Coefficient Markets and Allvue Systems Announce Strategic Partnership

Leading provider of alternative investment technology solutions Allvue Systems has announced a strategic partnership with Coefficient Markets to offer liquid credit and CLO managers real-time, actionable market data directly from contributing dealers who use Coefficient’s EPIC sell-side software suite.

Yuriy Shterk, Chief Product Officer at Allvue, said, “As the loan market rapidly matures, we have observed our clients’ need for sell-side liquidity so they can execute on opportunities in their portfolios quickly, efficiently, and with the most timely pricing information. Our alliance with Coefficient Markets, a firm with decades of experience in both the loan market and electronic trading across credit markets, creates an unmatched offering for the marketplace that will guarantee our clients are equipped with the highest quality information so that they can make more-informed trading decisions.”

With the help of this collaboration, Allvue’s clients will have complete access to market liquidity data along with their portfolios and regular workflow inside the company’s suite of loan software offerings. Clients have traditionally had to rely on previous-day data or view real-time data elsewhere. The depth of Coefficient’s expertise in the loan market will guarantee that Allvue’s clients have access to the information they need to manage their investments effectively and affordably. Over 25% of CLO Assets Under Management are currently managed by six of the top ten CLO Managers, who have already signed up as early adopters of the live liquidity data.

Brian Callahan, Chief Executive Officer at Coefficient Markets, said, “We are very excited to partner with Allvue and, for the first time, connect digitized market data suitable for consumption into the portfolio management system for private debt and CLO managers.”

Increased trading volumes and better trade selection for both sides will result from Coefficient’s dealer clients’ full, direct integration of their available liquidity in the location where it is most efficiently consumed by their buy side clients who use Allvue throughout their workday.

The EPIC Mirror platform, which compiles sell-side dealer price and liquidity data across the loan market, will be specifically supported in connecting clients of Allvue’s Front Office solutions to it by Coefficient Markets.

Atomic and Jack Henry to Launch a Digital Banking Revolution for Banks and Credit Unions

Atomic, the market leader in payroll connectivity, has announced that Deposit, its direct deposit setup and switching solution is now available through Jack Henry’s digital banking platform.

Jordan Wright, Co-founder, and CEO at Atomic said, “We aim to help marginalized and underserved consumers. In the same way, we strive to help financial institutions of every asset size differentiate and excel–often the regional and community banks are among the hardest to serve underrepresented populations. By partnering, customers are empowered to unlock direct access to account funding streams without needing to invest in modern technological infrastructure or build in-house APIs and integrations required to launch competitive, cutting-edge financial solutions. We’re thrilled about this integration with Jack Henry and the Banno digital banking platform.”

The Banno Digital PlatformTM is built on the same set of APIs as the Digital ToolkitTM, which Atomic used to integrate its technology into the online experiences provided by local and regional financial institutions. Atomic has been able to seamlessly integrate into the digital banking platform thanks to access to Jack Henry’s API, design, and authenticated frameworks. This integration strengthens the over 850 fintech companies that make up the Jack Henry ecosystem, which now serves over 8,000 financial institutions with pertinent financial goods and services for their account holders.

Atomic provided Banno users with access to its first-to-market direct deposit switch and setup solution by rolling out a soft launch for its Deposit plugin on the Jack Henry online banking platform. Financial institutions can allow their customers to set up and change direct deposits to fund accounts held with them digitally by using Atomic’s Deposit solution.

Existing Banno customers can quickly install and activate the Deposit plugin on their bank’s mobile app or online banking platform because Atomic’s Deposit solution is already operational on the Jack Henry digital banking platform. This partnership is a fantastic illustration of integrated fintech that strengthens gains and expands opportunities for financial institutions of all sizes, promoting a more competitive environment.