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Arcesium integrates MarketAxess data

Arcesium has expanded its integration with MarketAxess to provide hedge funds, institutional asset managers and capital markets firms with improved access to fixed income pricing, liquidity and transaction data across investment and operational workflows. Announced on 7 October, the integration brings MarketAxess CP+ algorithmic pricing and TraX market data into Arcesium’s Aquata data platform…

Arcesium has broadened its partnership with MarketAxess to offer hedge funds, institutional managers, and capital market firms enhanced access to fixed income pricing, liquidity, and transaction data. Introduced on October 7, the integration incorporates MarketAxess CP+ algorithmic pricing and TraX market data into Arcesium's Aquata data platform and Opterra operating system. This connection streamlines front-, middle-, and back-office operations, enhancing data consistency and precision.

MarketAxess CP+ employs artificial intelligence to generate pricing for global credit and interest-rate markets. TraX provides daily trading volumes and transaction data for over 42,000 fixed income instruments. Together, these tools facilitate liquidity analysis, price discovery, relative-value assessments, and risk management without necessitating firms to create custom integrations.

Alex Dobson, Arcesium's senior vice president and head of product, stated that the integration enables investment teams to access market intelligence alongside operational data within a unified environment. This capability empowers teams to react swiftly to shifting pricing and liquidity conditions.

Ena Gordon, MarketAxess' head of data and analytics product, added that the partnership provides clients with a dependable source of fixed income trading and operational information as markets grow more intricate. The announcement follows Arcesium's existing collaboration with MarketAxess. Since June 2024, Arcesium has integrated MarketAxess Repo Match into its Opterra platform, enabling clients to submit repurchase agreement trades directly for matching against counterparty confirmations.

The integration also covers lifecycle events such as rate changes and trade close-outs, facilitating automated record updates, quicker exception resolution, and straight-through processing. MarketAxess Repo Match links 127 buy-side and sell-side firms and handles an average daily matched volume of over $700 billion. Arcesium's Opterra platform consolidates investment operations across the firm's front, middle, and back offices, including position management, reporting, accounting, treasury, and reconciliation.

It serves hedge funds, conventional asset managers, private market funds, and capital markets businesses.

Written by urgent.news from Hedgeweek's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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