Investment Services News

Allvue Systems Announces Strategic Partnership with Coefficient Markets

Allvue Systems Announces Strategic Partnership with Coefficient Markets

Partnership will provide delivery of real time market data, liquidity, and execution to private debt and CLO managers integrated directly into Allvue’s portfolio management product suite

Allvue Systems, a leading alternative investment technology solutions provider, announced that they have formed a strategic alliance with Coefficient Markets to provide liquid credit and CLO managers real-time, actionable markets data direct from contributing dealers that utilize Coefficient’s EPIC sell side software suite.

“Our alliance with Coefficient Markets, a firm with decades of experience in both the loan market and electronic trading across credit markets, creates an unmatched offering for the marketplace that will guarantee our clients are equipped with the highest quality information so that they can make more-informed trading decisions.”

Through this partnership, Allvue’s clients will have market liquidity data fully integrated alongside their portfolios and daily workflow inside Allvue’s suite of loan software offerings. Historically, clients have had to rely on prior day data or view live data outside of the Allvue interface. Coefficient’s significant experience in the loan market will ensure that Allvue’s clients have the right data to manage their investments efficiently and cost-effectively. Six of the ten largest CLO Managers have already enrolled as early adopters of the live liquidity data, representing over 25% of CLO Assets Under Management.

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Coefficient’s dealer clients will benefit from full, direct integration of their available liquidity in the place where it is most efficiently consumed by their buy side clients who use Allvue throughout their work day, resulting in higher trading volumes and higher quality trade selection for both sides.

“As the loan market rapidly matures, we have observed our clients’ need for sell-side liquidity so they can execute on opportunities in their portfolios quickly, efficiently, and with the most timely pricing information,” said Yuriy Shterk, Chief Product Officer at Allvue. “Our alliance with Coefficient Markets, a firm with decades of experience in both the loan market and electronic trading across credit markets, creates an unmatched offering for the marketplace that will guarantee our clients are equipped with the highest quality information so that they can make more-informed trading decisions.”

Coefficient Markets will specifically support connecting clients of Allvue’s Front Office solutions to their EPIC Mirror platform, which aggregates sell-side dealer price and liquidity data across the loan market.

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“We are very excited to partner with Allvue and, for the first time, connect digitized market data suitable for consumption into the portfolio management system for private debt and CLO managers,” said Brian Callahan, Chief Executive Officer at Coefficient Markets.

The alliance advances Allvue’s commitment to enhancing their clients’ investment processes. Earlier this year, Allvue announced a strategic alliance with IQ-EQ to provide back office servicing to provide private debt and CLO managers.

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