Katana becomes the leading relative value insights tool in the bond market, extending its reach globally with IHS Markit data

Share Article

Katana becomes the leading relative value insights tool in the bond market, extending its reach globally with IHS Markit data

Katana, the tool that identifies relative value opportunities for bond market dealers and asset managers, today announced that its universe of analyzed bonds has expanded to cover 30,000 US, European and Emerging Markets bonds alongside European government and agency bonds using best-in-class live market data from IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions.

With an accuracy of 91%, Katana uses machine learning algorithms and the latest big data technologies to analyze live and up to 10 years of historical data from IHS Markit to detect reverting dislocations and reveal relative value insights for up to 200 million bond pairs over six different universes.

The independent evaluated bond pricing, reference and liquidity data from IHS Markit enables Katana to separate signals from the noise to deliver unbiased market intelligence, enabling investors to optimize their holdings and secure alpha. Portfolio managers and traders can monitor their holdings or watchlists to identify actionable opportunities and see broader trends in the market faster and more precisely.

As part of its methodology, IHS Markit combines the expertise of evaluators in four global locations with proprietary algorithms that identify live pricing data in bond markets. For liquidity, IHS Markit measures a live range of market-driven metrics, including bid/offer spreads, quote volumes, unique price points and trade reporting.

Nathan Kirk, executive director, fixed income strategy at IHS Markit said: “Katana is a revolutionary platform for discovering trends and distinct trade ideas across the global bond market. There is a great deal of excitement about Katana’s practical application of advanced machine learning to uncover fixed income trading signals. With expanded coverage using award-winning bond pricing, reference and liquidity data from IHS Markit, users are gaining additional authoritative insight that can strengthen their competitive advantage”.    

Santiago Braje, founder and CEO of Katana said: “This data partnership will transform what we can deliver to our clients. By integrating the independent pricing and transparency data from IHS Markit, Katana can now provide customised relative value insights and trade ideas for bonds across North America, Europe and APAC as well as Emerging Markets. In doing so we become a significant global player and, I believe, the leading relative value insights tool in the bond market”.

NOTES TO EDITORS

Katana is the bond market tool for portfolio managers and traders that identifies the relative value opportunities in a portfolio or watchlist. Using advanced machine learning and the latest big data cloud technologies, Katana now analyses up to 200 million bond pairs over six different universes, to show the relevant dislocations and help determine what looks relatively cheap and what is expensive. Our algorithm detects reverting dislocations with a 91% accuracy to reveal specific trade ideas and see broader trends earlier, faster and more precisely.

Alerting users on opportunities to swap expensive bonds in a portfolio for a cheaper alternative when the odds are in their favour so they can be confident to trade at the right time. By separating signals from the noise, Katana provides a proven robust framework to enhance the user’s insights and enable them to navigate the investment space, profitably.

Katana was founded in 2019 with backing from ING and is headquartered in London. http://www.katanalabs.io

IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth. http://www.ihsmarkit.com

PRESS CONTACT

Katana             Jon Schubin     katana@cognitomedia.com        +44 7307 063 066

IHS Markit        Timothy Barello timothy.barello@ihsmarkit.com +1 646 509 8905

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jon Schubin
Cognito
+44 7307063066
Email >