SOLVE Partners with Charles River Development to Integrate Predictive Pricing for Fixed Income

SOLVE, provider of pre-trade data and predictive pricing for fixed income securities, has partnered with Charles River Development, a State Street company, to integrate SOLVE’s fixed income and predictive pricing capabilities directly into the Charles River Investment Management Solution (Charles River IMS). The aim is to enhance market transparency and efficiency for joint fixed income clients by embedding advanced analytics and predictive intelligence into their trading and portfolio management workflows.

The integration will allow clients to access SOLVE’s data directly within Charles River IMS, enabling traders and portfolio managers to monitor pricing in real-time, streamline analysis, and make more confident pricing decisions. Key SOLVE products being made accessible include SOLVE Market Data, which leverages over 24 billion daily quotes, and SOLVE Px Predictive Pricing, which delivers machine learning-based pricing predictions for over 250,000 corporate and 1.1 million municipal bonds. Clients will also gain access to BWIC Monitoring for more informed pre-trade analysis.

By unifying these data sources, the partnership aims to reduce the need for manual data handling and to provide buy- and sell-side institutions with a comprehensive view that combines both contributed market data and AI-generated insight. Unlike solutions focused solely on quote aggregation, the SOLVE integration promises a deeper, more actionable view of bond behaviour across various liquidity conditions, building on the company’s mission to expand transparency across fixed income markets.

Canoe Intelligence and Prime Buchholz Expand Partnership for Enhanced Private Markets Intelligence

Canoe Intelligence and Prime Buchholz have expanded their strategic partnership to deliver a comprehensive private markets intelligence solution, designed to provide alternative investors with rapid insights into their portfolios by connecting best-in-class capabilities across document collection, validation, and analytics. The goal is to eliminate the manual handoffs that traditionally slow down alternatives workflows, making the process more efficient.

Investment, research, and data teams can leverage the solution to track performance metrics, analyse and project cash flows, and identify various exposures across their alternative investments. This builds upon Prime Buchholz’s multi-year adoption of the Canoe platform, which it has used to automate document collection and data processing for its approximately 250 institutional clients.

Deutsche Börse Group and Societe Generale Partner to Accelerate Tokenised Cash Integration

Deutsche Börse Group, Societe Generale Group, and Societe Generale – FORGE (SG-FORGE) have signed a partnership agreement to speed up the integration of token-based cash solutions with existing financial market infrastructure. The collaboration aims to drive the adoption of stablecoins within European digital markets, with SG-FORGE’s CoinVertible stablecoin being key to this effort. The integration of CoinVertible as a payment and settlement instrument will bolster both groups’ digital strategies and complement Deutsche Börse Group’s current service offerings.

The initial phase of the partnership will focus on strengthening CoinVertible’s collateral management structure and its usability as a settlement instrument within Clearstream, the post-trade business of Deutsche Börse Group. This includes its application for securities processes, collateral management, and treasury functions. CoinVertible’s liquidity is also set to improve through a new listing on Deutsche Börse Group’s digital trading platforms.

Future steps involve jointly assessing the integration of both the EUR and USD CoinVertible stablecoins across Deutsche Börse Group’s entire service portfolio. This will broaden the use cases for robust, MiCA-compliant stablecoins, making them natively suitable for financial institutions and the wider cryptocurrency industry.

Franklin Templeton Expands Benji Technology Platform onto Canton Blockchain

The Canton Network has announced that Franklin Templeton is expanding its Benji Technology Platform onto the Canton Blockchain. This integration aims to provide global institutional clients with seamless access to tokenised investment products. The move expands the availability of regulated, tokenised financial instruments on the network, reinforcing Canton’s position as a key blockchain for institutions.

The Benji Technology Platform is Franklin Templeton’s proprietary system designed to manage token-based investments. Using this platform, Franklin Templeton launched the first U.S.-registered mutual fund using blockchain technology in 2021. The firm now offers several on-chain tokenised investment products for various use cases, including retail, institutional, and collateral.

This integration also creates new opportunities for Canton’s Global Collateral Network. Participants, such as QCP, intend to use the platform as a new source of liquidity. This development highlights Canton’s ability to support interconnected traditional finance and digital asset markets while adhering to institutional regulatory and privacy standards.

Millennium bcp Partners with Murex to Enhance Market Risk Management

Millennium bcp, Portugal’s biggest private-owned bank, with operations also in Poland and Mozambique, has entered a strategic partnership with Murex, the trading and risk management solutions vendor. The bank will adopt Murex’s MX.3 platform to strengthen its market risk management capabilities and ensure compliance with the Fundamental Review of the Trading Book (FRTB).

The initiative will span the bank’s operations across all three countries, establishing a unified and robust risk framework. Murex will provide capabilities to monitor market risk across these geographies, covering the full spectrum of asset classes managed by the bank, including interest rates, foreign exchange, equities, credit, and derivatives.

This deployment is a key part of the bank’s risk transformation journey, aimed at aligning its oversight with global standards and enhancing operational efficiency. Implementation of the MX.3 platform is set to begin this year, with rollouts phased according to functional priorities.

Phillip Securities Selects Integral to Expand Institutional FX Offering

Singapore-based Phillip Securities has chosen US technology provider Integral to advance its institutional foreign exchange (FX) offering. Traditionally focused on the retail sector, Phillip Securities will use Integral’s pricing and distribution solutions to support its expansion into services for institutional market participants.

The integration will allow the firm to manage higher volumes of FX Contracts for Difference (CFDs), complementing its established equity CFD business. Integral’s technology provides real-time price feeds and streamlines price distribution to clients and other business entities within the PhillipCapital Group, such as Phillip Nova and Phillip Securities Japan.

Institutional clients will also gain access to Direct Market Access (DMA) trading, enabling faster and more transparent execution with direct market pricing across a wider variety of FX instruments. The scalability of the solution also allows Phillip Securities to incorporate additional FX instruments in the future.

Trading Technologies and TokWise Partner on European Energy Trade Execution

Trading Technologies (TT) has partnered with European technology firm TokWise to provide trade execution services. As of 1 November, users of TokWise’s portfolio management system can execute trades via the TT platform. The integration provides TokWise clients with high-speed connectivity to key European power exchanges, including EPEX and Nord Pool, for order routing and execution.

TokWise offers a power management system for institutional energy firms, featuring an AI-powered agent, GuardianTrade, to optimise trading strategies. It covers short-term day-ahead, intraday, and balancing markets, helping users manage risk and improve trading decisions.

By routing all execution through the TT platform, TokWise ensures its customers benefit from robust infrastructure and low-latency capabilities. The partnership allows TokWise to focus on its core AI-driven optimisation while TT provides the execution technology.

T. Rowe Price Adopts Genesis Solution to Streamline Primary Bond Issuance Workflow

Asset manager T. Rowe Price has deployed the Primary Bond Issuance (PBI) solution from Genesis Global, to manage corporate bond deal workflows. The system will aid T. Rowe Price’s fixed income teams optimise how they track and invest in deals throughout the bond lifecycle.

The Genesis solution provides a consolidated, real-time view of deals by aggregating data from multiple providers. It was customised for T. Rowe Price with an algorithm that automatically merges multiple data sources referencing the same deal into one composite record. The PBI solution also integrates with T. Rowe Price’s existing portfolio modelling and order management systems and uses chat functionality for team collaboration.

The new solution replaces a internally-built system and is being used by traders, analysts, and portfolio managers in Baltimore, Hong Kong, and London. It initially covers investment-grade corporate bonds, but T. Rowe Price expects to extend it to high-yield and emerging-market corporate bonds shortly.

EuroCTP Selects BMLL to Provide Data Quality Calibration for EU Consolidated Tape Initiative

BMLL, the provider of historical data and analytics, has been selected to support EuroCTP as part of the European Union’s Consolidated Tape initiative for equities. The collaboration will focus on ensuring the high quality of data provided by the service.

The partnership will allow EuroCTP to validate its data quality control designs and calibrate the necessary thresholds and parameters before its potential launch. BMLL’s data scientists and analytics tools will help EuroCTP overcome the historical data challenges often associated with launching a new data product.

BMLL will provide EuroCTP with access to its data sets, which cover more than 100 trading venues. The company will also share its expertise to support EuroCTP in its goal of delivering a fully mature product by mid-2026.

Avelacom and A-Field Tech Partner on Integrated Low Latency Solutions for APAC Trading Firms

Avelacom, the low latency network solutions provider, and A-Field Tech, the low-latency computing and cloud networking provider, have announced a strategic partnership, aiming to deliver fully integrated network and computing solutions to proprietary trading firms in the Asia-Pacific region, particularly those trading crypto.

By combining Avelacom’s optimised fibre and microwave networks with A-Field Tech’s edge computing nodes and cloud expertise, the partnership promises to reduce latency and to speed up data processing, factors critical for algorithmic trading in crypto markets.