Interactive Data Corporation, a leading provider of financial market data, analytics, and related solutions, today announced the launch of BondEdgeÂ® TradeLink, which enables the BondEdgeÂ® fixed income portfolio analytics workstation to interface with leading trade order management systems. This combination of sophisticated pre-trade analytics and trade order capabilities can help portfolio managers and traders save time, reduce errors and expedite trade execution.
BondEdge TradeLink, which will be included as part of the U.S. BondEdge workstation, features an enhanced âWhat-Ifâ module, in which clients can utilize robust pre-trade analytics to measure the net effect of possible trades on a series of client specified portfolios. The pre-trade analytics include portfolio risk measures, distributions, sensitivity analysis, and benchmark comparisons.
Possible trades for single or multiple portfolios can be transferred via BondEdge TradeLink in an XML file format, which can than be incorporated into a range of leading trade order management systems.
"We are pleased to enhance the interface between trade order management functionality and our pre-trade analytics to facilitate more efficient trade execution and portfolio rebalancing for our clients," said Keith Webster, managing director, Interactive Data Fixed Income Analytics. âThese combined capabilities can help our clients streamline their operations and more efficiently facilitate trading functions.â
Interactive Data provides fixed income portfolio analytics to more than 400 leading banks, investment managers, brokerage firms, insurance companies and pension funds throughout North America. Built on the MicrosoftÂ® .NET Framework, BondEdge is backed by market-leading fixed income single security, portfolio level and cash flow analytics that are supported by more than 30 years of market and technology expertise.
BondEdge combines advanced analytics with security master data that provides comprehensive security coverage for more than 2.7 million fixed income securities, including a structured finance library of more than 15,000 U.S. structured deals.