Broadridge’s LTX unveiled BondGPT, a revolutionary AI-powered app.
The company wants to utilize artificial intelligence in other markets in the future.
Broadridge
Financial Solutions (NYSE:BR) has revealed a game-changing addition to its LTX platform called
BondGPT. The AI technology aims to transform the complex bond selection and
portfolio construction processes, offering enhanced liquidity and price
discovery. According to the company’s representatives, the $10.3 trillion US
corporate bond market will benefit from this revolutionary technology.
Broadridge’s LTX Launches
BondGPT
BondGPT, an
application powered by OpenAI GPT-4, is a large language model (LLM) chat
function that allows users to ask questions and identify corporate bonds on the
LTX trading platform based on their specific criteria.
The
conversational interface uses LTX's Liquidity Cloud and patent-pending bond
similarity technology to identify bonds with similar characteristics to meet
traders' real-time liquidity needs. Combining the capabilities of GPT-4 with
LTX's cutting-edge analytics and comprehensive underlying dataset, BondGPT
ensures up-to-date data, compliance and accuracy.
"Emerging
technologies such as generative AI hold immense potential to drive
electronification and transparency in the corporate bond market," Jim
Kwiatkowski, the CEO of LTX, commented.
He
emphasized the potential of generative AI technologies like BondGPT to expedite
crucial pricing decisions, facilitate counterparty selection, and broaden
liquidity access. LTX is excited to drive the adoption of such innovations for
a smarter, more streamlined trading industry.
Screenshots from BondGPT. Source: LTX
Broadridge Wants to
Utilize AI
Martin
Koopman, the Chief Product Officer and Co-Head of AI at Broadridge confirmed that
BondGPT is now available to all Broadridge LTX clients. He added that BondGPT
is the first of many products and services that Broadridge plans to release using
this powerful technology, ensuring safety by leveraging their deep regulatory
knowledge and data privacy standards.
"LTX's
innovative implementation of generative AI for BondGPT offers portfolio
managers and traders a new approach to pre-trade analysis, departing from
traditional methods," Miguel Cota, the VP & Senior Credit Trader at American
Century Investments, said. "This opens up unprecedented possibilities for
credit investment professionals."
The LTX platform boasts more than 30 dealers and over 80 asset managers,
demonstrating a significant liquidity pool. With over $7 billion in
initiated firm orders and an average daily volume of over $25 billion in the
Liquidity Cloud in Q1 2023, LTX has attracted many of the world's leading asset
managers and dealers.
Financial Companies Invest
in AI Solutions
Broadridge's latest
move into the artificial intelligence industry is a clear confirmation that the
rising number of financial companies want to utilize the rising popularity of
ChatGPT and other AI solutions.
A month
ago, crypto derivative and copy trading provider Bitget joined forces with Fetch.ai,
an AI blockchain platform. Bitget has committed $10 million to support the
growth of the Fetch.ai ecosystem.
A few weeks
earlier, Tiger Brokers, the trading brand of a leading online brokerage firm
focusing on Chinese investors UP Fintech Holding Limited, presented an
alternative to the ChatGPT chatbot, dubbed TigerGPT. According to the company's
press release, it is the first AI trading assistant released in the retail
trading industry.
AI has
numerous applications in the financial industry, ranging from fraud detection
to customer service. According to experts, artificial intelligence will definitely
change the landscape of FX/CFD industry. And now, the question is not ‘if’ but ‘how’.
Broadridge
Financial Solutions (NYSE:BR) has revealed a game-changing addition to its LTX platform called
BondGPT. The AI technology aims to transform the complex bond selection and
portfolio construction processes, offering enhanced liquidity and price
discovery. According to the company’s representatives, the $10.3 trillion US
corporate bond market will benefit from this revolutionary technology.
Broadridge’s LTX Launches
BondGPT
BondGPT, an
application powered by OpenAI GPT-4, is a large language model (LLM) chat
function that allows users to ask questions and identify corporate bonds on the
LTX trading platform based on their specific criteria.
The
conversational interface uses LTX's Liquidity Cloud and patent-pending bond
similarity technology to identify bonds with similar characteristics to meet
traders' real-time liquidity needs. Combining the capabilities of GPT-4 with
LTX's cutting-edge analytics and comprehensive underlying dataset, BondGPT
ensures up-to-date data, compliance and accuracy.
"Emerging
technologies such as generative AI hold immense potential to drive
electronification and transparency in the corporate bond market," Jim
Kwiatkowski, the CEO of LTX, commented.
He
emphasized the potential of generative AI technologies like BondGPT to expedite
crucial pricing decisions, facilitate counterparty selection, and broaden
liquidity access. LTX is excited to drive the adoption of such innovations for
a smarter, more streamlined trading industry.
Screenshots from BondGPT. Source: LTX
Broadridge Wants to
Utilize AI
Martin
Koopman, the Chief Product Officer and Co-Head of AI at Broadridge confirmed that
BondGPT is now available to all Broadridge LTX clients. He added that BondGPT
is the first of many products and services that Broadridge plans to release using
this powerful technology, ensuring safety by leveraging their deep regulatory
knowledge and data privacy standards.
"LTX's
innovative implementation of generative AI for BondGPT offers portfolio
managers and traders a new approach to pre-trade analysis, departing from
traditional methods," Miguel Cota, the VP & Senior Credit Trader at American
Century Investments, said. "This opens up unprecedented possibilities for
credit investment professionals."
The LTX platform boasts more than 30 dealers and over 80 asset managers,
demonstrating a significant liquidity pool. With over $7 billion in
initiated firm orders and an average daily volume of over $25 billion in the
Liquidity Cloud in Q1 2023, LTX has attracted many of the world's leading asset
managers and dealers.
Financial Companies Invest
in AI Solutions
Broadridge's latest
move into the artificial intelligence industry is a clear confirmation that the
rising number of financial companies want to utilize the rising popularity of
ChatGPT and other AI solutions.
A month
ago, crypto derivative and copy trading provider Bitget joined forces with Fetch.ai,
an AI blockchain platform. Bitget has committed $10 million to support the
growth of the Fetch.ai ecosystem.
A few weeks
earlier, Tiger Brokers, the trading brand of a leading online brokerage firm
focusing on Chinese investors UP Fintech Holding Limited, presented an
alternative to the ChatGPT chatbot, dubbed TigerGPT. According to the company's
press release, it is the first AI trading assistant released in the retail
trading industry.
AI has
numerous applications in the financial industry, ranging from fraud detection
to customer service. According to experts, artificial intelligence will definitely
change the landscape of FX/CFD industry. And now, the question is not ‘if’ but ‘how’.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
United Fintech Scores Sixth Backer Days After Barclays Deal
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown