Iress right now introduced that it has partnered with Ediphy to offer its buying and selling clients with a complete mounted earnings answer to Iress’ international community. By way of the partnership, Iress buying and selling clients can have entry to a low-cost mechanism to commerce mounted earnings and the power to supply complete liquidity from mounted earnings suppliers and venues overlaying the USA, Europe and APAC.
Ediphy is a specialist in mounted earnings markets, providing mounted earnings execution and workflow automation, large-scale knowledge administration and analytics. Ediphy supplies automated execution in authorities, sovereign, supranational, and company bonds (SSAs), credit score bonds and cleared rate of interest swaps (IRS), with aggregated liquidity in extra of 250,000 Worldwide Securities Identification Numbers (ISINs).
Iress’ CEO, International Buying and selling and Market Knowledge, Jason Hoang, stated, “We’re delighted to have this key partnership in place with Ediphy. Our clients are more and more demanding the power to commerce mounted earnings devices, with as much as 20% of their order flows being aligned to mounted earnings as an asset class. This partnership additional extends our skill to offer entry to extra mounted earnings liquidity sources globally, with out the necessity to onboard particular person venues and liquidity suppliers.”
Ediphy’s CEO Christopher Murphy stated, “Quick altering market constructions and elevated investor demand for mounted earnings securities presents rising challenges for funding managers. Ediphy combines leading edge expertise with deep market expertise to simplify and automate mounted earnings buying and selling for funding managers.
“We’re delighted to associate with Iress to carry simplicity and automation to their purchasers’ mounted earnings buying and selling, which can additional assist their neighborhood of main funding administration purchasers.”