Euroclear and BondCliQ partner to create new fixed income settlement data tool
Euroclear and BondCliQ partnership
Brussels/New York, 15 May 2023 – Euroclear is pleased to announce through a collaboration with BondCliQ Inc, a credit market focused Data as a Service (DaaS) company, the launch of a new European fixed income settlement data solution.
Euroclear has taken a significant step towards enhancing the transparency and accessibility of its fixed income settlement data by working with BondCliQ. Market participants will now be able to gain valuable insights and intelligence including unparalleled levels of access to refined fixed income settlement data through customised dashboards. The solution will make it easier for investors to make more informed decisions and manage their portfolios with greater precision and confidence.
Fixed income markets have grown significantly in recent years, and as global interest rates have risen, turbulence and volatility in these markets have increased. This new environment is driving demand for greater access to key fixed income data sets that help investors monitor market performance, liquidity conditions, and key trends.
Chris White, CEO, BondCliQ commented: “This is a transformative moment for fixed income markets and we are thrilled that Euroclear has selected BondCliQ as a solution provider and distribution partner. Until now, there has been a technology barrier to efficiently accessing and ultimately leveraging these data sets. With the BondCliQ infrastructure and technology solutions, the immeasurable potential of Euroclear’s fixed income settlement data can be realized for trading, risk management, trend analysis, and AI. There is no question that early adopters of this information will have a material competitive advantage.”
Philippe Laurensy, Head of Group Strategy, Product Management, and Innovation, Euroclear Group said: “As part of our data strategy we see a growing need for better insights and more in depth analysis in the fixed income settlement space. The combination of BondCliQ’s leading edge credit market data solution with the breadth and scale of a Financial Market Infrastructure, will help improve liquidity and market execution, therefore providing a very appealing market proposition for clients.”
BondCliQ Inc., New York, NY, is the creator and operator of the first central market system for the corporate bond market, organizing institutional pre-trade quotes to allow market makers to become more active liquidity providers for buy-side clients. For more information, please visit www.BondCliQ.com.
Euroclear group is the financial industry’s trusted provider of post trade services. Guided by its purpose, Euroclear innovates to bring safety, efficiency and connections to financial markets for sustainable economic growth. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives, and investment funds. As a proven, resilient capital market infrastructure, Euroclear is committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise. The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International and MFEX by Euroclear.
"The combination of BondCliQ’s leading edge credit market data solution with the breadth and scale of a Financial Market Infrastructure, will help improve liquidity and market execution, therefore providing a very appealing market proposition for clients."
Philippe Laurensy, Managing Director and Head of Group Strategy, Product Management, and Innovation, Euroclear group
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