This combination of pre-trade analytics and trade order capabilities can help portfolio managers and traders save time, reduce errors and expedite trade execution, said the company.
BondEdge TradeLink, which will be included as part of the US BondEdge workstation, features an enhanced "What-If" module, in which clients can utilize 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 then be incorporated into a range of leading trade order management systems, according to the company.
Interactive Data managing director for Fixed Income Analytics Keith Webster said they are pleased to enhance the interface between trade order management functionality and their pre-trade analytics to facilitate more efficient trade execution and portfolio rebalancing for clients.
"These combined capabilities can help our clients streamline their operations and more efficiently facilitate trading functions," Webster said.
