KCG BondPoint Expands Institutional Offering
Connectivity with Charles River Broadens Access for More Institutional Clients
February 05, 2015
Jersey City, N.J. – KCG Holdings, Inc. (NYSE: KCG) today announced that KCG BondPoint, a centralized and automated fixed income trading venue, is expanding its access to Institutional Buy Side clients through integration with Charles River Development’s Investment Management Solution (“Charles River IMS”).
Bill Vulpis, Head of KCG BondPoint, offered, “Institutional clients are seeking new and innovative trading solutions to help them source fixed income liquidity without adding complicated new work flows. By partnering with Charles River, BondPoint is helping create smart solutions to help asset managers find the liquidity they need in a streamlined, seamless fashion.”
KCG BondPoint — a registered ATS — features advanced technology with end-to-end workflow automation, access to a deep and diverse pool of liquidity across multiple fixed income asset classes, and low transaction costs which provide clients with efficient bond market access, transparent price discovery, and superior trade execution. KCG BondPoint links more than 400 financial services firms to approximately 200,000 live and executable bids and offers every day.
“Integrating BondPoint’s electronic marketplace in the Charles River IMS supports the growing trend among buy-side firms for trading smaller lots of US fixed income instruments,” said Karl Kutschke, Senior Director-Product Management, Charles River. “Having direct access to BondPoint’s fixed income liquidity providers from the Charles River trading blotter will help clients improve their investment performance and trade execution.”
Charles River IMS is an end-to-end solution that automates front and middle office investment management functions across asset classes on a single platform.
KCG BondPoint expects that Charles River will be bringing clients live on its venue throughout 2015. For a complete list of connectivity options for KCG BondPoint, please visit: https://www.kcg.com/venues/bondpoint
KCG is a leading independent securities firm offering investors and clients a range of services designed to address trading needs across asset classes, product types and time zones. The firm combines advanced technology with exceptional client service across market making, agency execution and venues. KCG has multiple access points to trade global equities, fixed income, currencies and commodities via voice or automated execution. www.kcg.com
About Charles River
Charles River provides an end-to-end solution to automate front and middle office investment management functions across asset classes on a single platform. Delivered as a hosted service, the solution offers a simplified operating model that improves investment professional productivity, controls risk and lowers technology costs. Charles River serves more than 350 investment firms in 44 countries in the institutional asset and fund management, private wealth, alternative investments, insurance, banking, and pension markets.