Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced the launch of a solution that aggregates new bond deal data for asset managers, accelerates investment decision making and streamlines how they request and receive allocations.
In primary markets for corporate bonds, asset managers have as few as two hours to analyze new bond deals and request allocations, no easy task given that simply monitoring the fragmented market for new issuance data is a challenge. Banks use multiple platforms, including DirectBooks, Ipreo (S&P Global), Bloomberg, Refinitiv and email, to market an average of 40 new bond deals daily, each of which can be updated around 30 times.
The customizable Primary Bond Issuance solution from Genesis aggregates deal data from multiple sources to give asset managers a complete,…
Read More