Bank participants grow to 42 with addition of Standard Chartered
LONDON–(BUSINESS WIRE)–IHS
Markit (Nasdaq: INFO), a world leader in critical information,
analytics and solutions, today announced that the number of buy side
firms participating in Investor
Access has more than doubled over the last year to 320 institutions
and now includes seven of the top 10 global fixed income investors by
AUM.
Investor Access connects investors and banks on a global independent
electronic platform for new issuance in capital markets, covering
distribution of deal terms and communication of orders and allocations.
Investor Access was used in 93% of Euro, Sterling and Nordic currency
Investment Grade new issues globally and 63% of all US Dollar deals in
Asia during 2019 to date. Several US domestic deals have also been
published over Investor Access. Order placement by investors globally
via Investor Access rose by almost 400% in Q1 2019 versus Q1 2018.
In addition to growing buy side users, the number of banks on the
platform has also rapidly expanded to reach 42 with the recent addition
of Standard Chartered.
“We’re pleased to join the Investor Access network,” said Spencer
Maclean, Global Head of Bond Syndicate at Standard Chartered. “The
platform keeps the banks and the investors at the heart of the capital
markets execution process but helps modernize some of the key workflows.”
“Standard Chartered, with its significant presence in key global
markets, brings further momentum to Investor Access,” said Duncan
Phillips, Global Head of Capital Markets at IHS Markit. “As the network
grows, sell side and buy side participants experience more of the
benefits of the electronic paradigm – efficiency, accuracy and
transparency.”
“Looking forward, we’re now working to expand the platform further into
other geographies and asset classes and by integrating the wealth of
data from across the broader IHS Markit business,” Phillips said.
The Investor Access initiative is the result of collaboration between an
initial group of 11 banks which has now expanded to 42 participating
banks including ABN AMRO, BBVA, BNP Paribas, CM-CIC, Commerzbank, Crédit
Agricole CIB, Danske, DZ BANK AG, Goldman Sachs, HSBC, ING, Mizuho,
MUFG, Natixis, NatWest Markets, Santander, Société Générale Corporate
Investment & Banking, UBS and UniCredit.
The platform comprises IssueLaunch (used by the sell side) and Deal
Monitor (used by the buy side) and builds on IHS Markit’s existing
fixed-income suite, including IssueBook (used by over 100 banks) and
IssueNet (used by over 170 banks).
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information,
analytics and solutions for the major industries and markets that drive
economies worldwide. The company delivers next-generation information,
analytics and solutions to customers in business, finance and
government, improving their operational efficiency and providing deep
insights that lead to well-informed, confident decisions. IHS Markit has
more than 50,000 business and government customers, including 80 percent
of the Fortune Global 500 and the world’s leading financial
institutions. Headquartered in London, IHS Markit is committed to
sustainable, profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its
affiliates. All other company and product names may be trademarks of
their respective owners © 2019 IHS Markit Ltd. All rights reserved.
Contacts
News Media Contact:
Joanna Vickers
IHS Markit
+44
207 260 2234
[email protected]
Press
Team
+1 303 858 6417
[email protected]
