Conference Dailys FILS in Philly Today 2019 - Wrap-up | Page 3

FILS IN PHILLY In this issue: 4 Latest news The latest fixed income market and technology news you need to know 6 Automation an increasingly dominant theme for sell-side fixed income participants Speakers from Goldman Sachs, Tradeweb and MarketAxess detailed how their organisations are using automation to enhance efficiencies and outcomes for the fixed income markets 7 BlackRock fixed income trading chief backs role of sell-side partnerships Dan Veiner, BlackRock’s global head of fixed income trading, told delegates that relationships with the sell-side remain important to the buy-side 8 THE OFFICIAL NEWSPAPER OF FIXED INCOME LEADERS SUMMIT 2019 9 Buy-side increasingly taking on price-maker role in fixed income Speakers from T. Rowe Price and PIMCO told delegates that as the market structure evolves the buy-side continue to act as price-makers 10 Artificial intelligence and talent management to drive the evolution of buy- side strategies BlackRock’s Supurna VedBrat also highlighted the changing role of the trader as fixed income markets evolve 11 Communication the key ingredient to improving buy- and sell-side relationships Panelists say that consistent, open communication between the buy- and sell-side is vital to evolvings Buy-side trading heads scorn use of transaction cost analysis for fixed income AXA’s Lee Sanders and Pictet’s Carl James reject use of TCA in fixed income markets due to nature of products compared to equities Issue 2 TheTradeNews.com 3