Tradeweb Markets, a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, announced a strategic collaboration with Coremont, a premier provider of cloud-based portfolio management software and multi-asset class analytics.

Tradeweb and Coremont have joined forces with plans to integrate Tradeweb’s global fixed income execution workflows into Coremont’s Clarion platform, a leading portfolio management solution for asset managers and hedge funds. The integration aims to enhance fixed income trading workflows for buyside professionals by providing Coremont clients with access to Tradeweb’s comprehensive execution capabilities, initially for global swaps markets.

Enrico Bruni, Managing Director, Co-Head of Global Markets, at Tradeweb, said: “Our collaboration with Coremont reflects our focus on supporting innovation that accelerates the shift from complex manual workflows to fully digitized processes for hedge funds and leading asset managers globally. We look forward to supporting the Coremont team in maximizing the potential of their portfolio management solution and enhancing trading workflows for their clients.”

Jev Mehmet, CEO at Coremont, said: “As a global leader in electronic trading, Tradeweb brings unmatched expertise in driving automation and digitization across markets, perfectly complementing Coremont’s technology-driven strategy. We are excited about the significant opportunities this collaboration can unlock and look forward to leveraging Tradeweb’s insights to bring greater connectivity, flexibility and liquidity to these markets.”

Source: Tradweb