Peter M. Newman Joins DPC DATA as Vice President of Sales
Newman brings deep expertise in municipal bond industry to sales of advanced disclosure surveillance services
FORT LEE, N.J., April 14 /PRNewswire/ -- DPC DATA, a leading provider of municipal bond disclosure data, research and data services, today announced that Peter M. Newman has joined the firm as vice president of sales. A well-respected figure in the municipal bond industry, Newman brings more than 12 years of experience in the regulatory compliance and investment banking sectors.
"We welcome Pete as an outstanding addition to our team of industry experts," said Michael Ruvo, president of DPC DATA. "Pete's deep industry experience will help us reach new market segments with our growing line of 'disclosure-in-context' product offerings for dealers and the institutional buy side."
Newman's professional background includes founding and serving as CEO of Gotham Software, a financial technology firm specializing in workflow and compliance solutions for the municipal market, including DealTrack™ ECM software. After the firm was acquired by Ipreo LLC, he continued to manage DealTrack as it gained industry adoption, leading to its use on more than $60B of muni transactions on over 40,000 bond offerings, as well as managing the i-Prospectus and ProspectusDirect products for Ipreo. In previous positions, Newman was a bond analyst and broker.
"When it comes to data services for disclosure at the point-of-sale or risk management of existing muni bond portfolios, there is simply no other firm that can compete with DPC DATA. Their industry commitment over the last 15 years to build a dependable and deeply indexed disclosure archive is paying off now for them and the industry," said Newman. "As the economy continues to negatively impact the revenues of states and municipalities, and regulators tighten oversight of the muni market, accurate, historical disclosure data is the key to safe, ethical operations. I am delighted to be with DPC DATA to help get these important products out to the firms that truly need them."
About DPC DATA
DPC DATA Inc., founded in 1992, is the leading provider of disclosure-related data products and specialized data services to the municipal industry. Its customers include more than 600 financial institutions and information intermediaries. In addition to marketing its own portfolio of data products supporting securities market transparency, DPC DATA offers outsourced and offshore services in custom data management and software development. DPC DATA, a strategic partner of Standard & Poor's, is a privately held firm, headquartered in Fort Lee, NJ. For more information please visit www.DPCDATA.com.
MuniGUARD and MuniPOINTS are registered trademarks of DPC DATA Inc.
SOURCE DPC DATA
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