Iress at present introduced that it has partnered with Ediphy to supply its buying and selling prospects with a complete mounted earnings resolution to Iress’ world community. By means of the partnership, Iress buying and selling prospects can have entry to a low-cost mechanism to commerce mounted earnings and the flexibility to supply complete liquidity from mounted earnings suppliers and venues protecting 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 offers 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 prospects are more and more demanding the flexibility 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 capability to supply 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 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 is able to additional help their neighborhood of main funding administration purchasers.”