Broadridge’s LTX launched AI tool for fixed income, BondGPT+

Rick Steves

The application is designed to fit seamlessly into clients’ existing workflows, including trading systems, through a robust API suite.

LTX— a subsidiary of global fintech leader Broadridge Financial Solutions— has unveiled BondGPT+, an enterprise-grade application designed to help users navigate the complexities of the corporate bond market.

The launch comes just months after the successful debut of BondGPT, and this next iteration aims to set a new industry standard in the realm of generative AI solutions.

BondGPT+ integrates enterprise data and third-party datasets

“BondGPT+ not only meets our clients’ enterprise requirements, but also sets a new standard for generative AI solutions in the financial industry by providing a single natural language interface for seamless access to much of the data used by busy fixed income professionals,” said Jim Kwiatkowski, CEO of LTX.

One of the standout features of BondGPT+ is its ability to securely integrate enterprise data and third-party datasets, offering financial professionals a streamlined approach to accessing critical information. The application is designed to fit seamlessly into clients’ existing workflows, including trading systems, through a robust API suite.

Moreover, BondGPT+ goes beyond a one-size-fits-all approach by offering a high degree of user-level customization. Users can tailor their experience by setting preferences, such as focusing only on high-yield bonds above a certain credit rating. This customization extends to the BondGPT+ dashboard, where questions of critical importance can be saved as “favorites” and scheduled to run at specific times or when key data changes.

Easier access to the mountains of disparate data

In an era where data breaches and misinformation can have dire consequences, BondGPT+ emphasizes security and accuracy. The application builds upon the secure and accurate design of its predecessor, BondGPT, which was purpose-built for institutional fixed income users. BondGPT+ leverages verified, curated data sources and includes explainable AI features that allow for greater transparency in how it generates responses.

The application also focuses on control and governance, with features designed for system administrators and compliance officers. The Admin Center allows for the configuration of data access at both the user and firm levels, and the AI-powered compliance layer allows for the addition of custom rules, giving companies a significant edge in risk management.

“Generative AI has the potential to transform the financial services industry by bringing unparalleled efficiencies to core operations,” said Jean Sullivan of Celent. “LTX is helping market participants make smarter, more streamlined decisions through easier access to the mountains of disparate data they deal with every day.”

As AI continues to disrupt traditional financial services, BondGPT+ appears poised to become a game-changer in the evolving landscape of fintech solutions, providing a potent blend of customizability, security, and operational efficiency.

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