OMS/EMS providers, electronic venues and data aggregators are rapidly merging their offerings so fixed income trading desk clients can realize benefits from automated trading without needing to assemble and maintain individual systems internally, writes Vuk Magdelinic, founder and CEO of Overbond. And with recent consolidation in the space, Mr. Magdelinic asks whether this transformation is only…
For Vuk Magdelinic, using artificial intelligence in corporate bond trading is more than a promise — it’s a reality. “We can automate 30 percent of a trader’s entire trading workflow,” says the CEO of Overbond, a fixed income AI analytics company. “So, if I’m a trader and I trade 300 transactions a day, 100 out of…
Buy-side firms are falling behind the sell-side in the bid to scale up adoption of artificial intelligence (AI) and machine learning (ML) technologies, according to an in-depth report from Refinitiv. Source: The TRADE Refinitiv polled 120 asset managers and found 28% had deployed ML and AI in multiple areas, describing it as core to their…
Managing technical debt, in the development of new AI models, can be expensive and can lead to significant cost overages throughout the project. This is primarily driven by the need for AI models to scale and adjust to different market conditions, liquidity and volatility situations, where vastly different data volumes and modelling approaches are required. …
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…
The Credit Roundtable, a buy-side lobby group for bondholder protection has issued an ‘Investment Grade Primary Best Practices Framework’ designed to improve bond issuance. The measures are meant to standardize a process that has been historically fraught with inefficiency and unnecessary costs to investment managers. This is an issue Overbond is very familiar; check in…
According to the article published by Reuters, J.P. Morgan’s credit trading desk is already handling more than three-quarters of the volume of trades this year executed in the whole of 2019 as market turmoil picks up. The turmoil unleashed by the coronavirus pandemic has forced liquidity to dry up even in the deepest parts of…
Data may well be the natural resource that defines this century. If so, effective application of machine learning can extract its value. According to Charles Elkan, global head of machine learning at Goldman Sachs, financial services seems like fertile ground for AI to generate profit. Let Overbond introduce you to what the technology can do…
Congratulations to Joel Sebold and Refinitiv Labs for unlocking further potential from data science with their equity market liquidity discovery project. By combining the computer power of machine learning with creative visualizations, data science will take its rightful place in analytics space for capital markets. For fixed income market participants, explore Overbond’s suite of analytics…
Once unwieldy and time-consuming, tech innovation is rapidly turning portfolio trading mainstream. In a portfolio trade, an asset manager picks a basket of securities to buy or sell, then analyses them on various metrics such as liquidity, inclusion in ETFs and transaction size. Utilize Overbond’s custom bond basket creation tool to construct strategies and diversify…
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
