Over the past two years, we have witnessed profound changes in the fixed income marketplace with counterparties increasingly adopting quantitative investing and liquidity risk monitoring techniques. These include adoption of new methods of analysis such as AI analytics like COBI-Pricing algorithm. Source: Overbond Fixed Income Artificial Intelligence The financial services market is embracing digital processes…
Banks Issuing Covered Bonds To Reduce Their Funding Costs In Volatile Markets. Source: Bloomberg Canadian banks are issuing record levels of covered bonds, mortgage-backed debt pioneered in Prussia, helping them to lower funding costs in volatile markets. The country’s lenders have sold 5.75 billion euros ($6.5 billion) of covered bonds this year, up about 50…
AI predictive analytics will be omnipresent in capital markets fixed income applications within a short span of time. Early adopters emerge as news leaders and value realization from AI models goes mainstream. Source: Forbes 2018 was a year of reckoning for artificial intelligence (AI), proving that it’s here to stay and will soon be all…
New regulatory requirements to price and monitor liquidity for all bond positions are forcing buy-side users to look for automation as manual reconciliation approach is not feasible. Source: Overbond TORONTO and NEW YORK – January 15, 2019 – Overbond Ltd., the first end-to-end fixed income markets fintech platform for AI predictive analytics, has launched COBI…
Bank of Canada held rates steady but said more increases would be necessary even though oil prices and a weak housing market will harm the economy in the short term. Source: Thomson Reuters Governor Stephen Poloz said the challenges were temporary and he still believed the economy would at some stage be “operating at full…
Slowing economic data may force central banks to rethink policy tightening in 2019. Source: Bloomberg Manufacturing gauges across the world’s largest economies stumbled at the end of last year, starting 2019 with fresh challenges for global growth and central banks. The global manufacturing index from JPMorgan Chase & Co. and IHS Markit fell in December…
With trading volumes for US corporate bonds up
