DPC DATA and FTLabs launch MuniREF municipal bond reference data product

DPC DATA and Financial Technology Laboratories said Nov. 3 they have launched MuniREF, a municipal bond reference data product built to turn disclosure documents into structured data for security master systems. The product is aimed at institutional firms, fintech companies and regtech startups looking for a lower-cost source with flexible delivery options.

Why it matters: - Municipal bond reference data is often difficult and expensive to collect, clean and deliver in a usable format. - MuniREF is designed to give firms a structured alternative for security master databases, downstream systems and workflow-specific use cases. - The product is pitched as a cost-efficient option for firms comparing current providers, second-source feeds or new data applications.

What happened: - DPC DATA and Financial Technology Laboratories announced MuniREF on Nov. 3, 2026. - The product was developed through the two companies’ partnership. - The launch came ahead of the Bond Market Association’s National Fixed Income Conference, set for Nov. 5-6 in Nashville. - DPC DATA and FTLabs plan to showcase MuniREF at the conference.

The details: - MuniREF combines DPC DATA’s municipal market expertise with FTLabs’ DataLattice.ai document intelligence technology. - The product structures municipal bond terms, schedules, identifiers and disclosure events for security master databases. - DPC DATA brings its municipal disclosure library, data specialists and market relationships to the product. - MuniREF’s data model covers issuer and security relationships, interest schedules, call provisions, sinking funds, tax features and other municipal structures. - The product is available for evaluation as a replacement for an existing provider, an independent second source or a data source for new applications. - MuniREF supports REST APIs and FTP file delivery at launch. - The REST API returns JSON responses, allows users to request selected fields and includes OpenAPI 3.x documentation. - DPC DATA works with prospective users on required formats, update schedules, controls and implementation needs. - Firms can compare data quality, delivery and total cost against their current source. - Users can request an evaluation, representative data sample or demonstration at sales@dpcdata.com. - For more information on DPC DATA, visit the company website. - For more information on FTLabs, visit the company website.

Between the lines: - DPC DATA is pairing human review with automation to address a market problem where raw municipal disclosure data can be buried in complex documents. - Barry Rucker, president of FTLabs, said DataLattice.ai adds traceability to original sources while turning complex financial documents into machine-readable data. - Ken Hoffman, president of DPC DATA, said MuniREF is intended to deliver traditional reference-data coverage and quality with flexible delivery options. - The positioning suggests both companies want MuniREF to compete on cost, workflow fit and data traceability rather than only on raw coverage.

What's next: - Prospective users can begin evaluating MuniREF now. - DPC DATA and FTLabs will use the Nashville conference to court potential customers and showcase the product. - The companies say the same technology could have applications beyond municipal markets and into other document-intensive financial sectors.

The bottom line: - MuniREF is a new municipal bond reference data product that blends AI document processing with human municipal-market review to make complex bond data easier to source and use.