Ediphy has launched a new all-in-one platform aimed at addressing workflow and data challenges in the fixed income space, namely data overload and disparate workflow environments.
Ediphy Context has been created in response to client demand, according to the business, focused on managing price discovery, market surveillance, and trading workflows.
Ediphy highlighted the sector’s critical challenges: price opacity, poorly integrated internal data, and liquidity fragmentation as key points of focus.
In practice, the solution captures internal data for clients, including orders, axes and RFQ history and subsequently combines this with liquidity data from various market gateways.
In an announcement Ediphy highlighted that additional analytics and workflow plug-ins allow for one-click insights and productivity enhancements, adding that “the result is better information, better decisions and better execution – all via a next-generation user experience in the client’s web-browser”.
The solution is also versatile and aimed at assisting traders, portfolio managers, quant analysts, compliance and senior management with navigating their organisation’s specific wealth of data and work items.
The analytics are enabled by Ediphy Virtual Data Manager (VDM) and Ediphy Context protects its clients’ data through IAM-based permissioning, SSO integration and versatile cloud management.
Read more – Fireside Friday with… Ediphy’s Chris Murphy
Chris Murphy, chief executive and founder of Ediphy, highlighted the importance of addressing the current challenges facing the fixed income market: “Our mission is to help clients optimise their workflows and leverage valuable internal data in order to make better informed decisions. Fixed income technology is critically affected by disparate workflows and fragile data integrations.
“With Context, clients get unprecedented insights and simplified workflows for their core activities. Support for plug-ins of further data, analytics and workflows enable Ediphy Context to evolve into a rich ecosystem at the centre of the daily work of any fixed income professional.”
Earlier this year, Ediphy launched a new artificial intelligence tool for assessing bonds liquidity – Liquidity Checker. Its aim is to address challenges posed by fragmentation in the fixed income markets, allowing users to input their own bond interests in a personalised watchlist, subsequently giving them real time notifications of shifting liquidity.