Euroclear is collaborating with BondCliQ, the bond market data as a service (DaaS) firm, to launch a new European fixed income settlement data solution, aiming to boost the transparency and accessibility of Euroclear’s fixed income settlement data.
Market participants should be able to get additional levels of access to fixed income settlement data through customised dashboards with the intention being to help investors to make more informed decisions and manage their portfolios with greater precision and confidence.
The interest rate environment and market volatility are reportedly driving demand for greater access to fixed income data sets in order to help investors monitor market performance, liquidity conditions, and 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.”
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