Katana becomes the leading relative value insights tool in the bond market, extending its reach globally with IHS Markit data
Katana, the tool that identifies relative value opportunities for bond market dealers and asset managers, announced that its universe of analyzed bonds has expanded to cover 30,000 US, European and Emerging Markets bonds alongside European government and agency bonds using best-in-class live market data from IHS Markit, a world leader in critical information, analytics and solutions.
Read More: BillingPlatform Increases Standing in MGI 360 Ratings Report for Agile Monetization Solutions
With an accuracy of 91%, Katana uses machine learning algorithms and the latest big data technologies to analyze live and up to 10 years of historical data from IHS Markit to detect reverting dislocations and reveal relative value insights for up to 200 million bond pairs over six different universes.
The independent evaluated bond pricing, reference and liquidity data from IHS Markit enables Katana to separate signals from the noise to deliver unbiased market intelligence, enabling investors to optimize their holdings and secure alpha. Portfolio managers and traders can monitor their holdings or watchlists to identify actionable opportunities and see broader trends in the market faster and more precisely.
Read More: Options Announces Expansion into Gemini Cryptocurrency Exchange
As part of its methodology, IHS Markit combines the expertise of evaluators in four global locations with proprietary algorithms that identify live pricing data in bond markets. For liquidity, IHS Markit measures a live range of market-driven metrics, including bid/offer spreads, quote volumes, unique price points and trade reporting.
Nathan Kirk, executive director, fixed income strategy at IHS Markit said: “Katana is a revolutionary platform for discovering trends and distinct trade ideas across the global bond market. There is a great deal of excitement about Katana’s practical application of advanced machine learning to uncover fixed income trading signals. With expanded coverage using award-winning bond pricing, reference and liquidity data from IHS Markit, users are gaining additional authoritative insight that can strengthen their competitive advantage”.
Read More: GlobalFintechSeries Interview with Clara Shih, CEO and Founder at Hearsay Systems
