Liquidnet has entered into a partnership with bondIT, a provider of next-generation investment technology. The collaboration aims to integrate bondIT’s Scorable Credit Analytics into Liquidnet’s platform, providing traders with advanced tools to anticipate market trends, mitigate credit risk, and make well-informed investment decisions in a rapidly evolving financial landscape.
BondIT’s Scorable utilizes data science, Explainable AI (XA), and Machine Learning expertise to empower fixed-income investors. It enables them to anticipate changes in credit ratings and spreads, offering a valuable edge in identifying investment opportunities ahead of the market. Through this integration, Liquidnet’s 700+ fixed income Member firms, which already have access to the platform’s primary and secondary market trading protocols for corporate bonds, will now gain seamless access to Scorable’s insights directly within their Liquidnet applications.
Also, Nicholas Stephan, Global Head of Fixed Income Product and Partnership Programs at Liquidnet, expressed enthusiasm about enriching the platform with Scorable’s caliber of service. He stated, “Our goal is to give access to crucial information to investment firms of all sizes. Our Members will have seamless access to a wide range of credit data, giving them an extra edge ahead of making their trading decisions.”
Liquidnet and bondIT Partnership for Enhanced Fixed Income Trading
The collaboration comes at a time when investor demand for fixed income has surged, driven by the most attractive yields in more than a decade. However, concerns over credit risk in a challenging economic and geopolitical climate underline the importance of careful investor choices.
Dr. David Curtis, Head of Global Client Business at bondIT, emphasized the significance of technology in navigating the dynamic financial landscape. He said, “Bonds are back, but so is risk. Technology has become an ever more important ally in this dynamic financial landscape. The synergy between bondIT’s AI-driven Scorable Credit Analytics and Liquidnet’s platform empowers traders with actionable insights, enabling them to stay ahead in today’s volatile markets.”
Moreover, this collaboration represents just one of many planned additions as Liquidnet aims to advance its Liquidnet Credit offering beyond being just an execution system. The move aligns with the company’s commitment to providing innovative solutions that cater to the evolving needs of the financial industry in an era marked by increased market volatility and complexity.
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