BondWave, a fixed income solutions provider, has rolled out enhancements to its Effi Transaction Analytics and Portfolio Analytics solution suites, and among the new capabilities are improvements for BondWave’s Transaction Quality Analysis (TQA) solution, officials say. The Effi suites are “designed to help users quickly analyze, monitor, and manage their fixed income portfolios with precision… Read More >>
ECB to Join LCH RepoClear Early Next Year
The European Central Bank (ECB) will join the LCH’s RepoClear SA, a Euro government bond cash, repo trade, and GCPlus triparty basket repo clearing service during the first quarter of 2026, according to LSEG officials. LCH is an LSEG company. “The ECB will diversify its securities lending infrastructure and transfer part of its securities lending… Read More >>
BondWave Buys Bitvore’s Fixed Income Data Analytics Unit
BondWave, a fixed income technology solutions provider, will be expanding its fixed income data and analytics platform, dubbed Effi, via the acquisition of the fixed income data analytics business unit of Bitvore, an artificial intelligence (A.I.) company offering insights from unstructured data, officials say. BondWave will not be acquiring the rest of Bitvore and will… Read More >>
SIX Expands Fixed Income Wares via FactEntry Acquisition
SIX, an exchanges and financial data company, reports that it has acquired a majority stake in FactEntry, a fixed income data and solutions vendor, as a way for SIX to strengthen its cross-asset data offerings for the front-, middle-, and back-office. The majority stake acquisition closed on March 27, 2024, and financial terms and deal… Read More >>
Jury Convicts Key Player in Malaysian Fund Scandal
A federal jury recently found a former Goldman Sachs managing director guilty of bribing government officials to secure lucrative deals through the 1Malaysia Development Berhad (1MDB) investment and development fund, as well as guilty of laundering the proceeds on a massive scale. Following an eight-week trial, the jury in the Eastern District of New York… Read More >>
Charles River IMS Links to LTX And Other Briefs
Charles River IMS Uses LTX to Bolster Bond Trading LTX, an A.I.-enabled corporate bond trading platform from Broadridge Financial Solutions, has been integrated with an established offering — the Investment Management Solution (IMS) from Charles River — in order to offer end-users better liquidity aggregation and improved workflows, trade transparency, and price discovery, officials… Read More >>
Citi & BofA Jointly Building Fixed Income Platform
New Platform to Target CLOs, Syndicated Loans First Citi and Bank of America are collaborating on “a next generation trading, data and analytics platform” for fixed income markets that will be a more accessible, transparent, and efficient marketplace for the industry, according to bank officials. The banks hope their combined effort will yield a multi-dealer… Read More >>
Q&A: Why OpenDoor is Building a T-Bond Trading Platform
(Editor’s note: Trading systems vendor OpenDoor Trading announced last week that it is working closely with high-performance financial technology solutions provider Broadway Technology to hasten the development of a transaction platform for the U.S. Treasury bond market. They are joining forces and “ramping up for an early-Q4 launch” to meeting the demands of institutional investors… Read More >>
PIMCO Strategy Shift Spurs Executive Departure
The Pacific Investment Management Co. (PIMCO) is refining its equities strategies, which will result in the exit of Virginie Maisonneuve, the firm’s chief investment officer for global equities, according to a statement from Douglas Hodge, PIMCO’s CEO. “Equities will continue to be an important part of PIMCO’s investment solutions, including active and enhanced equities which… Read More >>
PIMCO Outflows Hit $150B for 2014
Mutual fund giant Pacific Investment Management Co. (PIMCO) had a total of $150 billion in estimated outflows for 2014, according to new data from financial research firm Morningstar, which also found that PIMCO had $26.7 billion in withdrawals last month. Morningstar researchers report that the PIMCO experienced an outflow of $26,717,199,997 for the quarter that… Read More >>
