Propellant.Digital provides a platform that aggregates public and private financial market data, making it transparent and accessible for business decision-making. Their solution aims to offer a low-cost way for various parties in the financial ecosystem to access and utilize organized market information.
Funding
Funding not disclosed
VVFounders
Product
Problem
Financial institutions face challenges in extracting actionable insights from the growing volumes of fixed income transparency data from various sources like MiFID, DTCC, and TRACE. Aggregating, normalizing, and cleansing this data is complex and requires significant resources, hindering effective trading strategy development, risk management, and compliance efforts.
Solution
Propellant.Digital provides a cloud-native analytics platform that aggregates and normalizes public and proprietary fixed income market data, delivering actionable insights through a user-friendly interface and API. The platform offers a turnkey solution for analyzing transparency and trading data, enabling clients to improve trading strategies, streamline workflows, and make informed decisions. By leveraging a comprehensive fixed income dataset and customizable analytics, Propellant empowers financial institutions to gain a competitive edge and optimize performance across trading, sales, research, risk management, market intelligence, and compliance. The platform is built on ISO27001 certified services, ensuring high levels of data protection and security.
Target Audience
Propellant.Digital serves global, regional, and local banks, asset managers, hedge funds, family offices, regulators, universities, and consultants within the financial ecosystem.
Features
- Aggregates and normalizes fixed income transparency data from APAs, trading venues, MiFID, DTCC, and TRACE.
- Offers a web-based BI platform with dashboards, graphing, and data visualization tools.
- Provides a secure RESTful API for programmatic data access and analytics at scale.
- Supports customizable queries, reports, and data-driven actions.
- Employs an individual pod model, with each client having a dedicated, segregated cloud-based software instance.
- Complies with ISO27001 security standards for data protection.
- Provides historical and streaming API options.