Bloomberg and DirectBooks Collaborate on Primary Fixed Income Market Workflows

General News

Summary

Bloomberg and DirectBooks have launched a live integration for automated primary bond market workflows. The collaboration connects DirectBooks with Bloomberg's TSOX and AIM tools so clients can route orders, receive allocations, and access bond details electronically. This reduces manual processing, operational risk, and compliance risk while improving straight-through processing and position management. The integration is aimed at institutional investors, underwriters, and other primary market participants that need a more efficient new-issue workflow.

Classifications

industries
Fintech & Banking
applications
ERP & Process Management

AskAI Classifications

Labels
Financial Software SaaS Data & Analytics

Linked Companies

Bloomberg
$1B+
DirectBooks
$1M to $5M