Mosaic Smart Data and Euroclear Launch Smart Markets

Mosaic Smart Data has launched a new data intelligence service, Smart Markets, using Euroclear’s fixed income data, including government and corporate bonds, and says 45 institutions have signed up as initial participants, with more to be added

The firms claim the launch marks “a new era for data in capital markets”, transforming Euroclear’s data into insights that participants can easily interpret and use to detect market movements, enhance trading models and build informed strategies.

The service leverages Mosaic’s AI and machine learning technology, and has been developed by Mosaic’s data scientists in response to what it says is the demand from institutions such as banks, central banks, debt management offices (DMOs), corporate treasurers, buy-side trading firms and hedge funds for increasingly sophisticated data-driven insights.

It adds that demand for market data from financial institutions is booming with the market growing 12.4% in 2023 to a record $42.0 billion, according to a recent survey. Data quality and the ability to interpret big data has become increasingly critical, Mosaic continues, observing that Smart Markets answers this call by bringing together raw data from market sources such as Euroclear, which is then enriched, normalised and automatically analysed.

“The result for FICC market participants is access to a highly intuitive, multi-asset service that unlocks new depths of understanding in the markets and products that are important to them,” the firm states, adding this enables firms to enhance their trading models, build informed market strategies, strengthen their investment and research intelligence and improve post-trade analysis and reporting.

“By harnessing the scale and depth of Euroclear’s post trade ecosystem, which in 2023 settled the equivalent of more than 1 quadrillion of securities transactions, Smart Markets is able to provide trading firms with a true picture of fixed income activity including government and corporate bond markets,” says Philippe Laurensy, head of product, strategy and innovation at Euroclear. “As a financial market infrastructure with a track record of providing high quality settlement services to the world’s leading financial institutions, we are well positioned to drive innovation in the industry and to improve efficiency in the market as a whole.”

Matthew Hodgson, CEO and founder of Mosaic Smart Data, adds, “Mosaic has been at the leading edge of data analytics for capital markets since our inception, and the launch of Smart Markets takes our offering to the next level, introducing a new category of data product. Leveraging comprehensive, high quality transaction data from best-in-class providers such as Euroclear and running it through our proven models gives participants the insights at their fingertips to truly understand market behaviour and make more informed trading decisions. We have a healthy pipeline of additional data providers and look forward to continuing to expand the Smart Markets offering following launch.”