BondDesk selects Kalotay for market standard fixed income analytics

Source: BondDesk Group

BondDesk Group LLC, a leading financial technology firm, has selected fixed income libraries from Andrew Kalotay Associates (AKA) to augment analytics on its Alternative Trading System (ATS).

The BondDesk ATS, run by BondDesk Trading LLC, is one of the nation's largest destinations for trading odd-lot fixed income securities. ATS clients have access to a commingled inventory of more than 35,000 live offerings per day provided by over 100 broker/dealers.

The suite of AKA libraries, which includes the patented CLEANTM MBS prepayment and valuation model, covers fixed and floating rate bonds, inflation linked structures, and mortgage backed securities.

Jan Mayle, Senior Managing Director at BondDesk, explained that the libraries are an important addition to the firm's ATS. "The libraries will significantly enhance the pre-trade and post-trade analytics and reporting capabilities available to our clients."

Andy Porter, Managing Director of Business Development for Andrew Kalotay Associates commented, "We are very excited that BondDesk has decided to partner with us and look forward to a mutually beneficial, long-term relationship."

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