Fortunato to Build Data Biz at BondDesk

Though BondDesk creates a Treasury yield curve for clients to price spreads against, Fortunato says the broker does not have a business in place to commoditize and sell the data from its trading platform. But he says the broker has sufficiently valuable content that it can offer to the market in the form of a data product.

"It could be something as simple as providing yield curves for Web sites, or creating links to the TIPS and TechHackers calculation libraries," he says. "There may even be some

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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