By Flora McFarlane.
Ipreo, a global provider of workflow solutions and market intelligence, has released its growth statistics on usage of Investor Access, its real-time deal-related information provider for fixed income.
The system has seen over 800 published deals, over half of which have been open for orders. From January to October 2017, the number of banks publishing on the platform rose from 11, to 27, with more expected to be added this month.
Ipreo saw around 80% of all Euro issuance and 65% of all Sterling issuance published by banks on its platform, with over 90 investor entities joining this year to place orders on Investor Access. This enables investors to manage participation in new issues electronically, leaving a full audit trail.
“The rapid adoption on both sides of the market validates the Investor Access initiative,” said Bill Sherman, Ipreo’s EVP, Head of the Global Markets Group. “We will continue to innovate and respond to the market’s needs.”
©TheDESK 2017
