Steps Ahead

Mosaic Smart Data launches data analytics service for evolving credit market

London, 11th October 2022

Mosaic Smart Data (Mosaic), the real-time capital markets data analytics company, has enhanced its next generation data analytics platform to support a wide range of credit instruments, such as corporate and high yield bonds, alongside its existing rates and FX offering.

This new credit addition is currently being used by SMBC Nikko Capital Markets and is also in pilot with a number of other leading financial institutions.

Much of the global credit market, in particular corporate bonds, has traditionally been voice traded – but in recent years the market has seen a rapid evolution to electronic channels. As banks continue to reengineer their operations, they are seeking digital tools to enable them to modernise their workflow and drive higher productivity.

Launched in response to significant customer demand, Mosaic’s new credit offering provides a suite of cutting-edge data analytics tools that enable banks to leverage the vast untapped pool of transaction and market data at their disposal.

The platform aggregates all credit transaction data from across the organisation as well as external sources, normalising it and applying machine learning and advanced AI to extract actionable insight from it. The net result for the bank is its staff has longer, more meaningful and hyper-personalised conversations with clients that ultimately lead to deeper relationships and more profitable trades.

In addition to real-time data analysis, the Mosaic platform offers custom alerts and automated reporting, seasonality alerts, flow insights, client defection alerts, profitability-based insights, and anomaly detection.

Matthew Hodgson, CEO and founder of Mosaic Smart Data, said: “We have successfully helped many leading global banks support the digitisation of their FICC trading operations with cutting edge analytics tools, and now we are turning our attention to a market that has typically been resistant in the face of modernisation. We are delighted to have been chosen by SMBC Nikko Capital Markets to enable its global fixed income team to harness the power of data to enhance sales and trading performance, setting a new standard for the industry.

Robert Balch, Head of Fixed Income EMEA at SMBC Nikko Capital Markets said: “At SMBC Nikko, our driving ambition is to place customers at the centre of everything we do. Mosaic empowers us to deliver a highly personalised service and drives a data-driven culture which future proofs our business. Leveraging the best market leading digital solutions, Mosaic Smart Data’s addition of real time credit analytics became an obvious choice.”

Matthew Hodgson, CEO and founder of Mosaic Smart Data, said: “We have successfully helped many leading global banks support the digitisation of their FICC trading operations with cutting edge analytics tools, and now we are turning our attention to a market that has typically been resistant in the face of modernisation. We are delighted to have been chosen by SMBC Nikko Capital Markets to enable its global fixed income team to harness the power of data to enhance sales and trading performance, setting a new standard for the industry.

Robert Balch, Head of Fixed Income EMEA at SMBC Nikko Capital Markets said: “At SMBC Nikko, our driving ambition is to place customers at the centre of everything we do. Mosaic empowers us to deliver a highly personalised service and drives a data-driven culture which future proofs our business. Leveraging the best market leading digital solutions, Mosaic Smart Data’s addition of real time credit analytics became an obvious choice.”

About

About Mosaic Smart Data

Mosaic Smart Data is an innovative London-based fintech company, building next generation data analytics tools for capital markets. Its technology has already helped some of the world’s leading investment banks to optimise their fixed income, currencies and commodities (FICC) sales and trading performance and set a new standard for the industry.

Mosaic acts as a GPS to navigate the FICC markets by aggregating all transaction data from across the organisation as well as external sources, normalising it and applying advanced AI and machine learning tools to extract actionable insight from it. The net result for the bank is their staff have longer, more meaningful and hyper-personalised conversations with clients that ultimately lead to deeper relationships and more profitable trades.

Since its inception in 2014, Mosaic’s client base has grown rapidly and now includes some of the biggest financial institutions across the world – including North America, Europe, Asia Pacific, South America and South Africa. The company has won numerous awards and industry accolades, including the Banking Tech Awards, the FS Tech Awards and the InvestHK UK Fintech Awards, and was named Fintech Company of the Year by City AM.

About SMBC Bank International plc

SMBC has had a presence in London for over 100 years. In 2003, SMBC BI (formerly Sumitomo Mitsui Banking Corporation Europe Limited) was established as a wholly owned subsidiary of SMBC. It is authorised by the Prudential Regulation Authority (PRA) and regulated by the PRA and the Financial Conduct Authority. SMBC BI is headquartered in the UK and is responsible for the management and control of much of SMBC Group’s activities across Europe, the Middle East and Africa (EMEA), with a network of over 30 offices, consisting of branches, representative offices and subsidiaries. Through its combined entities the EMEA Division delivers a universal banking platform and a full suite of corporate finance products and solutions to its customers. Through SMBC Group companies it offers a broad range of wholesale banking products and services in corporate, structured and trade finance, leveraged finance, loan capital markets, treasury and asset financing and leasing. Alongside SMBC Nikko Capital Markets Ltd it also provides investment banking services and a range of innovative solutions in global capital markets.

About Sumitomo Mitsui Financial Group, Inc.

SMBC Group is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through the subsidiaries and affiliates, SMBC Group offers a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services. SMBC Group’s consolidated total assets were $2.19 trillion (¥ 242.6 trillion) as of March 31, 2021.

About Sumitomo Mitsui Banking Corporation

SMBC is a commercial banking entity within SMBC Group and is one of the largest commercial banks globally on the basis of total assets. It provides an extensive range of corporate and consumer banking services in Japan and globally.

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Nick Warren
Chatsworth Communications
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