Due to the increasingly complex nature of U.S. Corporate bond trading, traditional workflows and trading mechanisms are being supplanted by data/analytics-based solutions and intermediaries. This new data-focused step in the evolution of the U.S. credit markets provides an opportunity for all sides of the market to better utilize/innovate upon legacy technology and data: IDBs, pricing vendors, sell side market makers, as well as the buy side.

This report lays the groundwork for how the US credit market has arrived at this data inflection point.