Conference Dailys FILS in Philly Today 2019 - Wrap-up

FILS IN PHILLY Today THE OFFICIAL NEWSPAPER OF FIXED INCOME LEADERS SUMMIT 2019: WRAP-UP ISSUE Automation an increasingly dominant theme for sell-side fixed income participants S peakers from Goldman Sachs, Tradeweb and MarketAxess have detailed how their organisa- tions are using automation to enhance efficiencies and outcomes for the fixed income markets. Various sell-side institutions have highlighted automation as one of the key drivers of evolution for the fixed income markets. Levels of automation are undoubtedly on the rise across banks, brokers and trading venues as efficiency becomes one of the key operating watchwords to deliver better services to their buy- side clients, and ultimately to the benefit of the wider markets. Richard Schiffman, head of OpenTrading at MarketAxess, said that the firm has experienced a sustained period of investment in automation and that the effects of this will soon be felt. Continues on page 6