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KeyBanc Capital Markets adopts Bloomberg B-PIPE for investment grade credit algorithm

  • April 4, 2022

Brian Brennan, head of fixed income at KeyBanc Capital Markets.

KeyBanc Capital Markets (KBCM), the corporate and investment banking arm of Cleveland-based KeyCorp, has adopted Bloomberg’s real-time market data feed, B-PIPE, for its investment grade (IG) credit algorithm. This adoption is intended to provide KBCM with the tools and infrastructure to access consistent data, supporting greater automation and accuracy in bond pricing.

“In today’s ever-evolving environment, it is becoming a business imperative that financial institutions automate their workflows and take advantage of modern technology in order to increase scalability and operational efficiency,” said Keith Bunnell, global head of data distribution and management at Bloomberg. “Our high-performance B-PIPE solution enables KBCM to streamline operations and make nimble pricing decisions quicker, ensuring improved client engagement and accelerated time to value.”

Keith Bunnell, global head of data distribution and management at Bloomberg.

B-PIPE will deliver access to consolidated market data content, helping KBCM's real-time analytics and responses within its Investment Grade Credit Algorithm. KBCM also uses B-PIPE’s zero-footprint delivery option, eliminating the need to host or manage software.

“We’re proud of the investments in our people and systems to expand platform including our capabilities in IG Credit Trading,” said Brian Brennan, head of fixed income at KeyBanc Capital Markets. “This includes the recent adoption of Bloomberg B-PIPE’s high-quality data for the Algorithm.”

B-PIPE is available on-premise or via various public cloud environments, and is part of Bloomberg’s Enterprise Data business, which produces pricing, reference and regulatory data sets, real-time market, event and news data, liquidity analytics along with data management and distribution technologies.

©Markets Media Europe, 2022
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