Acyclic Research is a network of experienced operators and quants who are Global South first. We provide authoritative analysis even in theatres where information is sparse.
Our edge is nuance from people on the ground. Our field correspondents live in, or know first-hand, the regions they cover, and pick up on stirring issues long before they surface online. We then test and extend what they find with advanced quantitative methods (though we go light on language modelsImpressive as they are, language models create knowledge constriction points which risk funnelling everyone into monophonic consensus.).
Behind our correspondents is a data team, at your disposal, that has spent over a decade finding, homogenising, and analysing ragged data from the Global South.
Investors, governments, non-profits, newsrooms, and multilateral development institutions can count on us for the full suite of data analysis and research services, for projects large and small.
Field-sourced Verified Attributed Accountable
Offerings
Local Currencies
We are specialists in local-currency bond and FX markets. Our Suprabonds suite covers relative value, issuance optimisation, and asset class advocacy.
Find out moreField Intelligence
Where faraway sources increasingly echo one another, we bring out-of-band signal. Our network tracks in-country social, political, and economic developments as they happen, and clients can tap into it at short notice.
Loan Pricing
When direct comparables are scarce, our experience and data let us infer tight price ranges, even for complex products in opaque jurisdictions and sectors.
Shadow Indicators
If official figures are late, revised, or missing, we build our own. Parallel exchange rates, nowcasts of inflation and activity, reconstructed fiscals, checked against what our correspondents see.
Custom Projects
Whether you need answers in days or a study over months, we scope the work around your question and staff it with the right people.
Road to Caracas
Interest in Venezuela is much greater than the available information. We are preparing for its opening, enlisting local correspondents to track debt restructuring, political and economic climate and regulations. We believe Venezuelans should share in the upside.
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