FinTech FinMason has launched the first phase of its fixed income analytics offering for the retail wealth management and asset management communities.
The FinTech firm provides investment analytics tools designed to empower WealthTech platforms to accelerate development and reduce time-to-market. FinMason said the new suite of analytics will cover all publicly-traded sovereign, corporate and supranational fixed income securities worldwide.
“Fixed income analytics have historically been prohibitively difficult and expensive to develop,” said Saeid Hoseinzade, head of fixed income at FinMason. “The calculations are computationally intense and require enormous amounts of data for millions of securities. We are leveraging the power of FinMason’s modern calculation platform to overcome these obstacles and deliver affordable, yet comprehensive and accurate fixed income analytics in an accessible way.”
The first phase of the rollout will provide WealthTech platforms easy access to more than 30 analytics on the entire global sovereign and corporate universes – more than half a million bonds issued by 130 countries in 119 distinct currencies.
“Personally, I’m most excited by the applications in the retail wealth space,” said Kendrick Wakeman, CEO of FinMason. “Given how inaccessible robust fixed income analytics have been, many retail wealth platforms have had to improvise and settle for less accurate methods of analysing their fixed income investments. This product allows them to quickly, easily, and affordably incorporate real fixed income analytics into their platforms to give their clients a true picture of their portfolios.”
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