Lumesis Adds Key Quantitative Metrics to its Pricing & Scales Platform

Published On: May 13th, 2022 | Categories: |
Lumesis Adds Key Quantitative Metrics to its Pricing & Scales Platform


Stamford, Connecticut

Lumesis, home of the DIVER suite of muni-focused business and regulatory solutions, announced key enhancements to its Pricing and Scales platform. “As adoption of the platform continues, our clients and prospects continue to be great partners, letting us know what more they want to enhance their utility of the platform and efficiency to their organization,” said Gregg Bienstock, CEO of Lumesis.

The DIVER Pricing and Scales platform now includes a new module in the scale building tool that displays critical quantitative metrics used by Underwriters, Bankers, Analysts, and Municipal Advisors, including measures associated with issuance proceeds and yield statistics. “The market has asked us to enrich our quantitative analytics and to take our scale writing platform to the next level. As a result, we have added several financial measures associated with overall financing, including Gross Production, Bond Proceeds, Purchase Price, Average Coupon, Net Interest Cost (NIC), True Interest Cost (TIC), All-in TIC, and Total Debt Service,” said Tim Stevens, Lumesis’ President.

In addition, Lumesis has also incorporated takedown and concession at the individual maturity level along with other costs associated with issuance. Finally, Lumesis has refined the maturity structure capabilities to handle all cash flows associated with Term bonds.

“With these enhancements, every deal-specific scale built using the DIVER Pricing and Scales platform will automatically calculate important quantitative metrics critical to market professionals, whether bidding a competitive deal, pricing a negotiated transaction, or proposing a potential financing to an issuer client. We continue to deliver efficiencies using rich, data-driven quantitative analytics,” said Tim Stevens.

“As the muni market continues its adoption of technology to make manual and time-consuming processes a thing of the past, we continue to be committed to providing market participants the technical resources and data so they can best lever their critical human resources and generate efficiencies,” said Gregg Bienstock, Lumesis’ CEO.

Lumesis, Inc.
Iro Kalemi
646-344-9664 | 203-276-6500
600 Summer St., 5th floor Stamford, CT 06901,