FactSet has expanded its fixed income capabilities with the addition of MarketAxess’ AI-powered CP+ data onto its Workstation platform and real time data feeds.
John Costigan
The move makes FactSet the only provider to offer CP+ fixed income pricing data directly within a terminal desktop environment, and will allow the provider’s users to gain in-terminal access to AI-powered bond pricing, derived from MarketAxess’ trading activity.
The offering is expected to provide a real-time reflection of the market, and by centralising onto FactSet’s platform, the combined solution is set to address challenges associated with execution and workflows, fragmented liquidity and opaque pricing structures.
“Recent fluctuations in the commercial bond market are illustrative of the value of real-time, intra-day pricing data. This integration isn’t just about expanding exclusive data access within FactSet’s desktop terminal – it’s about delivering a new standard of fixed income insights that transform how institutional investors engage with markets,” said John Costigan, chief data officer at FactSet.
Through the integration, investment professionals – spanning asset managers, hedge funds, wealth advisors and institutional traders – will gain access to bond pricing data within their existing workflows.
Specifically, the move sees the addition of CP+’s real time insights, covering approximately 40,000 global credit and rates securities to FactSet’s data offering.
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“This partnership brings CP+, our real-time pricing data that is used by our institutional trading clients globally, direct to wealth advisor desktops for the first time,” said Kat Sweeney, global head of data and ETF solutions for MarketAxess.
“Additionally, it allows our institutional clients access to CP+ through FactSet, giving them the flexibility of having our data where they need it.”
The combined offering follows news in August 2025 that MarketAxess is set to launch Mid-X protocol in US credit, as part of the firm’s effort to make multiple enhancements to its dealer-initiated protocols.
The launch for US investment grade and high yield bonds on Mid-X is scheduled for September this year, with enhancements to Dealer RFQ protocol also expected.