Corporate bonds

LedgerEdge leverages ZeroBeta for corporate bond pricing and valuation

The BlueShift Risk Platform is a cloud-native multi-asset, risk, and market data management platform that aims to help market participants make informed decisions.

LedgerEdge, a next-generation ecosystem for corporate bond trading, has selected ZeroBeta to support its real-time fixed income pricing and valuation requirements.

ZeroBeta provides a financial market infrastructure specializing in risk, collateral and market data solutions. The company’s flagship product is BlueShift Risk Platform, which will provide real-time pricing and valuation for corporate bond trading on LedgerEdge as well as market data and OMS connectivity.

Varuna Wijesundera, CEO of ZeroBeta, said, “We are delighted to be working with LedgerEdge on this groundbreaking project. When designing BlueShift RP, our vision was for it to be truly modular and easy to integrate into an existing ecosystem without sacrificing computing power and accuracy. It’s great to see this vision realized at LedgerEdge. It was a pleasure working with the LedgerEdge team, and we look forward to helping LedgerEdge take their platform to new heights.

The BlueShift Risk Platform is a cloud-native multi-asset, risk, and market data management platform that aims to help market participants make informed decisions.

David Nicol, Managing Director of LedgerEdge, said, “We are delighted to be working with ZeroBeta to improve our pricing and valuation of financial assets. Their flexible, modular technology will give us the speed and power we need to purposefully streamline data as we bring our next-generation ecosystem to market. We look forward to collaborating with them as we work with our clients to revolutionize corporate bond trading. It is a state-of-the-art business, paving the way for many advances in the industry of the future. »

In 2021, LedgerEdge appointed Michelle Neal as CEO of US Operations, a key role for the company’s growth. She will lead our efforts to serve the world’s largest bond market and provide essential product and market insights as we develop the next-generation trading ecosystem.

The industry veteran was recognized as one of the 25 Most Influential Women in Finance by American Banker.

The company was founded in 2020 to remove some of the historical issues with the corporate bond market and give participants control over their data as well as visibility into bond market liquidity that it hopes will increase. trading volumes and users would be more inclined. take positions in the bond market using the platform.