TS Imagine, the leading global, cross-asset class provider of trading, portfolio, and risk management solutions for financial institutions, today announces the availability of several next generation features of its TradeSmart Fixed Income Execution Management System (EMS), all designed to immediately enhance workflow efficiency for traders operating within the $133T global bond market.
“There are several structural and market driven reasons why the bond market is ripe for electronification, including the increasing speed of money, and the unprecedented volatility we have experienced in recent years,” said Rob Flatley, CEO of TS Imagine. “Following more than a decade of development, we remain laser focused on driving innovation for users of TradeSmart Fixed Income EMS.”
“All of the next gen features automate a certain aspect of the fixed income trade lifecycle, increasing workflow efficiency, broadening market perspective, and easing compliance,” said Spencer Lee, Chief Markets Officer, and Head of Fixed Income. “As a former systematic credit trader, I find it extremely rewarding to be able to partner with the world-class developers at TS Imagine to design features which allow users to better control their workflow and improve their quality of life during the trading day.”
Liquidity Snapshot
TradeSmart’s liquidity snapshot feature allows fixed income traders to capture electronically all inputs needed to satisfy regulatory and compliance requirements, including a complete view of market conditions at the moment of execution, regardless of when it occurred, and whether the trade was done electronically or by voice.
Liquidity Aggregator
TradeSmart’s Liquidity Aggregator provides one, real-time view of all available liquidity. Users can now source liquidity faster with a cloud-based screener that mines the entire corporate bond market, tick by tick, capturing dealer algos, dealer axes, RFQs, order books, and auctions.
Best Dealer Algo
The Best Dealer algo allows TradeSmart users to fully automate their dealer selection process by setting criteria which ranks dealers by the rules most relevant to them.
Automated leave order tracking
TradeSmart users can electronically track all orders left with their dealer counterparties. Users can leave an order directly from their blotter, where they can decide the quantity, level, good for time and other relevant parameters. Proper tracking of all orders across products increases scale for the voice trader and significantly reduces operational risk for the entire trading desk.
E-mail parser
The TradeSmart parser instantaneously compiles the relevant data from e-mail delivery across many bonds in a blotter or watchlist, providing a full, pre-trade picture.