MarketAxess extends BlackRock partnership
09 September 2024 US
Image: Andrii/stock.adobe.com
MarketAxess and BlackRock have expanded their partnership to integrate Market Access’ credit trading protocols into BlackRock’s Aladdin order execution management system (OEMS).
The integration aims to provide Aladdin and MarketAxess users with an enhanced trading and connectivity experience. According to the companies, the platform unifies risk analytics with portfolio management and operations, enabling greater scalability and trading insights for firms.
Kamya Somasundaram, global head of Aladdin Partnerships, states: “As the electronification of credit markets continues to accelerate, the demand for robust liquidity, sophisticated workflows, and analytics grows. We are excited to partner with MarketAxess to deliver an improved trading experience for our users.”
Global head of trading solutions at MarketAxess, Rich Schiffman, adds: “Our two firms have a long-standing relationship and history of successful collaboration to cater to our clients’ liquidity, workflow and data needs.”
The integration aims to provide Aladdin and MarketAxess users with an enhanced trading and connectivity experience. According to the companies, the platform unifies risk analytics with portfolio management and operations, enabling greater scalability and trading insights for firms.
Kamya Somasundaram, global head of Aladdin Partnerships, states: “As the electronification of credit markets continues to accelerate, the demand for robust liquidity, sophisticated workflows, and analytics grows. We are excited to partner with MarketAxess to deliver an improved trading experience for our users.”
Global head of trading solutions at MarketAxess, Rich Schiffman, adds: “Our two firms have a long-standing relationship and history of successful collaboration to cater to our clients’ liquidity, workflow and data needs.”
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