smartTrade Technologies, a global leader in sophisticated cross-asset liquidity management solutions, has  announced  the launch of a new end-to-end trading solution designed for Fixed Income and OTC derivatives businesses. smart-FI is available immediately and will appeal to both sell and buy side institutions looking to electronify and re-vamp their Fixed Income infrastructure.

 Over the last few years the Fixed Income (FI) landscape has changed dramatically. The impact of regulation, the new SEF regulatory structure and the growth of automated workflows for trading are all driving the need for flexible and efficient technology. However, solutions available in the market today are unable to cope with the new requirements and are proving to be too expensive to be viable for current and future needs.

 smart-FI has been introduced to help organisations better control and optimise their Fixed Income flow and ensure fast on-boarding of new clients.With smart-FI’s modular, flexible and highly adaptive capability, organisations can control both the time to market and the cost of new deployments. This enables those involved in Fixed Income to take a phased approach to automating previously manual processes. The solution allows institutions to easily customise their flows using a combination of built-in features and standard based APIs. smart-FI takes advantage of HTML5 technology to provide a highly intuitive and portable user interface.

 smart-FI is built on smartTrade’s robust and proven Liquidity Management System (LMS) which has been used in production for several years by leading institutions for their Fixed Income infrastructure. Early clients have been attracted by significant cost savings, time to market and flexibility to electronify their Fixed Income flows.

 Available as a software-only or a fully managed solution utilising smartTrade’s private cloud, smart-FI delivers:

·   Connectivity to SEFs and inter-dealer markets, enabling organisations to reduce connectivity costs

·   Aggregation, including an algo engine, providing a global view of liquidity that integrates the reference price, enabling organisations to manage the full lifecycle of orders. Algos can also be added and customised dynamically

·   Negotiation enabling organisations to control pricing to their customers in real time, providing auto quoting and hedging mechanisms to automate their flows

·   Client distribution via multi-dealer platforms or a direct API, enabling organisations to manage all clients through a single application

·   A trading user interface where firms can view the aggregated liquidity, controlling their contributions and handling their client requests through a single UI

 David Vincent, Chief Executive Officer of smartTrade Technologies, comments: “The way that organisations have historically managed Fixed Income is no longer sustainable. The industry has been crying out for a solution to electronify Fixed Income business and address the new SEFs requirements. smart-FI has been developed with input from a number of clients to deliver a cost effective, innovative and smart solution that addresses their requirements.”