BlackRock and AccessFintech partner to increase post-trade connectivity between buy- and sell-side
The investment management giant has also invested in the fintech to support the firm’s next phase of growth.
The investment management giant has also invested in the fintech to support the firm’s next phase of growth.
The offering is operated through the Tradeweb Markets platform and is set to replace previously manual processes.
BlackRock and BNP Paribas executed the inaugural transaction on the platform; the launch is set to help support the growth of Saudi Arabian capital markets and boost global investor interest.
The integration is set to address industry challenges created by manual voice-based workflows and follows an increasing automation drive in the OTC derivatives space in recent months.
Individual previously spent almost two decades at BlackRock and is set to support OneChronos’ expansion into APAC markets.
Individual previously spent more than 11 years at BlackRock and has also worked at Unifi Asset Management and Goldman Sachs.
The trade follows the launch of MarketAxess’ electronic trading solution for Indian government bonds in June, making it the first platform to provide this offering.
Individual has been with the firm for more than two decades, most recently serving as co-head of global trading.
Individual previously spent eight years at BlackRock, working out of Philadelphia, Hong Kong, and New York.
Individual had been with BlackRock for seven years and was recognised as one of The TRADE’s Rising Stars of Trading and Execution at Leaders in Trading New York 2024.