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Tradeweb and Coremont Collaborate to Advance Fixed Income Execution Workflows​

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Tradeweb Markets (Nasdaq: TW) has announced a strategic collaboration with Coremont to integrate Tradeweb's global fixed income execution workflows into Coremont's Clarion platform. The integration aims to enhance fixed income trading workflows for buyside professionals by providing Coremont clients access to Tradeweb's execution capabilities, initially focusing on global swaps markets.

The collaboration represents a significant step towards digitizing complex manual workflows for hedge funds and asset managers. Coremont's Clarion platform, a leading portfolio management solution, will benefit from Tradeweb's comprehensive execution capabilities, bringing greater connectivity, flexibility, and liquidity to these markets.

Tradeweb Markets (Nasdaq: TW) ha annunciato una collaborazione strategica con Coremont per integrare i flussi di lavoro globali di esecuzione dei titoli a reddito fisso di Tradeweb nella piattaforma Clarion di Coremont. L'integrazione mira a migliorare i flussi di lavoro di trading dei titoli a reddito fisso per i professionisti del buyside, offrendo ai clienti di Coremont accesso alle capacità di esecuzione di Tradeweb, concentrandosi inizialmente sui mercati globali degli swap.

La collaborazione rappresenta un passo significativo verso la digitalizzazione di flussi di lavoro manuali complessi per fondi hedge e gestori patrimoniali. La piattaforma Clarion di Coremont, una soluzione leader nella gestione del portafoglio, trarrà vantaggio dalle complete capacità di esecuzione di Tradeweb, offrendo maggiore connettività, flessibilità e liquidità a questi mercati.

Tradeweb Markets (Nasdaq: TW) ha anunciado una colaboración estratégica con Coremont para integrar los flujos de trabajo globales de ejecución de renta fija de Tradeweb en la plataforma Clarion de Coremont. La integración tiene como objetivo mejorar los flujos de trabajo de trading de renta fija para los profesionales del buyside, proporcionando a los clientes de Coremont acceso a las capacidades de ejecución de Tradeweb, enfocándose inicialmente en los mercados globales de swaps.

La colaboración representa un paso significativo hacia la digitalización de flujos de trabajo manuales complejos para fondos de cobertura y gestores de activos. La plataforma Clarion de Coremont, una solución líder en gestión de carteras, se beneficiará de las completas capacidades de ejecución de Tradeweb, aportando mayor conectividad, flexibilidad y liquidez a estos mercados.

Tradeweb Markets (Nasdaq: TW)는 Coremont와 전략적 협력을 발표하여 Tradeweb의 글로벌 고정 수익 실행 워크플로우를 Coremont의 Clarion 플랫폼에 통합합니다. 이 통합은 Coremont 고객에게 Tradeweb의 실행 기능에 대한 접근을 제공함으로써 매수 측 전문가를 위한 고정 수익 거래 워크플로우를 향상시키는 것을 목표로 하며, 초기에는 글로벌 스왑 시장에 집중합니다.

이번 협업은 헤지 펀드 및 자산 관리자들을 위한 복잡한 수동 워크플로우의 디지털화에 중요한 발걸음을 내디뎠습니다. Coremont의 Clarion 플랫폼은 포트폴리오 관리 솔루션의 선두주자로서 Tradeweb의 포괄적인 실행 기능의 혜택을 누리며, 이러한 시장에 더 큰 연결성, 유연성 및 유동성을 제공합니다.

Tradeweb Markets (Nasdaq: TW) a annoncé une collaboration stratégique avec Coremont pour intégrer les flux de travail d'exécution des titres à revenu fixe mondiaux de Tradeweb dans la plateforme Clarion de Coremont. L'intégration vise à améliorer les flux de travail de trading des titres à revenu fixe pour les professionnels de l'acheteur, en offrant aux clients de Coremont un accès aux capacités d'exécution de Tradeweb, en se concentrant initialement sur les marchés mondiaux des swaps.

Cette collaboration représente une étape significative vers la numérisation de flux de travail manuels complexes pour les fonds spéculatifs et les gestionnaires d'actifs. La plateforme Clarion de Coremont, une solution de gestion de portefeuille de premier plan, bénéficiera des capacités d'exécution complètes de Tradeweb, apportant une plus grande connectivité, flexibilité et liquidité à ces marchés.

Tradeweb Markets (Nasdaq: TW) hat eine strategische Zusammenarbeit mit Coremont angekündigt, um die globalen Ausführungs-Workflows für festverzinsliche Wertpapiere von Tradeweb in die Clarion-Plattform von Coremont zu integrieren. Die Integration zielt darauf ab, die Handelsabläufe für festverzinsliche Wertpapiere für Buyside-Profis zu verbessern, indem Coremont-Kunden Zugang zu Tradewebs Ausführungskapazitäten erhalten, wobei der Fokus zunächst auf den globalen Swapsmärkten liegt.

Die Zusammenarbeit stellt einen bedeutenden Schritt in Richtung Digitalisierung komplexer manueller Workflows für Hedgefonds und Vermögensverwalter dar. Die Clarion-Plattform von Coremont, eine führende Portfolio-Management-Lösung, wird von Tradewebs umfassenden Ausführungskapazitäten profitieren und so eine größere Konnektivität, Flexibilität und Liquidität in diese Märkte bringen.

Positive
  • Strategic partnership enhances Tradeweb's market reach through integration with Coremont's Clarion platform
  • Expansion of digital execution capabilities in the global swaps market
  • Potential for increased trading volume through new client access
Negative
  • None.

Insights

This strategic collaboration between Tradeweb and Coremont marks a significant advancement in fixed income market infrastructure, particularly targeting the $1 trillion+ daily global swaps market. The integration represents more than just a technical partnership - it's a calculated move to capture greater market share in the rapidly evolving electronic trading landscape.

The integration into Coremont's Clarion platform is strategically important for several reasons:

  • By embedding its execution capabilities directly into Coremont's portfolio management system, Tradeweb creates a 'sticky' relationship with institutional clients, potentially increasing trading volumes and market share
  • The partnership strengthens Tradeweb's competitive position against key rivals like MarketAxess and Bloomberg by expanding its distribution network through Coremont's established client base
  • The focus on global swaps markets initially suggests a phased approach, likely expanding to other fixed income products, which could drive incremental revenue growth

From a market infrastructure perspective, this integration addresses a critical pain point in fixed income trading workflows. The automation of manual processes can significantly reduce operational risks and transaction costs for buy-side firms, potentially leading to increased trading volumes on Tradeweb's platform.

The collaboration also positions Tradeweb advantageously in the ongoing electronification of fixed income markets. As institutional investors increasingly demand seamless integration between their portfolio management systems and execution venues, first-mover advantages in establishing such partnerships become important for capturing market share.

NEW YORK & LONDON--(BUSINESS WIRE)-- Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today 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.”

About Tradeweb Markets

Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets. Founded in 1996, Tradeweb provides access to markets, data and analytics, electronic trading, straight-through-processing and reporting for more than 50 products to clients in the institutional, wholesale, retail and corporates markets. Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations. Tradeweb serves more than 3,000 clients in more than 85 countries. On average, Tradeweb facilitated more than $2.2 trillion in notional value traded per day over the past four fiscal quarters. For more information, please go to www.tradeweb.com.

About Coremont

Coremont provides institutional class portfolio management software, delivering live risk, P&L and rich analytical tools to asset managers across all asset classes including FX, rates, credit, fixed income, equities and commodities, through its flagship platform, Clarion. Clarion is powered by proprietary pricing models and analytics libraries, offering market-leading capabilities in derivatives modelling, expertly curated by a seasoned team of quantitative specialists and risk professionals. With offices in London, Connecticut and Hong Kong, Coremont helps clients worldwide enhance their investment decision-making and risk management processes. Information on Coremont’s services is available at www.coremont.com.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of the federal securities laws. Statements related to, among other things, our outlook and future performance, the industry and markets in which we operate, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions and future events are forward-looking statements.

We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors, including those discussed under the heading “Risk Factors” in the documents of Tradeweb Markets Inc. on file with or furnished to the SEC, may cause our actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements contained in this release are not guarantees of future events or performance and future events, our actual results of operations, financial condition or liquidity, and the development of the industry and markets in which we operate, may differ materially from the forward-looking statements contained in this release. In addition, even if future events, our results of operations, financial condition or liquidity, and events in the industry and markets in which we operate, are consistent with the forward-looking statements contained in this release, they may not be predictive of events, results or developments in future periods.

Any forward-looking statement that we make in this release speaks only as of the date of such statement. Except as required by law, we do not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release.

Tradeweb Media Contacts:

Daniel Noonan

+1 646 767 4677

Daniel.Noonan@Tradeweb.com

Savannah Steele

+1 646 767 4941

Savannah.Steele@Tradeweb.com

Tradeweb Investor Contacts:

Ashley Serrao

+1 646 430 6027

Ashley.Serrao@Tradeweb.com

Sameer Murukutla

+1 646 767 4864

Sameer.Murukutla@Tradeweb.com

Coremont Media Contacts:

Greg Henry

Gregory.Henry@coremont.com

+1 475 550 7016

Layal Jaber

Layal.Jaber@coremont.com

+44 207 965 9771

enquiries@coremont.com

+44 207 965 9500

Source: Tradeweb Markets Inc.

FAQ

What is the purpose of Tradeweb's collaboration with Coremont?

The collaboration aims to integrate Tradeweb's global fixed income execution workflows into Coremont's Clarion platform, enhancing trading workflows for buyside professionals and providing access to Tradeweb's execution capabilities.

Which markets will be initially covered in the Tradeweb-Coremont integration?

The integration will initially focus on global swaps markets.

How will the TW-Coremont partnership benefit asset managers and hedge funds?

The partnership will help transform complex manual workflows into fully digitized processes, providing greater connectivity, flexibility, and liquidity in fixed income trading.

What platform will integrate Tradeweb's fixed income execution capabilities?

Tradeweb's fixed income execution capabilities will be integrated into Coremont's Clarion platform, which is a portfolio management solution for asset managers and hedge funds.

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