Euroclear announced a collaboration with BondCliQ Inc, a credit market focused Data as a Service (DaaS) company, for the launch of a new European fixed income settlement data solution. The solution will make it easier for investors to make more informed decisions and manage their portfolios with greater precision and confidence.
Fixed income markets have grown significantly in recent years, and as global interest rates have risen, turbulence and volatility in these markets have increased. This new environment is driving demand for greater access to key fixed income data sets that help investors monitor market performance, liquidity conditions, and key trends.
Chris White, CEO of BondCliQ, said in a statement: “This is a transformative moment for fixed income markets and we are thrilled that Euroclear has selected BondCliQ as a solution provider and distribution partner. Until now, there has been a technology barrier to efficiently accessing and ultimately leveraging these data sets. With the BondCliQ infrastructure and technology solutions, the immeasurable potential of Euroclear’s fixed income settlement data can be realized for trading, risk management, trend analysis, and AI. There is no question that early adopters of this information will have a material competitive advantage.”
Philippe Laurensy, head of Group Strategy for Product Management and Innovation at Euroclear Group, said in a statement: “As part of our data strategy we see a growing need for better insights and more in depth analysis in the fixed income settlement space. The combination of BondCliQ’s leading edge credit market data solution with the breadth and scale of a Financial Market Infrastructure, will help improve liquidity and market execution, therefore providing a very appealing market proposition for clients.”