Build America Mutual, a mutual insurer of United States municipal bonds, and Lumesis Inc., provider of regulatory compliance and data applications to the municipal market, announced an initiative to improve investors' access to municipal bond credit information.

The partners intend to make BAM's Obligor Disclosure Brief (ODB) credit summaries available to users of Lumesis' DIVER Advisor platform, the companies said. Investors, traders and other professionals use BAM's ODBs to review municipal credit quality; bond issuers, the public-sector entities that are BAM's members, would benefit from increased transparency, which can improve the liquidity of their insured and uninsured bonds, the companies said. BAM publishes an ODB for every issuer it insures and updates them annually; BAM has published more than 1,800 ODBs to date, the company said.

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