Canadian FinTech venture Overbond, which provides a digital platform for the bond insurance market, has partnered with Thompson Reuters. The deal will see the latter’s data and analytics suites incorporated into the Overbond platform, while both firms will also be working to “drive innovation in fixed income capital markets”.

Overbond’s cloud-based solution, which IBS Intelligence reported on in June this year, features “secure communications, price discovery, and custom reporting and analytics, while reducing operational risk and transaction costs for issuers, dealers, and investors.” Integration with the Thompson Reuters product suite aims to “improve the flow of information and transparency” provided by the solution and provide users with “essential data and analytics”.

“Access to Thomson Reuters data universe and market analytics within the Overbond platform optimizes price discovery for participants in the primary bond origination market,” says Vuk Magdelinic, CEO of Overbond. “Through our partnership with Thomson Reuters, the Overbond platform now provides market participants with unparalleled price discovery capabilities to help them navigate what is currently a very challenging fixed income market.”

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by Alex Hamilton
Alex is Senior Reporter at IBS Intelligence, follow him on Twitter or contact him at: alexanderh@ibsintelligence.com
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