Iress in the present day 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 information 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, World Buying and selling and Market Information, Jason Hoang, mentioned, “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 means 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 mentioned, “Quick altering market buildings and elevated investor demand for mounted earnings securities presents rising challenges for funding managers. Ediphy combines innovative know-how with deep market expertise to simplify and automate mounted earnings buying and selling for funding managers.
“We’re delighted to accomplice with Iress to carry simplicity and automation to their shoppers’ mounted earnings buying and selling, which is able to additional assist their group of main funding administration shoppers.”