The Future of Fixed Income Technology
Part 1: The digitization of corporate bond trading
Abstract
FicTech is reinventing the fixed income technology space with ever greater speed, with an increasing number of players addressing the issuance and primary markets, trading technology, trading venues, and middle and back-office processes. FicTech is fundamentally reshaping the traditionally manual, relationship-focused process with new means for counterparties to engage, source liquidity, trade, and process their fixed income needs.
In a time of rapid change and challenging conditions, the venues in fixed income are becoming more important both in matching and in a host of other factors, including automation, optimizing orders, quotes, requests for quote (RFQ) management, trading workflows, and data. Despite these changes, in the credit markets the all-important dealer client interface remains crucial.
This report, the first in a series, will focus on the changes in fixed income execution with an eye toward credit.
Technology, Data, and Venue Provider Ecosystem Across Fixed Income
SOURCE: Celent