Mosaic Smart Data and Euroclear have launched Smart Markets, a new data intelligence service aimed at transforming how capital market participants analyze and utilize fixed-income market data.
Mosaic Smart Data and Euroclear Unveil AI-Powered Market Intelligence Platform
The platform, which leverages Mosaic's artificial intelligence (AI) and machine learning (ML) capabilities, processes Euroclear's extensive fixed-income transaction data to provide actionable insights for banks, central banks, debt management offices, corporate treasurers, and investment firms.
Smart Markets comes at a time of surging demand for financial market data, with the sector growing 12.4% to a record $42 billion in 2023. The service aims to address the increasing need for high-quality data and advanced analytical tools in the fixed-income, currencies, and commodities (FICC) markets.
“By harnessing the scale and depth of Euroclear’s post-trade ecosystem, which in 2023 settled the equivalent of more than 1 quadrillion of securities transactions, Smart Markets is able to provide trading firms with a true picture of fixed income activity including government and corporate bond markets,” commented Philippe Laurensy, Managing Director and Head of Product, Strategy and Innovation at Euroclear.
The platform synthesizes raw data from various market sources, including Euroclear, and applies advanced analytics to provide users with multi-asset insights. This approach enables market participants to refine trading models, develop informed strategies, and enhance investment research and post-trade analysis.
Mosaic and Euroclear team to generate smarter fixed income data https://t.co/iFxfMP14bj
— Finextra (@Finextra) June 24, 2024
The initial rollout of Smart Markets includes participation from a diverse group of financial institutions, including major banks, as well as central banks and asset managers such as the Bank of England and T. Rowe Price Associates.
In the past, the company also launched solutions directly related to the forex markets, including FXLIQUIDITY. This service was created in collaboration with MUFG and CLS, aiming to provide greater transparency on FX data and analysis.
“Mosaic has been at the leading edge of data analytics for capital markets since our inception, and the launch of Smart Markets takes our offering to the next level, introducing a new category of data product,” added Matthew Hodgson, CEO and Founder of Mosaic Smart Data.
“Leveraging comprehensive, high-quality transaction data from best-in-class providers such as Euroclear and running it through our proven models gives participants the insights at their fingertips to truly understand market behavior and make more informed trading decisions.”
Last month, Euroclear announced changes in the position of UK and International CEO. After 28 years and serving as interim CEO, Chris Elms, who brings decades of experience in financial markets, took over the role.