CBXmarket Launches Fixed Income Technology Platform for Financial Advisors

Share Article

Innovative technology will “Level the Playing Field” in the opaque and inefficient fixed income markets

We believe the legacy over-the-counter market structures have left financial advisors at a disadvantage relative to the big institutions. Our mission is to empower advisors with affordable access to the market data and analytics they need to level the playing field in fixed income.

CBXmarket, a financial technology company, has launched an innovative fixed income market data and portfolio management platform for financial advisors and boutique asset managers. Bucking the trend of outsourcing bond investments to 3rd party managers, the platform provides financial advisors the tools to effectively reposition themselves as the central decision-maker in the fixed income investment process.

CBXmarket enables advisors to compete with larger brokerage desks and asset managers who are using expensive and overly sophisticated enterprise software. The platform enhances advisors’ access to the fixed income markets by aggregating and analyzing data across the entire U.S. bond universe, synthesizing this information to help advisors make more informed investment decisions.

With unprecedented transparency across the markets, advisors can attain better pricing for their clients and streamline on-going portfolio monitoring, management, and reporting responsibilities. The platform’s purpose-built tools address the primary needs of financial advisors who are managing bond portfolios for their clients. Time consuming activities such as price discovery, verifying pre-trade compliance or comparing portfolio allocations for prospecting or rebalancing are made easy with the platform.

CBXmarket is a comprehensive and affordable technology solution, providing advisors a single solution to cover the entire bond market.

“We believe the legacy over-the-counter market structures have left financial advisors at a disadvantage relative to the big institutions,” said Erik Zoega, CEO of CBXmarket. “Our mission is to empower advisors with affordable access to the market data and analytics they need to level the playing field in fixed income so that they can create better outcomes for their clients.”

The platform can be easily integrated with custodial platforms, ensuring advisors have the latest portfolio holdings reflected for all of their client portfolios. CBXmarket is actively partnering with other technology platforms and market stakeholders, aiming to deliver seamless integrations with an advisor’s technology suite.

The team recently published an industry whitepaper, “A Vision to Level the Playing Field in the Fixed Income Markets for Financial Advisors.” This report prescribes technology as the optimal solution to address the inefficiency and transparency issues that make it difficult for advisors to invest directly in the bond markets.

As noted in the report, “Despite recent regulatory efforts, transparency continues to be the primary problem. Many conflicts of interest exist with dealers and brokers who hold inventory and are incentivized to maintain this opaqueness, as they benefit from information asymmetry… Advisors and their clients do not have the same access to information or inventories as the big institutional players.”

“We are very excited and inspired by the success advisors are having with the CBXmarket platform to achieve better outcomes for their client portfolios,” said CEO Erik Zoega. “We look forward to working closely with the advisor community as we grow the platform and continue to be a transformational force in the fixed income markets.”

The whitepaper, “A Vision to Level the Playing Field in the Fixed Income Markets for Financial Advisors,” can be found at http://www.CBXmarket.com.

About CBXmarket

CBXmarket is a fixed income market research and portfolio management platform developed to address the transparency and data quality issues in the bond markets. The cloud-based platform aggregates information from industry leading market data providers with complete coverage of the U.S. fixed income markets including bond details and historical price & performance metrics on over 1.1 million securities. The system's open architecture ensures advisors have an unbiased view of the market to identify investment opportunities, evaluate quotes from their brokers and effectively manage their clients' portfolios.

CBXmarket was founded by a team of fixed income investors who have worked together for more than 15 years building technology businesses. The team’s collective experience as technologists, mathematicians and financial engineers provides CBXmarket a unique perspective through which they develop solutions to democratize the fixed income markets.

CBXmarket is privately-owned with offices in New York City and Copenhagen, Denmark.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Timothy Welsh
Visit website