Broadridge’s LTX Launches Bond Market Application Powered by OpenAI’s GPT-4

LTX, a subsidiary of Broadridge Financial Solutions, has launched an application called BondGPT powered by OpenAI GPT-4 to help simplify bond selection and portfolio construction processes. The application combines real-time liquidity information with GPT-4 to provide accurate and timely data in the highly regulated financial services sector. The company believes that the application will increase efficiency for asset managers, hedge funds, and dealers. BondGPT is the first of many products and services Broadridge will release as they work towards smarter and more efficient trading processes for the industry. The company successfully completed the migration of its corporate bond e-trading platform to Amazon Web Services earlier this year to leverage the security and scale of AWS cloud services.