Euroclear and BondCliQ launch fixed income settlement data product
Latest news
Euroclear and BondCliQ launch fixed income settlement data product 15 May 2023Belgium Reporter: Lucy Carter
Image: Dmitry/stock.adobe.com
Euroclear has partnered with data-as-a-service company BondCliQ to offer a new fixed income settlement data solution.
The tool provides access to refined fixed income settlement data via customised dashboards, intending to facilitate more precise portfolio management and allow users to make more informed and confident decisions.
The launch follows recent volatility in growing fixed income markets, with market participants requiring data sets that help them to monitor market performance, liquidity conditions and key trends.
Chris White, CEO of BondCliQ, says: “This is a transformative moment for fixed income markets. 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 potential of Euroclear’s fixed income settlement data can be realised for trading, risk management, trend analysis, and AI. Early adopters of this information will have a material competitive advantage.”
Phillipe Laurensy, head of group strategy for product management and innovation at Euroclear Group, comments: “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 credit market data solution with the breadth and scale of a financial market infrastructure will help improve liquidity and market execution.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times