Millennium Advisors has partnered with fastened source of revenue device answers supplier Investortools to streamline workflows for municipal bond funding managers via digitisation.
Laurent Paulhac
To deal with the manually extensive workflow, Millennium will attach at once to the Investortools Broker Community and supply real-rime pricing and business execution functions.
“Millennium prides itself on offering aggressive, clear pricing. This partnership with Investortools will permit those counterparties to extra simply transact and set up municipal bonds inside of their one by one controlled accounts. Because of this, this collaboration is a win-win for all trade individuals,” asserted Laurent Paulhac, leader govt of Millennium.
The mixing is about to streamline the buying and selling procedure via providing a unmarried machine for managing transactions.
Throughout the partnership, Millennium will probably be totally featured as an digital buying and selling package deal for straight-through-processing. It’s going to permit customers to boost, bid, counter and obtain allocation main points electronically at once inside of Investortools’ device.
Learn extra: Investortools Broker Community integrates Tradeweb Ai-Value for municipal bonds
James Morris, senior vp at Investortools, mentioned: “Millennium’s aggressive and distinctive choices align rather well with the calls for of the marketplace, in particular within the SMA area. With a right away connection to a consumer’s e book, marketplace individuals can scale their operations by way of integrating incoming marketplace knowledge at once into their automation routines.”
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