Katana today announced that our universe of analyzed bonds has expanded to cover 30,000 US, European and Emerging Markets bonds alongside European government and agency bonds using best-in-class live market data from IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions.
With an accuracy of 91%, Katana uses machine learning algorithms and the latest big data technologies to analyze live and up to 10 years of historical data from IHS Markit to detect reverting dislocations and reveal relative value insights for up to 200 million bond pairs over six different universes.
The independent evaluated bond pricing, reference and liquidity data from IHS Markit enables Katana to separate signals from the noise to deliver unbiased market intelligence, enabling investors to optimize their holdings and secure alpha. Portfolio managers and traders can monitor their holdings or watchlists to identify actionable opportunities and see broader trends in the market faster and more precisely.
As part of its methodology, IHS Markit combines the expertise of evaluators in four global locations with proprietary algorithms that identify live pricing data in bond markets. For liquidity, IHS Markit measures a live range of market-driven metrics, including bid/offer spreads, quote volumes, unique price points and trade reporting.
Nathan Kirk, executive director, fixed income strategy at IHS Markit said: “Katana is a revolutionary platform for discovering trends and distinct trade ideas across the global bond market. There is a great deal of excitement about Katana’s practical application of advanced machine learning to uncover fixed income trading signals. With expanded coverage using award-winning bond pricing, reference and liquidity data from IHS Markit, users are gaining additional authoritative insight that can strengthen their competitive advantage”.
Santiago Braje, founder and CEO of Katana said: “This data partnership will transform what we can deliver to our clients. By integrating the independent pricing and transparency data from IHS Markit, Katana can now provide customised relative value insights and trade ideas for bonds across North America, Europe and APAC as well as Emerging Markets. In doing so we become a significant global player and, I believe, the leading relative value insights tool in the bond market”.
IHSMarkit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth. www.ihsmarkit.com