BondHawk Systems unveiled BondHawk Trader, a fixed income platform for buyside and sellside firms. The system boasts real-time position management, risk, and order management for traders, asset managers, and salespeople.
BondHawk Trader features the tools and flexibility modern fixed income firms demand,according to company claims. The new system prevents violations of regulations, firm rules, and customer instructions before they occur.
The fixed income solution features an a la carte pricing model and Software-as-a-Service delivery model that aims to lower the Total Cost of Ownership (TCO) by up to 40 percent, according to BondHawk Trader.
We are very excited about the launch of BondHawk Trader, said Steve Auerbach, president and CEO of BondHawk Systems. New and upcoming regulations demand fast, accurate trade execution and reporting. BondHawk Trader delivers these, along with connectivity and innovative fixed income functionality. Customers can choose the level of functionality they want. The result is a much lower monthly bill.
Auerbach continued, We encourage people to go towww.BondForums.comfor an ongoing discussion on trading, regulation, and other topics of interest to the fixed income community.