Source: Finbourne
FINBOURNE Technology recently participated in a rigorous tender process, against a number of industry peers, to become the technology infrastructure provider for the Bloomberg, MarketAxess and Tradeweb initiative, to build a consolidated tape (CT) for fixed income in Europe.
We’re pleased to announce that we have now won the tender to work with these leading firms.
At FINBOURNE, our mission is to reduce operational complexity and increase efficiency and transparency across capital markets, through our Modern Financial Data Stack.
We believe a CT would play a key role in achieving this and it is why we’ve spent significant time collaborating with capital markets firms, regulators and industry bodies, to collectively understand the data, its quality and how to deliver a resilient and practical CT to the market.
Facilitating change is integral to our mission and in everything we do. It is the driving force behind the achievements, ambition and value creation our employees deliver. Our selection further validates our modern, cloud-based, API-first technology and our ability to deliver critical data access and transparency.
Bloomberg, MarketAxess and Tradeweb will be providing additional information on the initiative’s progress in due course.