Bloomberg and S&P Global Market Intelligence Launch Workflow Solution for Primary Bond Market

The integrated solution from Bloomberg and S&P Global Market Intelligence has launched a new solution to streamline syndicated primary bond market workflows. According to a story in The Trade news, The solution connects Bloomberg’s fixed income execution management system, TSOX and S&P Global Market Intelligence’s InvestorAccess platform. Through this integration, users can benefit from an end-to-end primary markets workflow to more efficiently process orders and allocations. Once orders are filled, users who stage orders into TSOX from their own order management systems (OMS) can receive details immediately, directly into their OMS for easy tracking. First, orders from various portfolio managers are staged and aggregated before being electronically routed to InvestorAccess. From here they are updated as the new issue security evolves – going from initial announcement to final terms. At the last stage, order allocations are delivered via straight-through-processing once released by the syndicate.