About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Overbond Secures New Round of Funding from Fitch Ventures and Aims for International Expansion

Subscribe to our newsletter

Overbond, the API-based credit trading automation and execution service for the global capital markets, has secured funding from Fitch Ventures, the equity investment arm of Fitch Group, the financial information services provider. The capital will help Overbond grow its sales and marketing division as it plans to open an office in London and double its headcount over the coming year. Overbond will also make use of new cloud-based data redistribution channels to grow its global presence, integrate new data sources to expand the coverage of its AI models, and provide clients with enhanced AI trade automation solutions.

Fixed income traders today face the dual challenge of heightened volatility and evaporating liquidity against a backdrop of rate hikes, inflation, and recessionary concerns. In the last ten years, the industry has evolved with the development of new financial products, the rise of electronic all-to-all platforms and an increase in non-dealer liquidity providers using algorithmic and high-frequency trading.

With sell-side traders under pressure to execute with unprecedented speed and buy-side traders looking for new ways to generate alpha, electronic trading and the use of AI for analysis and trade automation have become the new standards for the fixed income markets. In September last year, Overbond launched an AI-driven model to provide buy-side fixed income desks with a quantitative method for extracting alpha, by screening for mispriced fixed income securities

“We at Fitch are impressed with the redistribution agreements Overbond has in place. We’re excited by Overbond’s plans to grow internationally and strongly believe in their ability to scale aggressively,” says Shea Wallon, Managing Director, Fitch Ventures.

“Credit trading desks need to automate to gain an edge in this environment, but they don’t have the in-house data aggregation or AI optimization capabilities to do that with precision,” adds Vuk Magdelinic, Overbond’s CEO. “Overbond offers traders a way to bring precise, high-speed automation to their desktops. In addition, Overbond is fully interoperable with other systems on the desk so that traders can use a single interface. Now, with the new funding and data access, Overbond clients can trade faster, smarter, and more profitably,”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: High-Performance Networks & Low-Latency Connectivity for Trading

10 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes With financial markets becoming more complex and interconnected in today’s electronic trading environment, trading firms, exchanges, and infrastructure providers need to continually push the boundaries of network performance to stay ahead. Ultra-low latency, seamless connectivity, and resilient infrastructure are no longer...

BLOG

From Monolithic to Agile Architectures in High-Performance Trading Systems

In this special episode of FinTech Focus TV, filmed live at TradingTech Summit 2025 in Canary Wharf, Toby sits down with Jon Butler, Co-Founder & CEO at Velox, to explore the evolution of trading technology. From the rise of buy-and-build models to the real impact of AI and automation, Jon shares insights on what’s shaping...

EVENT

ESG Data & Tech Briefing London

The ESG Data & Tech Briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...