Bondstream, the Estonian disruptive fintech, is happy to announce that it has entered into an preliminary five-year licence settlement with Xion Advisers LLC (“Xion”), a newly established FINRA-regulated entity specializing in various and actual belongings, headquartered in West Palm Seaside, Florida.
Bondstream will initially be applied, in a market first, to deal with the personal placement market. This builds on the already established capital markets aspect of the enterprise which makes Bondstream the market chief in Europe. Bondstream will proceed to develop off a single code base and supply the assist for Xion as its enterprise expands into DTC settlement and wider entry to the HNWI market.
William Singer, accomplice and chief of Xion stated: “There isn’t any different system out there which mixes the vital transactional features of a CRM system with the detailed transaction stage cashflows which permits for an entire reconciliation of positions regardless of the stakeholders. The total lifecyle servicing of Bondstream saves money and time however most significantly presents transparency and confidence.”
Mr Singer added: “Bondstream will assist us seize new markets and Xion will profit significantly from utilizing this know-how to assist our deep private connections out there. Enterprise remains to be about folks however with the assist of updated info, trusted relationships are simpler to handle.”
Mr Singer is a seasoned skilled with greater than 25 years’ expertise in monetary markets and various belongings. An entrepreneur himself, Mr Singer chosen Bondstream due to the necessity to present one ‘supply of reality’ for working with each origination and syndication purchasers. Transparency and availability are vital within the fragmented US market the place relationships with traders and issuers are fiercely aggressive.
Bondstream has established itself because the platform of alternative for corporations who must reconcile and management the three most vital features of capital markets funding: money move of incoming funds, efficient coordination with investor relations groups and serving to to handle placement actions. Bondstream has dealt with 1000’s of transactions in Europe for greater than 20 public corporations with 99.99% availability and a transparency which is disruptive within the fintech market.