Interactive Data Corporation, a leading provider of financial market data, analytics, and related solutions, today announced the launch of BondEdge TradeLink, which enables the BondEdge fixed income portfolio analytics workstation to interface with leading trade order management systems.
This combination of sophisticated pre-trade analytics and trade order capabilities can help portfolio managers and traders save time, reduce errors and expedite trade execution.
BondEdge TradeLink, which will be included as part of the U.S. BondEdge workstation, features an enhanced "What-If" module, in which clients can utilize robust pre-trade analytics to measure the net effect of possible trades on a series of client specified portfolios. The pre-trade analytics include portfolio risk measures, distributions, sensitivity analysis, and benchmark comparisons.
Possible trades for single or multiple portfolios can be transferred via BondEdge TradeLink in an XML file format, which can than be incorporated into a range of leading trade order management systems.
"We are pleased to enhance the interface between trade order management functionality and our pre-trade analytics to facilitate more efficient trade execution and portfolio rebalancing for our clients," said Keith Webster, managing director, Interactive Data Fixed Income Analytics. "These combined capabilities can help our clients streamline their operations and more efficiently facilitate trading functions."