Quick Find:
Primary markets technology mapping
ICMA has launched a comparative mapping of electronic primary bond markets solutions. The ICMA primary markets technology mapping directory compares the key features and capabilities of over 20 technology solutions that are available for a range of functions within the issuance process of debt securities.

Fixed income primary markets are evolving, and technology is playing an increasingly important role in the issuance process of debt securities. Building on ICMA’s work in relation to electronification in primary bond markets, the directory’s purpose is to inform ICMA members of existing and emerging platforms and technology solutions, and thereby create greater transparency. This initiative complements ICMA’s mappings of Electronic Trading Platforms as well as FinTech solutions for repo and cash bond operations.

This unique mapping exercise explains what platforms or technology solutions are available and at what stage of the issuance process they can be used, whether they are aimed at underwriters, investors, issuers or others. It provides information on the scope of debt instruments, and what issuance methods the technology solutions apply to, amongst other features. The mapping also includes emerging platforms using distributed ledger technology which are expected to go live in the near future.
 
Whilst the mapping directory currently covers more than 20 technology solutions in total, it does not constitute an exhaustive list of providers in the market. It will be updated on a regular basis to include other existing or new solutions. Relevant providers that are not yet covered by the mapping directory and wish to join are very welcome to do so.


Download the ICMA primary markets technology mapping directory
(last update: 31 May 2019)


Scope
  • This directory focuses on available and emerging solutions in primary bond markets.
  • The mapping directory compares the capabilities of the different providers, but it does not provide any information on volume or market share.
  • All providers responded in their own words. ICMA did not modify any wording provided by the providers participating in this directory.
  • ICMA does not endorse any particular solution or provider. The mapping directory is for reference only and will be updated as and when necessary.
  • The providers will be responsible for sending updates to ICMA. The table will be updated as close to real time as possible.

Legal Disclaimer:


The information and content provided herein have been prepared and provided by third-parties. This information is provided by ICMA for information purposes only and should not be relied upon as legal, financial or other professional advice. While the information contained herein is taken from sources believed to be reliable, ICMA does not represent or warrant that it is accurate or complete and neither ICMA nor its employees shall have any liability arising from or relating to the use of this publication or its contents.




Contacts:

Gabriel Callsen
Director, Market Practice and Regulatory Policy
Direct line: +44 20 7213 0334
EMAIL | DOWNLOAD BUSINESS CARD