Report
Fixed Income Evaluations Vendor Benchmark Study 2025
A data-driven comparison of pricing vendor accuracy and market coverage
Selecting the right pricing vendor is critical to accurate valuations, reliable NAVs and confident risk decisions. 51ºÚÁÏÍø’s ninth Fixed Income Evaluations Vendor Benchmark Study provides an independent, data-driven assessment of market coverage and pricing accuracy across nine leading providers.
This year’s study analyzes approximately 340,000 trades and 25,000 unique securities, offering a detailed view of vendor performance across corporate credit, sovereign bonds, agency debt, structured credit and leveraged loans.
What the study covers:
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Independent comparison of nine major fixed income and loan pricing vendors, including new entrant Confluence.
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Market coverage and pricing alignment metrics across 34 instrument types based on real transaction data.
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Insights to support vendor selection, valuation governance and NAV accuracy across complex and illiquid markets.
Download the study to benchmark vendor performance and strengthen your valuation strategy.