Euroclear, the Brussels based international central securities depository (ICSD), has launched a new data service, offering liquidity analysis on all fixed income instruments settled within the CSD.
Euroclear LiquidityDrive is expected to provide valuable insights into asset liquidity and volume fluctuations, enabling market participants to improve their research intelligence in the areas of pre and post-trade analysis and reporting.
The data service combines executed trade settlement data with custody activity data.
Edwin De Pauw, head of data services and innovation at Euroclear, comments: “The launch of Euroclear LiquidityDrive reflects the way Euroclear looks at innovation. As a financial market infrastructure with a track record of providing high quality settlement services to the world’s leading financial institutions, we are well positioned to provide a value add solution to increase transparency and efficiency in the market.”
“We have worked together with the industry to define the features of our new product and we are excited to help our clients unlock liquidity in global fixed income markets,” he adds.
Last month, Euroclear launched a new asset class, Origami bonds, in collaboration with the Japanese capital market.
