We are thrilled to be partnering with OTCex and are very happy to share the news with you here.
OTCex becomes the first financial institution to join forces with Onbrane. OTCex is an Inter-Dealer-Broker with an extensive market expertise, including in the short term debt market. Onbrane is a technology company that has launched an industry platform for the primary debt market. The multi-product, multi-currency negotiation and issuance OTC platform has been developed in cooperation with issuers, intermediaries, investors, depositaries and clearers. By combining their expertise and commercial network, OTCex and Onbrane aim at accelerating the digitization of the still old fashion commercial paper market.
The objective of this strategic partnership is multifarious. In addition to ensuring a faster adoption of the Onbrane platform and to strengthening OTCex market leadership position, it will allow OTCex to benefit from Onbrane technological expertise and for Onbrane to benefit from OTCex industry knowledge and commercial network. Together the two companies intend to explore digitalization opportunities in primary and secondary financial markets for OTC as well as regulated activities. Onbrane remains independent to ensure its strategic positioning of unbiased industry platform provider.
“OTCex will leverage Onbrane advanced technological knowledge and accelerate digitization on the European ECP Market and will provide clients electronic post trade confirmation.”
Richard HADJIMEGRIAN, Deputy CEO OTCex
“We are impressed by OTCex strategic vision, market expertise as well as footprint in banks and asset managers. We are excited to partner with them to accelerate the digitalization of the primary debt market and solve more pain points for our community.”
Pascal LAUFFER, CEO Onbrane
The Onbrane platform addresses each market actor specific requirements of efficiency and conformity but also improves existing industry processes resulting in fewer breaks and easier same day settlement. Furthermore, Onbrane’s open architecture and agile approach greatly simplify user onboarding and platform evolution. Onbrane first launched on the French market with the NEU CP, ECP and NEU MTN and will soon expand to the European market.
About OTCex : OTCex is a leading Inter-Dealer-Broker on both European Fixed income and Worldwide Equity derivatives Markets. OTCex has more than 30 years of experience in the European Debt market and has proven extensive knowledge and efficiency on the ECP market.
About Onbrane : Onbrane is a Fintech specialized in building and operating technology platforms for the global debt market. Onbrane’s objective is to digitalize the primary market by leveraging tokenization and blockchain technology. Onbrane believes that together, these two breakthroughs will improve financial markets transparency and traceability while radically transforming post-trade processes.
