Overview
Street Diligence simplifies your workflow by letting you compare deals, documents, and portfolios on a single page. This feature saves time and effort, helping you quickly identify discrepancies and gain valuable insights. Its layout mirrors the Term Analysis feature found on the Deal and Document Pages, but with Compare Metrics, you can analyze multiple documents simultaneously, all in one place.
How to access
There are several ways to land in the compare view:
Deal Manager: In the Deal List, select the boxes next to the deal name and click on Compare Metric at the top of the page. All the documents in the selected deals will be added to the Compare Metrics view, providing a holistic comparison. You can also compare individual documents from the Deal Main Page.
Portfolios: To compare entire portfolios, navigate to the Portfolio List Page, select the portfolios you want to analyze, and click Compare Metrics. On the Portfolio Main page, you can select deals and/or documents to compare. Check the boxes next to the items you want to include, then click Compare Metrics.
Documents: In the Document List, select the checkboxes next to the documents you want to compare. Click Compare Metrics to view them side-by-side.
How to Navigate the Page
Once in Compare Metrics, use the buttons at the top of the page to switch between two views: List View and Column View.
List View: This view displays the term analysis in a cascading structure, starting with the instrument type, followed by the concept group, and then concepts. The column " Context" displays where the values originate from.
Column View: This view presents agreements in columns, allowing values to be compared side by side.
The Compare feature defaults to show you the full width of the analysis. To view the contract in addition to the analysis, select the toggle options.
Click the arrows next to each sector to collapse its contents, simplifying your view and letting you focus on what matters most. Each view offers the same tools and navigation features as the Term Analysis, ensuring consistency. To open the Enhanced View, click any value to trace where its language appears in the contract
Key Features and Actions
1. Line Spacing
Use the buttons in the top-right corner to adjust the line spacing of the Contract, either to Compact, Normal, or Comfort, based on your preference.
2. Actions Icon
Click on Actions in the top right corner of the screen to add more agreements or deals to the comparison.
Add an entire portfolio or select specific documents from the portfolio using checkboxes.
Save comparison to an existing portfolio or create a new one.
3. Exporting to Excel
Use the Export button to export Comparison data to Excel.
4. Remove Agreement
Click on Remove Agreement to select one or more documents to exclude from comparison.
5. Toggle bar
Use the toggle bar to alternate between contracts when not in Fullscreen.
Filters and Data Columns
You can apply filters to refine your analysis using the Filters button. Filters can be applied at different levels, such as:
Concept to Document
Scores
Concept Amended
Concept Found and Not Found
Prevalence
Favorability
Filters allow you to easily find concepts and narrow down the amount of information presented on the screen.
Prevalence and Favorability
The prevalence and favorability are available in the expanded view on the right-hand side of the screen.
Prevalence shows how often this term appears in documents of the same type. For example, out of all credit agreements x% have this term.
Favorability is measured as a percentile. For example, a term with a 97th percentile indicates that only 3% of the data is more favorable to the lender. Hover over the favorability value to access form tours, which provide a detailed breakdown to help you better understand the data.
Scores
Term scores are available on the compare metrics to help you understand if individual data points are more borrow or lender friendly. Combined, they make up the agreement score.