FactSet has partnered with Wall Street’s first consolidated corporate bond quote system BondCliQ, to make its corporate bond pre-trade data available to FactSet users.
Renaud Pelletier
The partnership will enable all the FactSet Workstation buy-side and wealth users and Portware EMS users to access the full quoted market for any corporate bond quoted by BondCliQ’s dealer partners.
In 2022, The London Stock Exchange Group (LSEG) led a buy-side backed Series A funding round into BondCliQ, in a bid to support its expansion into Europe.
Also lending its support was buy-side giant Vanguard, which formed a strategic partnership with the BondCliq; and Aflac Ventures and SEI, which both took part in the latest $7.5 million funding round led by LSEG.
At the time, BondCliQ asserted that the capital would in large part be focused on a move into new corporate bond markets, especially in Europe.
Read more: FactSet on trends within buy-side trading
Speaking in an announcement on social media, Renaud Pelletier, chief financial officer and chief operating officer at BondCliQ, said “We’re thrilled to announce that we have partnered with FactSet, making BondCliQ’s fully licensed corporate bond pre-trade data available to thousands of FactSet users”.
Just last month, Appital Insights announced that it was now fully integrated with FactSet’s Portware execution management system, enabling the latter’s asset management clients to access Appital Insights liquidity easily within their EMS.