FactEntry launches Comparable Bond Benchmark (CBB) , enabling asset managers and market intermediaries to efficiently identify and analyse bonds comparable to index constituents, ETF constituents, portfolios or individual bonds, optimising investment and trading decisions.
CBB allows users to identify and analyse potential alternative bonds in an efficient, consistent framework leading to opportunities for broader investment of assets.
Sandeep Dhingra, CEO of FactEntry, commented "The growth in ETF FI market and reduced bond market liquidity is a unique challenge. This product helps manage and improve the efficiency of the workflow for ETF issuers and market participants alike in such unprecedented times."
Efficient identification of comparable bonds provides a platform for an approach to trading which is better aligned with the investment process, facilitating assessment of a full range of bond issues. FactEntry will work with both buy-side and sell-side institutions to develop CBB.