Broadridge Onboards Clients to Corporate Bonds Platform Set to Launch Next Year
The vendor's LTX platform leverages a neural network to navigate the complexity of the corporate bond market, and is expected to launch in the first quarter of 2021.
Broadridge is planning a full launch of its artificial intelligence (AI)-driven corporate bond trading platform, LTX, in the first quarter of next year.
The vendor, which announced in June that it had executed its first trades on LTX, is now gathering liquidity on the platform to enable the full launch.
Vijay Mayadas, who was recently appointed president of capital markets at Broadridge, says the technology is already live, but the platform needs to onboard 30 to 45 buy-side firms and five to
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
AI strategies could be pulling money into the data office
Benchmarking: As firms formalize AI strategies, some data offices are gaining attention and budget.
Identity resolution is key to future of tokenization
Firms should think not only about tokenization’s potential but also the underlying infrastructure and identity resolution, writes Cusip Global Services’ Matthew Bastian in this guest column.
Vendors are winning the AI buy-vs-build debate
Benchmarking: Most firms say proprietary LLM tools make up less than half of their AI capabilities as they revaluate earlier bets on building in-house.
Private markets boom exposes data weak points
As allocations to private market assets grow and are increasingly managed together with public market assets, firms need systems that enable different data types to coexist, says GoldenSource’s James Corrigan.
Banks hate data lineage, but regulators keep demanding it
Benchmarking: As firms automate regulatory reporting, a key BCBS 239 requirement is falling behind, raising questions about how much lineage banks really need.
TMX eyes global expansion in 2026 through data offering
The exchange operator bought Verity last fall in an expansion of its Datalinx business with a goal of growing it presence outside of Canada.
AI-driven infused reasoning set to democratize the capital markets
AI is reshaping how market participants interact with data, lowering barriers to entry and redefining what is possible when insight is generated at the same pace as the markets.
Fintechs grapple with how to enter Middle East markets
Intense relationship building, lack of data standards, and murky but improving market structure all await tech firms hoping to capitalize on the region’s growth.
