytical power,” said Dominic Frederico, President and CEO. of secured guarantee.

Justin Land will lead this effort as CEO of AG Analytics.

“We have known and worked with Justin for years and are delighted that he has brought his deep knowledge of public finance and research technology to drive the development of an integrated fintech solution for the municipal bond market,” said Robert Bailenson, CFO of Garantert warranty.

The spokesperson said: “The AG Analytics platform will include a dynamic data-driven tool that analyzes debtor-level risk and resilience for the public finance industry, which Assured Guaranty will use to evaluate potential risks for obligors in its insured portfolio. In addition to making this tool available to others in the market, AG Analytics will continue to develop its platform to include a wide range of fintech tools to streamline data-intensive analytics for municipal professionals.”

“Municipal analysts have struggled for too long to arrive at critical insights by adapting technologies intended to meet the needs of their counterparts in the equity and corporate fixed income markets. Even the best asset managers often have to juggle multiple systems and data sources for credit research, trading data and portfolio management. They deserve better tools,” Mr. Land said.

“AG Analytics is laser-focused on the needs of municipal asset managers, and we develop our products in consultation with our potential clients to offer a one-stop platform built specifically for their needs. In this effort, AG Analytics could have no better parent than Assured Guaranty, whose knowledge of municipal credit and risk analysis is second to none.”

The spokesman said: “Mr. Land has over 25 years of municipal market experience in credit research, trading and portfolio management, primarily with Wasmer, Schroeder and Company, LLC [Wasmer], where he became president. In that role, he worked closely with Assured Guaranty, which was both an investor in and a customer of Wasmer. After the Wasmer business was acquired by Charles Schwab and Company [Schwab] in 2020 Mr. Land was Schwab’s Managing Director of Specialty Wealth Solutions until joining Assured Guaranty in 2022 as Managing Director, Municipal Analytics to develop AG Analytics.”