Broadridge’s LTX Launches New AI Capability for Traders
Broadridge Financial Solutions’ bond trading platform LTX has launched a new capability – BondGPT Intelligence – which integrates generative AI capabilities directly into trading platform workflows. According to a story in The Trade news, the offering uses artificial intelligence to anticipate users’ queries based on their location in the investing and trading workflow, proactively’ making key insights available to traders. Jim Kwiatkowski, chief executive of LTX, said: “BondGPT Intelligence further integrates the BondGPT functionality into the LTX trading platform, anticipating the trader’s next step and proactively providing them information in the form of in-platform pop-ups. “We are maturing our offering to help corporate bond traders and portfolio managers consider all available data in the moment when making a decision and answer any questions they may have. By embedding GenAI directly into our trading and investing workflows, our new capability will allow traders to make faster, more confident decisions.” Using the BondGPT offering, the new capability provides immediate access to a wide range of market data and insights. BondGPT Intelligence is embedded in the platform and thus does not require users to access another system.