Herzliya, Israel/ New York City, US, 7 April 2021 — BondIT Global, an independent provider of fixed income technology, has been selected to take part in BNY Mellon’s Accelerator Program. The program works with innovative technology companies to create cutting-edge solutions that support BNY Mellon’s clients and the global financial industry.
During the six-month project, BondIT will collaborate with professionals across BNY Mellon to create next-generation technology for advisory businesses, helping them to automate crucial parts of the investment process and to mass customize their services.
“We look forward to working with BNY Mellon to develop new digital solutions for their clients. Being selected to this Accelerator is a testament to the relevance of our technology for the financial advisor community” said Etai Ravid, CEO of BondIT Global. “Smart technologies are more important than ever to help advisors provide customized products and superior client engagement, while increasing efficiency and scale.”
“BNY Mellon’s Accelerator Program seeks out the best and brightest technology companies to build the most innovative solutions,” said Adam Levine, Co-Head of Digital Partnerships and Co-Founder of BNY Mellon’s Accelerator Program. “We are delighted to have BondIT on board and to collaborate with them to create world-class technology for our clients and our communities.”
BondIT has developed a unique platform to automate and optimize fixed-income portfolio construction, management and research. With BondIT’s scalable technology, financial advisors can generate dynamic portfolio proposals in real time, swiftly optimize portfolios and provide clients with detailed analytics and reporting. The platform leverages explainable AI across the entire portfolio lifecycle, empowering users to anticipate changes in credit risk and spot investment opportunities ahead of the market.
As part of the accelerator project, BondIT will further refine its technology and add new features, including live pricing and liquidity data, to its platform.
BondIT Global provides next-generation fixed income technology. Our scalable technology platform leverages machine learning and data science techniques, empowering portfolio managers and financial advisors to automate and optimize their fixed income portfolio construction, management and research. Thanks to the integration of Scorable’s credit research platform in 2020, investors can anticipate changes in corporate credit risk and spot investment opportunities ahead of the market. The platform allows for the seamless onboarding of internal models as well as downstream connectivity to existing portfolio management and trading systems. BondIT is privately owned and data-agnostic, paving the way for financial institutions of all sizes to integrate via APIs and power their investment technologies.