What Solve does

SOLVE is a market data, analytics, and workflow platform purpose-built for fixed income securities. It aggregates approximately 30M+ daily dealer quote messages from street traffic and, via a proprietary AI/NLP parsing engine, transforms those unstructured emails into normalized, comparable quote data spanning corporate bonds, municipal bonds, syndicated loans, structured products (including agency/non-agency CMOs, CMBS, ABS, SBA pools), BDCs and private credit, CDS, and convertible bonds. On top of that data layer, SOLVE Px delivers machine-learning predictive trade pricing with sub-3 basis points mean absolute error across 250,000+ corporate bonds and 900,000+ municipal bonds, augmented by a 1-10 Confidence Score, augmented quote data, and cohort-based relative value analysis. SOLVE also offers primary-market tooling (Debt Analysis, New Issue Pricing, Scale Viewer/Writer, Banking Workstation), secondary-market tools (Municipal Bond Ticker, Secondary Market Pricing), private credit coverage (BDC Workstation), and regulatory compliance modules (15c2-12 Analysis, MSRB G-47 Time of Trade Disclosure, G-18 best-execution support). Data is delivered via web workstation, APIs, Excel Add-In, FIX, and FTP.

SOLVE serves institutional buy-side (asset managers, BDCs/direct lenders, trading and portfolio management, valuation and pricing teams, wealth management), sell-side (banking teams, sales & trading, underwriting, compliance), and service providers (municipal advisors). The company operates an enterprise, demo-gated direct sales motion with quote-based pricing and annual subscriptions, anchored by integrations with Charles River, Flextrade, Investortools, Intex, Moody's, KBRA, and Octus. The platform is accessed through multiple specialized client portals (SolveQuotes, AdvantageData, the DIVER suite, and SOLVE MBS Source), reflecting an evolving product portfolio that combines organic development with acquisitions — most notably the October 2025 acquisition of MBS Source, which added 18 years of structured-product history and 200+ dealer relationships.

Founded in 2011 and headquartered in the New York area, SOLVE is a private US firm with 101-250 employees. Revenue, ownership, and funding history are not publicly disclosed. The company's strategic direction is characterized by deep AI-led pricing specialization, horizontal multi-asset coverage, and a growing wedge into regulatory-compliant workflow tooling for the municipal bond market.

Name

Solve

Legal name

SOLVE

Website

https://solvefixedincome.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

SOLVE is a fixed income data, analytics, and workflow platform that uses proprietary AI/NLP to parse dealer quote traffic and deliver predictive pricing, pre-trade transparency, relative value analysis, and regulatory compliance tooling to institutional buy-side, sell-side, and municipal advisor clients across corporate, municipal, loan, structured, BDC, and CDS markets.

Ownership category

akta.pro rank

Product category

Fixed Income Market Data & Analytics

NAICS

Computer Systems Design and Related Services (54151), Activities Related to Credit Intermediation (5223), Securities and Commodity Exchanges (523210)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372)

akta.pro primary industry

Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB)

akta.pro secondary industries

Transaction Reporting (MiFID/EMIR/SFTR/SEC) Solutions (FSAFAOAB), Best Execution & TCA Compliance (FSAFAOAL)

Keywords

• Fixed income data
• Predictive pricing analytics
• Municipal bond pricing
• Corporate bond analytics
• Market data platform

Headquarters

HQ city

Rockville Centre

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Fixed Income Data & Analytics Subscription: SaaS-based data and analytics platform providing access to SOLVE Quotes, SOLVE Px predictive pricing, relative value analysis, and market coverage across corporate bonds, municipal bonds, syndicated loans, structured products, BDCs, CDS, and convertible bonds. Delivered via web platform, API, Excel Add-In, FIX, and FTP. Enterprise subscription model with annual billing implied by demo/gated access model.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

SOLVE is a fixed income market data and analytics platform that aggregates 30M+ daily dealer quote messages via a proprietary AI/NLP parsing engine (SOLVE Quotes) and delivers AI-powered predictive trade pricing (SOLVE Px) across corporate bonds, municipal bonds, syndicated loans, structured products, BDCs, CDS, and convertibles. The platform serves buy-side, sell-side, and service-provider institutions in financial services with subscription access via web, API, Excel Add-In, FIX, and FTP.

Product overview

SOLVE is a fixed income data, analytics, and workflow platform organized around two core platforms — SOLVE Quotes (pre-trade quote aggregation) and SOLVE Px (AI predictive trade pricing) — complemented by a suite of market-specific modules and tools. SOLVE Quotes aggregates 30M+ daily quotes from dealer messages across all major fixed income asset classes (corporate bonds, municipal bonds, syndicated loans, structured products, CDS, convertible bonds, indices), parsing them into structured data via a proprietary NLP engine. SOLVE Px delivers AI-powered predictive trade pricing for 250,000+ corporate bonds and 900,000+ municipal bonds using machine learning models trained on 300+ features, with Confidence Scores on a 1-10 scale. The SOLVE Relative Value Analysis solution extends Px and Quotes into cohort-based relative value comparisons (Bond vs. Bond, Bond vs. Cohort, Cohort vs. Cohort). The product portfolio also includes primary market tools (Debt Analysis, New Issue Pricing, Scale Viewer, Scale Writer, Workstation | Banking Data), secondary market tools (Municipal Bond Ticker, Secondary Market Pricing), private credit solutions (Workstation | BDC Data), regulatory compliance solutions (15c2-12 Analysis, Time of Trade Disclosure), an acquired MBS/structured products brand (MBS Source), a Developer Portal for API access, and a Monthly Live Look demo program. Data is delivered via API, Excel Add-In, FIX, and FTP.

Differentiator

Problem solved

Functional benefit

Brands

• SOLVE Quotes: Pre-trade transparency platform aggregating and parsing daily quotes from street messages into structured, searchable market data
• SOLVE Px
• SOLVE Relative Value Analysis
• SOLVE | MBS Source
• SOLVE Ticker
• DIVER

Products and services

• SOLVE Quotes Real-time pre-trade market data platform that aggregates 30M+ daily quotes from dealer/street messages across corporate bonds, municipal bonds, syndicated loans, structured products, CDS, and convertibles, parsing them into structured, searchable data via a proprietary NLP engine. Sold to buy-side and sell-side institutions.
• SOLVE Px | Corporate Bonds AI-powered predictive trade pricing solution for 250,000+ corporate bonds (investment grade and high yield), delivering real-time bid, mid, and offer levels calibrated for trade size, direction, and liquidity with a 1-10 Confidence Score. Built on machine learning models trained on 300+ market features with sub-3 bps mean absolute error.
• SOLVE Px | Municipal Bonds AI-driven predictive pricing for 900,000+ municipal bonds (~99% of the live fixed-coupon municipal market), providing confidence-scored trade-level estimates with mean absolute error below 3 basis points and 34% greater accuracy than traditional pricing approaches. Delivered via API, Excel Add-In, and feeds.
• SOLVE Relative Value Analysis Real-time cohort-based relative value analysis framework for fixed income, enabling Bond vs. Bond, Bond vs. Cohort, and Cohort vs. Cohort comparisons powered by SOLVE Px predictive pricing and SOLVE Quotes live market data, with LLM-based natural-language cohort creation.
• SOLVE | MBS Source Acquired data and trading platform providing coverage of the mortgage- and asset-backed securities market (agency and non-agency CMOs, specified pools, CMBS, ABS, SBA pools, CDO/CLOs), aggregating real-time email streams from 200+ dealer relationships with 18 years of historical pricing data covering 150M+ records.
• SOLVE Developer Portal Self-service API platform providing centralized access to SOLVE Px APIs for predictive and historical fixed income data, with full schema documentation, sample calls, customizable endpoints for Bid/Mid/Offer prices, yields, and spreads, and real-time predictive pricing on demand. Designed for software developers, quantitative analysts, and data scientists.

Quantifiable outcome

• 34% greater pricing accuracy for municipal bonds compared to traditional pricing approaches
• +3 more outcomes

Named customers1 record

Segments10 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability5 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core.

• Charles River DevelopmentcoreTechnology or IntegrationSOLVE integrates its fixed income data (Quotes, Px, relative value) with Charles River Development's portfolio management and trading platform, enabling joint clients to access SOLVE's pre-trade transparency and predictive pricing within their existing Charles River workflows.
• IntexcoreTechnology or IntegrationIntex, a provider of structured finance data and analytics (notably for agency MBS and CMBS), is featured as an integration partner on SOLVE's MBS Source solution page, suggesting data or analytical interoperability between the platforms.
• InvestortoolscoreTechnology or IntegrationInvestortools, a municipal technology platform for underwriting and portfolio management, is listed as an integration partner on multiple SOLVE pages, enabling joint users to access SOLVE's municipal pricing and analytics within Investortools workflows.
• Moody'scoreTechnology or IntegrationMoody's is featured as an integration partner on SOLVE's solutions pages, with the partnership enabling joint clients to combine SOLVE's pre-trade pricing data with Moody's credit ratings and risk analytics.
• OctuscoreTechnology or IntegrationOctus, a market data and analytics provider, is listed as an integration partner, suggesting interoperability between Octus's market data offerings and SOLVE's fixed income pricing and analytics platform.
• KBRA (Kroll Bond Rating Agency)coreTechnology or IntegrationKBRA is listed as an integration partner on SOLVE's Relative Value Analysis solution page, enabling joint clients to combine SOLVE's relative value analytics with KBRA's credit ratings data within their fixed income workflows.
• Flextrade SystemscoreTechnology or IntegrationFlextrade Systems, an order management system (OMS) provider, is listed as an integration partner on SOLVE's Relative Value Analysis solution page, enabling seamless connectivity between SOLVE's analytics and Flextrade's execution management workflows.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Bloomberg L.P. Bloomberg Terminal and BVAL pricing service are dominant incumbents in fixed income data and analytics; a much broader financial data platform that competes with SOLVE for institutional budget.
• LSEG (Refinitiv): Provides fixed income pricing, reference data, and analytics as part of a broad financial data franchise; competes with SOLVE for pricing and analytics spend at banks and asset managers.
• Intercontinental Exchange (ICE) Data Services: ICE's fixed income data and pricing services (including PricingDirect) provide evaluative pricing and reference data across global credit markets, competing with SOLVE Px at the institutional tier.
• S&P Global Market Intelligence: Delivers fixed income data, pricing, and analytics including evaluations and reference data across credit markets, overlapping with SOLVE's coverage of corporate, municipal, and structured product pricing.

Direct peers

• MarketAxess: Electronic trading platform for fixed income, especially corporate bonds, that competes with SOLVE by combining execution venue access with pricing, data, and analytics for institutional buy- and sell-side clients.
• Intex: Cashflow engine and structured finance data provider for agency MBS, CMBS, ABS, and CLOs; overlaps with SOLVE MBS Source on structured product coverage and is also an integration partner.
• Tradeweb Markets: Operates electronic marketplaces for fixed income, derivatives, and ETFs, with integrated pre-trade pricing and analytics functions that overlap with SOLVE Quotes and SOLVE Px.
• Octus (formerly Reorg): Credit market data, intelligence, and analytics provider for leveraged finance, distressed, and private credit — overlapping with SOLVE's BDC/private credit and corporate bond coverage while also being a listed integration partner.

Others

• Municipal Securities Rulemaking Board (MSRB): Regulatory body publishing the underlying municipal trade data that SOLVE Ticker and Secondary Market Pricing normalize and enrich; sets the data substrate SOLVE builds municipal analytics on top of.

Emerging players

• 9fin: Emerging data and analytics platform for leveraged finance and private credit, addressing similar institutional pain points around bond and loan price discovery that SOLVE targets with its BDC and syndicated loan coverage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SOLVEfixdincome
• Facebookfacebook.com/SOLVEfixedincome
• LinkedInlinkedin.com/company/solve-fixed-income

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solve