FactSet Unveils New Fixed Income Trading Capabilities

FactSet, a US-based financial data and software company, recently announced that it has launched fixed income trading capabilities for its leading execution management system (EMS).

As detailed in the official announcement, with the introduction of fixed income trading, Portware, a FactSet trading solution, is now able to help clients trade more efficiently across more asset classes. FactSet worked with longtime client GIC to build out these new capabilities, which now operates in parallel with the other asset classes already supporting GIC’s global trading desks.

In addition to connecting to established trading venues, FactSet has begun integrations with several data providers and trading destinations to display pre-trade analytics related to pricing and liquidity relevant to the orders on the blotter. This includes sourcing content from FactSet’s well-established fixed income data and analytics libraries. Further investment and integrations are planned to aggregate additional liquidity sources for FactSet’s trading clients.

"Given liquidity constraints and reporting mandates, fixed income has lagged in adopting the trading technologies prevalent among other asset classes, creating a clear opportunity for improvement within the trading ecosystem," says Rob Robie, EVP and Global Head of Analytics and Trading, FactSet. "The introduction of fixed income trading capabilities to FactSet differentiates our world-class, multi-asset class platform and will help our clients seamlessly surface new insights and trade across asset classes with greater speed and efficiency."

​As Fazzaco reported earlier, FactSet has acquired Cobalt Software, Inc.​ (“Cobalt”), a leading portfolio monitoring solutions provider for the private capital industry.