09.26.2024

Octaura, Allvue Amplify Leveraged Loan Trading

09.26.2024
Octaura, Allvue Amplify Leveraged Loan Trading

Allvue Systems, LLC (“Allvue”) and Octaura LL Trading Co., LLC (“Octaura”) proudly announce a strategic, connected solution designed to transform the leveraged loan market. By connecting Allvue’s Trade Order Management System to Octaura’s Electronic Loan Trading platform, this integration delivers improved trade order and execution management efficiencies, simplifying access to liquidity and execution strategies for financial institutions and asset managers.

The collaboration between Allvue and Octaura represents a significant milestone in the leveraged loan market,” said Ivan Latanision, Chief Product Officer at Allvue. “Our precision workflow management, coupled with Octaura’s innovative access to liquidity, offers clients enhanced efficiency and enables smarter decision-making. This integration will enable firms to achieve superior market performance.”

Brian Bejile, CEO of Octaura added, “By connecting with Allvue, we are bringing an evolved trading experience to our clients. The synergy of our platforms will help accelerate trade execution, increase transparency, and streamline decision-making, all while fitting into existing workflows.”

Customers will benefit from the two-way connectivity that leverages Octaura’s access to liquidity and Allvue’s workflow solutions. Key advantages of the integration include straight-through processing of trades, real-time price discovery, and a seamless execution workflow.

“This is a joint effort that has been months in the making,” said Latanision. “Customers of both firms can access street wide liquidity, and trade with confidence through flexible trade order workflows, supporting outcomes in both bilateral and multi-dealer environments.”

“We’re excited to see the syndicated loan market focus on greater efficiency with regards to execution,” said Matthew Clark, Managing Director of KPMG’s Alternative Investments Advisory Practice. “Leveraged loan trading has traditionally been a manual process prone to delays and it’s important to drive towards more end-to-end transparency in the private markets.”

Allvue and Octaura will launch their integration at the LSTA 2024 Annual Conference on September 26th, the industry’s leading loan syndications and trading conference. Attendees can visit Allvue and Octaura in the exhibitor area for more information. Additionally, all three firms will be at Allvue’s premier financial services networking event, co-hosted by KPMG and sponsored by Octaura, on September 25th in New York City.

Allvue serves more than 440 clients globally, with over 20,000 funds on its platform and $7 trillion dollars in assets tracked.

Source: Octaura

 

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