Interactive Data Corporation (NYSE: IDC), a leading provider of financial market data, analytics, and related services, today announced that its Fixed Income Analytics business has released BondEdge® Fixed Income Strategist, a new package of capabilities designed for the analytical risk reporting and trade analysis needs of fixed income strategists focused on serving institutional investors.
Fixed income strategists and their teams can use this offering in their efforts to gain insight into client portfolios, identify new trading opportunities, analyze risk characteristics of the portfolios, and seamlessly share consistent information with groups across their enterprise.
BondEdge Fixed Income Strategist is available via the BondEdge Next Generation Platform, which is built on the Microsoft® .NET Framework and provides a highly intuitive, flexible user interface. As a result, this platform is well suited to address the evolving and demanding analytical and reporting requirements of fixed income strategists. It delivers a comprehensive suite of analytical and reporting tools that include automated market and book value oriented reporting and simulations, scenario-based cash flow analysis, and tools designed to respond to various regulatory and rating agency requirements.
This new offering also features an application programming interface (API), which provides clients with the ability to seamlessly access the BondEdge platform from Microsoft Excel and other third-party applications. The BondEdge API for Excel also includes an add-in program and ready-to-use sample templates. This added functionality can help clients work more efficiently when assessing buy and sell pre-trading activity on both a market and book value basis, and measuring the trade activity effects on existing portfolios. In addition, security-level analytical measures can be accessed via the API and may be used to integrate with spreadsheets, client databases, or customized reporting packages.
“With the continued volatility in the financial markets, it is critical that fixed income strategists have access to sophisticated risk management tools designed to support their efforts to provide informed, timely advice to their clients,” said Keith Webster, managing director of Interactive Data Fixed Income Analytics. “By offering a set of capabilities designed specifically for fixed income strategists, we can help this type of user more efficiently leverage the power of BondEdge to enable them to provide a more comprehensive service for their clients and identify new trading opportunities.”