MSCI and MarketAxess Holdings have partnered to create portfolio analytics solutions and co-branded fixed income indexes, incorporating MarketAxess liquidity data.
As part of the mandate, MSCI plans to integrate MarketAxess’ artificial intelligence-powered pricing and liquidity measures, including relative liquidity score and tradability, into MSCI’s portfolio construction analytics tools and fixed income indexes.
MarketAxess also plans to leverage MSCI’s ESG ratings to identify and create more liquid and sustainable fixed income portfolios for its global institutional clients.
The news comes one month after MarketAxess selected DataBP, the data licensing and commercial management platform, to support and automate its data licensing and post-sales processes.
Commenting on the partnership with MarketAxess, Henry Fernandez, chairman and CEO of MSCI, says: “As bond markets continue to evolve beyond over-the-counter trading coupled with compressed management fees, investors seek to effectively analyse and index fixed income securities.
“MSCI’s strategic collaboration with MarketAxess will empower investors with portfolio analytics and index products, in addition to offering them tools and robust datasets in growing areas of interest, namely ESG.”
Rick McVey, chairman and CEO of MarketAxess, comments: “As our clients reimagine the benefits of using electronic trading solutions, we see great value in using our proprietary liquidity data to enhance MSCI’s proprietary portfolio construction tools and market leading index platform.”
