Liquidnet has expanded its fixed income electronic trading capabilities with the integration of AI-based credit research from bondIT.
Fixed income fintech bondIT’s Scorable Credit Analytics leverage machine learning to anticipate credit spreads and ratings and identify future trading opportunities
“We are thrilled to be able to enrich the Liquidnet platform with a service of Scorable’s caliber,” said Nicholas Stephan, global head of fixed income product and partnership programs at Liquidnet.
“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.”
The current rates environment has made yields more attractive in fixed income and created a renewed interest in the asset class in general after many years of low and stagnant interest rates.
However, while the environment has proved to be advantageous for some traders, credit risk against a challenging macroeconomic backdrop continues to be a concern.
Liquidnet said in Monday’s announcement that this environment emphasises the need for careful investor choices. Its collaboration with bondIT is deigned to better inform and support participants in light of this.
“Bonds are back, but so is risk. Technology becomes an ever more important ally in this dynamic financial landscape,” said David Curtis, head of global client business at bondIT.
“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.”