Mosaic Smart Data Adds Support for Repo Instruments to Its AI Platform

Mosaic Smart Data (Mosaic), the real-time capital markets data analytics company, has added support for repo instruments to its innovative AI-powered platform. The service is already in live deployment across the sales and trading desks of global banks.

The new repo addition was developed in response to the growing demand from banks for the ability to optimise their balance sheets by having a real-time and historical view of repo transaction data across all client accounts – and being able to convert this data into actionable intelligence at the click of a button.

The Mosaic platform aggregates the entirety of a bank's repo data (electronic and voice), normalises it and applies machine learning and advanced AI to extract actionable insight from it. The net result for the bank is the construction of a real-time and historical balance sheet that enables its staff to suggest appropriate opportunities to clients at exactly the right time, driving deeper relationships and more profitable trades.

Matthew Hodgson, CEO and founder of Mosaic Smart Data, said: "The bond markets have been under the global spotlight in light of recent events in the banking sector, highlighting once again the importance of being able to react incredibly quickly, equipped the right insights, when the chips are down. We've already helped many leading global banks optimise their FICC trading operations with real-time, cutting edge analytics tools, and now we've extended that support to the repo market at a time when digitisation and trading volume growth continue at pace."