Tech Firm Finsemble Teams Up with Overbond To Streamline FI Trader Workflows

CIOTechOutlook Team | Wednesday, 17 May 2023, 11:38 IST

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Data gaps in the fixed-income trading market continue to be a challenge for effective, profitable fixed-income trading and automation. This is especially true in Europe, where there is less transparency in fixed-income products. Bond desks may use and aggregate any existing but incomplete data sources available in the market to fill this large data gap.
 
Aggregating accessible data into actionable prices and liquidity measures, on the other hand, necessitates sophisticated artificial intelligence (AI) and cloud-based processing. Most bond trading desks do not have the resources or knowledge to do this in-house. Overbond collaborates with the world's leading exchanges and capital markets data providers to deliver cloud-based artificial intelligence aggregated data and automated trading solutions to fixed-income trading desks throughout the world.
 
"At our core at Overbond we strive for interoperability of our AI algorithm suite with native trader desktop workflow. Our partnership with Finsemble solidifies this approach," says Chaim Hack, Director of Sales at Overbond. "This seamless integration allows Overbond clients to derive even greater value from Overbond components, as they can now interoperate with a wide range of applications," he adds.
 
Using data-driven insights, Overbond's analytics enable traders to uncover up to 30% more executable transactions. Traders may seamlessly connect to mission-critical systems such as OMS using Finsemble's desktop interoperability, allowing for speedier decision-making and better productivity.
 
"Overbond users will benefit greatly from Finsemble's native application support," says Jim Bunting, Finsemble Global Head of Partnerships. "We're thrilled to add Overbond to our growing roster of Finsemble partners that bring best-in-breed tech to the industry."
 
The Finsemble Overbond collaboration lays the groundwork for an enhanced FI trader workflow experience for Overbond users.  Register for The Future of Bond Trading Automation, a panel and Q&A moderated by Overbond, on May 18, 2023, at 2:00 BST.