Modernizing bond trading for a leading global investment bank
THE CHALLENGE
Manual workflows limited scalability
The institution wanted to modernize how municipal bond opportunities were distributed and managed across both primary issuance and secondary trading workflows.
Existing processes relied heavily on manual communication, fragmented systems, and operationally intensive RFQ handling.
Key challenges included:
- Manual RFQ distribution and bid collection
- Limited scalability across high-volume workflows
- Fragmented client access to liquidity
- Operational inefficiencies across trading teams
- The need for a modern, digital client experience
THE SOLUTION
A unified municipal bond trading platform
Genesis developed a centralized client platform combining primary issuance and secondary RFQ workflows within a single digital experience.
The platform enables:
- Real-time deal distribution and notifications
- Electronic RFQ handling and bid submission
- Bulk bidding across large RFQ volumes
- Centralized liquidity access
- Advanced search, filtering, and watchlists
- Granular client tiering and permissioning
The solution automated previously manual workflows while creating a scalable infrastructure for future growth and broader client distribution. Delivered using an agile model, the initial RFQ module went live in four months.
Project highlights
Business impact
Improved liquidity distribution and operational efficiency
The implementation modernized how the institution distributes municipal bond opportunities and manages client trading workflows.
Key outcomes included:
Scalable electronic distribution across client networks
Reduced manual workflows and operational complexity
Improved client access to liquidity
Streamlined handling of high-volume RFQ activity
Enhanced client experience across fixed income trading
A scalable foundation for future growth