Transparent Value LLC (“Transparent Value”) was established in 2003 with a dedicated
vision: the pursuit of delivering sustainable investment returns across global equity
markets by introducing a new way to measure the equity value of publicly traded
Utilizing patent-pending processes and innovative technology, the Transparent Value
investment methodology aims to provide investors with risk-adjusted returns by fusing
the insights of fundamental analysis with the transparency of a disciplined, rules-based
stock selection and portfolio construction process.
Transparent Value calculates the Required Business Performance®
probabilities used in the Transparent Value IndexesSM
and licenses the RBP® probabilities
exclusively to Transparent Value IndexesSM
for the construction of domestic and global indexes.
Since 2003, Transparent Value has grown into a financial services firm with subsidiaries,
including Transparent Value Advisors LLC (“TVA”), a U.S. registered adviser and
Transparent Value Pvt., Ltd., its Indian knowledge center.
In May 2009, Guggenheim Partners LLC (“Guggenheim Partners”) acquired a controlling
interest in Transparent Value and its subsidiaries. Guggenheim Partners is a globally
diversified financial services firm with wealth management, capital markets, investment
management, and proprietary investing businesses. Their client base includes an
elite mix of individuals, family offices, endowments, foundations, insurance companies,
pension plans, and other institutions that together have entrusted the firm with
supervision of more than $100 billion in assets.
At the core of our tools and services is the RBP®
methodology, as shown below:
The Transparent Value decision support tool is an interactive database which consists
of RBP values and RBP probabilities for thousands of global stocks. This toolset
is known as the RBP Analysis Platform (“RAP”), which is managed by a team of MBA
accredited analysts. The RAP system is accessible 24 hours a day, seven days a week
through the Transparent Value RBP Analysis Platform website.
The RBP® values and RBP®
probabilities featured in the RAP system are updated daily to reflect changes in
a company’s stock price and quarterly to reflect changes in their published financial