The startup operates a data connectivity network that aggregates banks and asset managers to facilitate the sharing of pre-trade bond market information. This network enables dealers to provide investors with timely insights on bond buying and selling opportunities, enhancing informed investment decisions.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Buy-side investors often lack real-time, high-quality pre-trade data on bond and single-name CDS markets, hindering their ability to make informed investment decisions and potentially leading to missed opportunities or suboptimal execution. The reliance on disparate data sources and manual processes can result in inaccurate or delayed insights.
Solution
Neptune Networks provides a data connectivity network that delivers pre-trade bond and single-name CDS data directly from sell-side dealers to buy-side firms via FIX workflows. This real-time connectivity allows investors to access targeted, structured, and standardized data, enhancing the efficiency of their core workflow tools, including OMS, EMS, and APIs. By aggregating data from multiple dealers into a single connection, Neptune reduces data noise and improves the accuracy of market insights, enabling more meaningful conversations and ultimately increasing trade volumes. The platform offers a web application with advanced search options, live actionable pricing, and tools to track axe message history and market skew.
Target Audience
The primary target audience includes buy-side firms, such as asset managers and hedge funds, seeking to improve their access to pre-trade data and enhance their fixed income trading strategies.
Features
- Real-time delivery of pre-trade bond and single-name CDS data (axes and inventory)
- FIX API for seamless integration with existing OMS/EMS systems
- Web application with advanced search and filtering capabilities
- Axe history charting to monitor intraday and historical data
- Customizable alerts for new axe data based on user-defined criteria
- Analytics page providing intraday views of notional and axe counts by bid/ask, asset class, and sector
- Support for multiple currencies