BondIT Global joins BNY Mellon Accelerator Program to develop next-generation technology for financial advisors
BondIT Global, a provider of fixed income technology, has been selected to take part in BNY Mellon’s Accelerator Program.
The programme works with innovative technology companies to create cutting-edge solutions that support BNY Mellon’s clients and the global financial industry.
During the six-month project, BondIT will collaborate with professionals across BNY Mellon to create next-generation technology for advisory businesses, helping them to automate crucial parts of the investment process and to mass customise their services.
“We look forward to working with BNY Mellon to develop new digital solutions for their clients. Being selected to this Accelerator is a testament to the relevance of our technology for the financial advisor community,” says Etai Ravid, CEO of BondIT Global. “Smart technologies are more important than ever to help advisors provide customised products and superior client engagement, while increasing efficiency and scale.”
“BNY Mellon’s Accelerator Program seeks out the best and brightest technology companies to build the most innovative solutions,” says Adam Levine, Co-Head of Digital Partnerships and Co-Founder of BNY Mellon’s Accelerator Program. “We are delighted to have BondIT on board and to collaborate with them to create world-class technology for our clients and our communities.”
BondIT has developed a unique platform to automate and optimise fixed-income portfolio construction, management and research. With BondIT’s scalable technology, financial advisors can generate dynamic portfolio proposals in real time, swiftly optimise portfolios and provide clients with detailed analytics and reporting. The platform leverages explainable AI across the entire portfolio lifecycle, empowering users to anticipate changes in credit risk and spot investment opportunities ahead of the market.
As part of the accelerator project, BondIT will further refine its technology and add new features, including live pricing and liquidity data, to its platform.