Trading automation is needed in fixed income, but where will the data come from?

Currently, the only solution in the marketplace that shows what bonds have traded and at what prices across various trading venues that also includes the Over-The-Counter (OTC) trading volumes, is “client side data aggregation”. This involves aggregating data feeds from various providers internally. Up until a few years ago, it wasn’t possible to process, map…

Read More

Can AI solve for bond market illiquidity?

Historically a fractured market for data dissemination, OTC bond market participants have been yearning for a consolidation, similar to that of the public equities markets. With the emergence of machine-learning technology, the hopes of a fully transparent market are now on the horizon. Overbond can solve this problem for clients through its unique data aggregation…

Read More

COBI and Predictive Analytics in the Fixed Income Market

The Overbond platform’s COBI (Corporate Bond Intelligence) tool uses big data technology and machine learning to study data and construct algorithms that enable it to predict indicative debt capital market pricing levels, propensity to issue and match making for investors and issuers. COBI’s coverage includes 90% of active issuers in the Canadian fixed income marketplace (approximately…

Read More

Brave New World of Price Discovery – Adopters Win, Adaptors Will Need to Catch Up

One of the most exciting and dynamic shifts in the financial world is the way that new financial technologies — ‘fintech’ — have penetrated various sectors within the market. The finance world is undergoing a dramatic shift experienced in other established industries (like publishing) that are built on information as opposed to concrete goods. Over…

Read More

2017 Trends in the Bond Market

With a year of widespread volatility behind us, uncertainty will likely remain a key theme for 2017 Instability in the financial markets was a major theme for 2016. The second quarter saw record lows in bond yields after the shock of June’s referendum vote in the UK, however, markets have made a recovery in the…

Read More

Learning in Finance

The world of finance is getting more complicated. More specifically, the fixed income market as the largest capital market in the world is expanding in its complexity and importance. There are over 40 different professional designations available to capital market professionals, from chartered financial analyst (CFA), certified public accountant (CPA) to certified fraud examiner (CFE)…

Read More

The Future of Rating Agencies and Big Data

“There’s two superpowers in the world today,” said Thomas Friedman. “There’s the United States and the Moody’s Bond Rating Service. And believe me, it’s not clear sometimes who’s more powerful.” Capital markets could not function without rating agencies. As financial firms and bond issuers begin to rely more on real-time analytics and data analyses, rating…

Read More

Brexit: Opportunity For Fintech Innovation

The outcome of last month’s EU referendum in the United Kingdom is, by now, well-known: in a 52-48 vote, the Brexit vote passed, prompting PM David Cameron to resign and raising serious questions about the economic future of the United Kingdom. The global financial market responded, predictably, with immediate volatility: the following day, the pound…

Read More

Debt and Tech: Who Knew?

Behind the spotlight, debt financing remains a significant driver of technology transactions Last week, Microsoft acquired LinkedIn, the social media platform geared towards professional networks. The acquisition was impressive on its own, but even more so for the price: Microsoft spent a whopping $26.2 billion on the purchase. One of the aspects that has been…

Read More