“Relationship managers rely on phone and email to share information in documents that take time for the banks to prepare manually,” said Vincent Caldeira, a former Bank of Singapore tech head and co-founder of Singapore-based fintech startup Bondlinc. “The process is also very inefficient.”
Changing Of The Guard: Fixed Income Electronic Trading
As liquidity and transparency problems continue in the fixed income space, electronic trading continues to grow and you will see many venues consolidating while the four dominant players in the arena (Bloomberg, MarketAxess, Tradeweb, Liquidnet) continue to grow and offer more tools for the buy side execution trader.