BMO Launches an IBOR

As buy-side institutions consider the merits and costs of developing an investment book of record (IBOR), BMO Global Asset Management is relaxing on the porch with a pipe, an iced tea, and its feet on a shaggy dog. The debates are now quiet for BMO’s Chicago-based buy-side arm; the blueprints are put away; the implementation is largely over. While others mull philosophical topics like whether an IBOR should support the front office or the middle office, or whether IBOR represents a new concept

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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