DCM Online

Information for International Bond Markets

DCM’s Bond Market Viewer (BMV) online subscription information service uses innovative Visokio Omniscope technology to distribute aggregated credit market information.  The  BMV Omniscope files will permit selective 'grabbing' of prices/yields/spreads from real-time feeds, together with 'one-click' links from data fields to additional detail pages and relevant documents.  The BMV Omniscope files will also provide 'one-click' access to multi-attribute web services, such as bond analytics and searches for web feed postings relating to specific instruments, issuer names and debt programs, effectively becoming a web feed search engine for international credit markets.

• The BMV service can work in conjunction with Bloomberg (and eventually other DDE-based real-time terminal services) providing a simpler, more powerful interface that permits end-users to survey the market, then 'grab' and refresh real time prices/yields/spreads etc. for selected subsets of the market using only a mouse and the visualisation and query capabilities of the Omniscope.
• Content providers can use DCM’s unique technology platform to help market and deliver their data together with links back to supplemental value-added content and web services, rather than continuing to supply only difficult-to-handle, cryptically encoded database feeds which do not reach their end users directly.
• The BMV service will also provide a 'one-click' gateway to a comprehensive web feed-based community for international credit, enabling consistently encoded user-originated postings and searches relating to specific bonds, (such as rate-resets) as well as legal issuing entities/SPVs, CDS names and EMTN funding programs.

• Buy side - Institutional Fixed Income Investors, Fund Managers
• Sell side - Bond and CDS Dealers, Sales and Paying Agents
• Issuers - Originators, Issuers as well as their Analysts

Various prototypes of Omniscope-based services for credit markets have been prepared and more are in progress.  The initial service will focus on facilitating communication between all parties involved in the periodic rate-resetting process for the subset of credit markets known as floating rate securities (FRS), an area where existing means of information sharing are under great strain. Once the FRS service is fully established, the FRS service content set will be progressively broadened and expanded to other instrument types as determined by customer demand and the strategies of various content providers regarding when and how to channel their content through the BMV.

For more information please contact: John W. Cutts, Managing Director, Pall Mall Capital