In 1992, the DPC DATA team set out to improve how the municipal bond market managed its paper documents. Indexing and linking documents to CUSIPs created efficiencies in how these documents were disseminated, stored and consumed.

You might say we were the first “green” company.

We developed a few simple tools, utilizing 1990s state-of-the-art technology, to organize and search those documents. The market took notice and our business began to grow, one CD ROM at a time.

By 1997, as a newly minted SEC-designated NRMSIR, we were tasked with finding a better way to organize and share hundreds of thousands of pages of documentation so market participants could more easily access information about the financial health of municipal securities issuers. The mountains of official statements, material event and continuing disclosure statements appearing on our doorstep each day didn’t daunt us. We rolled up our sleeves and built innovative technologies and databases to scan, digitize, store, access, search, and share Terabytes of critical market documents.

Our reputation as a well-respected repository for the municipal bond market grew. As the need for NRMSIRs evolved to the all-electronic, centralized EMMA platform, we maintained our finger on the pulse of regulatory requirements for market transparency.

Responding to the challenges of the Pandemic, we launched COVID Disclosure Flags for MuniPOINTS in July 2020. This feature offered an alternative to MSRB’s automated text analysis and enabled users to identify and screen for COVID-19 related disclosures at the individual CUSIP level with accuracy and confidence.

Post-pandemic, we continue our client-centric approach to new product development. In July 2022, we officially launched MuniCREDIT Solutions to offer comprehensive and affordable municipal credit data to credit analysts and portfolio managers. This portfolio rapidly grew to include MuniCREDIT Online, MuniESG scores, MuniCREDIT Financials, and MuniCREDIT Mapping.