Bloomberg’s high-quality market data feed enables real-time analytics and accelerates automation of bond pricing workflows
Bloomberg announced that KeyBanc Capital Markets (KBCM), the corporate and investment banking arm of Cleveland-based KeyCorp, has adopted Bloomberg’s flagship real-time market data feed, B-PIPE, for its Investment Grade (IG) Credit Algorithm. This adoption will provide KBCM with the proper tools and infrastructure to access high-quality, consistent data, enabling greater automation and accuracy in bond pricing.
“In today’s ever-evolving environment, it is becoming a business imperative that financial institutions automate their workflows and take advantage of modern technology in order to increase scalability and operational efficiency,” said Keith Bunnell, Global Head of Data Distribution and Management at Bloomberg LP. “Our high-performance B-PIPE solution enables KBCM to streamline operations and make nimble pricing decisions quicker, ensuring improved client engagement and accelerated time to value.”
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B-PIPE will deliver access to comprehensive and consolidated market data content, enabling KBCM to execute real-time analytics and responses within its Investment Grade Credit Algorithm. KBCM also benefits from B-PIPE’s zero-footprint delivery option, eliminating the need to host or manage software.
“We’re proud of the investments in our people and systems to expand platform including our capabilities in IG Credit Trading,” said Brian Brennan, Head of Fixed Income at KeyBanc Capital Markets. “This includes the recent adoption of Bloomberg B-PIPE’s high-quality data for the Algorithm.”
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B-PIPE is available on-premise or via various public cloud environments, and is part of Bloomberg’s Enterprise Data business, which produces comprehensive pricing, reference and regulatory data sets, real-time market, event and news data, liquidity analytics along with data management and distribution technologies.
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