Liquidnet and bondIT announced a partnership to integrate bondIT’s Scorable Credit Analytics into Liquidnet’s Fixed Income electronic trading platform. The aim is for traders to anticipate market trends, mitigate credit risk and make informed investment decisions faster.
Leveraging data science, explainable AI (XA) and machine learning expertise, bondIT’s Scorable enables fixed income investors to anticipate changes in credit ratings and spreads, and identify investment opportunities ahead of the market. With this integration, the 700+ fixed income Member firms who currently have access to Liquidnet’s primary and secondary market trading protocols for corporate bonds, will gain access to valuable insights and a more informed view on credit markets directly within their Liquidnet application.
Nicholas Stephan, global head of Fixed Income Product and Partnership Programs at Liquidnet, said in a statement: “With this integration, 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.”
Amidst the most attractive yields in more than a decade, investor demand for fixed income has surged notably in recent months. However, rising concerns over credit risk in a challenging economic and geopolitical climate emphasizes the need for careful investor choices.
David Curtis, head of Global Client Business at bondIT, said in a statement: “Bonds are back, but so is risk. Technology becomes 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.”