💰 Lending & Credit

BondXN Taps BlackRock's Aladdin to Fix MBS Trading's Mess

BondXN just wired itself into BlackRock's Aladdin beast—potentially unclogging the $12 trillion MBS pipeline. Traders, take note: this could slash those manual headaches.

BondXN and BlackRock Aladdin logos merging over MBS trading charts

⚡ Key Takeaways

  • BondXN-Aladdin integration targets $12T MBS market's fragmentation, potentially boosting e-trading to 60% penetration. 𝕏
  • BlackRock extends dominance; rivals risk obsolescence in risk-trade workflows. 𝕏
  • Efficiency could cut execution times 30%, but watch for vendor lock-in and rising costs. 𝕏
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Originally reported by Finextra

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