SHANGHAI, November 7, 2016 /PRNewswire/ --
Wind Info and BondIT have established a strategic partnership to bring AI and machine learning techniques to global fixed income markets, with an initial focus on more mature international markets, followed by rollout to the Chinese market. The partnership will build on BondIT's global expertise in big-data and machine learning, and will leverage Wind Info's comprehensive data-sets and distribution capabilities. The agreement includes an investment stake in BondIT by Wind Information (HK) Company Limited.
Wind Info provides financial data, research, and information for China's financial markets to the majority of financial institutions in the Chinese market, including securities companies, fund management firms, insurance companies, and banks.
BondIT, headquartered in Herzliya, Israel, enables advisors and investment professionals to significantly boost sales and AUM by automating the construction, monitoring and management of optimised fixed income portfolios. BondIT provides sophisticated, yet easy-to-use, tools backed by proprietary machine learning algorithms, helping customers scale their business, generate sales, and comply with fiduciary responsibilities. BondIT is backed by prominent investors including Chinese VC firm Glory Ventures, US VC firm SixThirty, and Israel's Club 100 Plus.
For more information, visit: www.bonditglobal.com
About Wind Info
As the market leader in China's financial information services industry, Wind Info is dedicated to providing accurate and real-time information, as well as sophisticated communication platforms for financial professionals. In China, Wind Info serve more than 90% of financial institutions including hedge funds, asset management firms, securities companies, insurance companies, banks, research institutions, and government regulatory bodies. Overseas, Wind Info serves 70% of Qualified Foreign Institutional Investors (QFII). Hailed at home and abroad as the premier provider of Chinese financial information, Wind Info data are frequently quoted by Chinese and international media, in research reports, and in academic papers.
For more information, visit: http://www.wind.com.cn/En/