Buy-side Perspectives Issue 14 Special edition | Page 7

BLOOMBERG
puts the buy-side
in control with
automation
Ravi Sawhney
Global Head of Trade Automation (OTC), Bloomberg LP
The fixed income and foreign exchange OTC markets are undergoing a rapid
transformation with higher regulatory scrutiny and increased electronification of
trading. The Buy-side Perspectives caught up with Ravi Sawhney, Global Head of Trade
Automation (OTC) at Bloomberg LP to get his views on how technology can support the
trading desk to increase their productivity.
With the increasing amount of electronic trading within
fixed income and FX, how do you see technology becoming
an extension of the buy-side’s counterparty relationships?
Technology is already heavily embedded in the internal
workflow and processes of all buy-side institutions
given their focus on improving efficiency through the
adoption of technology over the last 20+ years. This
Global Summit 2019
has now grown to include how they interact with their
trading counterparties, and is the latest extension of
this trend, bringing the utilisation of technology to the
forefront of decision-making and execution. Previously
technology was used further upstream with regard to
execution responsibilities, but that has gradually made its
way downstream to the point of being at the frontline of
execution.
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