BondCliQ said Monday that FactSet Research Systems (FDS) has made a lead investment in its latest funding round.
The funds will be used to support BondCliQ's data-as-a-service platform, which improves corporate bond data through a licensed quote consolidation system, the company added.
As part of the partnership, BondCliQ's data will also be integrated into FactSet's products, like FactSet Workstation, Portware Enterprise Trading system, and LiquidityBook order management system, to make real-time corporate bond pricing more accessible, the company said.
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