Interactive Data Corp.  said its fixed-income analytics business has released a new application programing interface (API) for its BondEdge offering.

This new API is designed to provide clients with seamless access to BondEdge fixed-income security analytics, bond swap, and “what-if” capabilities from directly within excel program as well as other third party applications. These can help support their portfolio analysis and risk management activities across their enterprise.

Through these improvements, BondEdge clients can write their own software applications to communicate with the BondEdge risk calculations library via the BondEdge API. This would enable them to access and utilize BondEdge analytical security measures and to populate internal databases with this information. For instance, clients can write add-ins to integrate BondEdge analytics into Microsoft Office products such as excel. The BondEdge API for excel includes an add-in program with sample report templates that have been pre-formatted.

These new capabilities can help client perform detailed trade analysis via a bond-swap and portfolio “what-if” tool. “The "buy and sell” bond trade programs can be assessed on both a market and book value basis, and the effects on existing client portfolios can be directly measured. With the new API, Interactive Data will provide comprehensive technical and user documentation. These new capabilities are bundled with BondEdge Next Generation Release 2.1, which is now available.

“The addition of this API to BondEdge will broaden access to the robust fixed income analytical measures and trade analysis that have benefited our clients for decades,” said Keith Webster, managing director, Interactive Data Fixed-Income Analytics. “This new capability demonstrates our commitment to providing BondEdge clients with increasingly automated, efficient and flexible methods of utilizing BondEdge to support their activities, including risk management and more comprehensive portfolio analysis.”


Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.