Mosaic Smart Data has added repo instruments support to its AI-powered platform to help banks optimize their balance sheets in real-time by extracting actionable intelligence from their historical and real-time repo data.
Facts
- Mosaic Smart Data has added support for repo instruments to its AI-powered platform.
- The service is already deployed across the sales and trading desks of global banks.
- Mosaic platform aggregates the entirety of a bank’s repo data, normalizes it and applies machine learning and advanced AI to extract actionable insight from it.
- The total value of outstanding repo contracts in Europe hit a new high of EUR 10,374 billion in December 2022, up 12.8% YoY according to ICMA.
- Mosaic offers real-time custom alerts and automated reporting, seasonality alerts, flow insights, client defection alerts, profitability-based insights, and anomaly detection.
- The shift to automated and often ultra-low latency electronic trading and the increase of new diverse participants, combined with the ever-growing amount of data generated from increasing volumes, has emphasized the urgency for banks to be able to view all repo transaction data from across the organization and external sources, and react in real-time.
- Mosaic Smart Data has helped many leading global banks optimize their FICC trading operations with real-time analytics tools, and now has extended that support to the repo market
