NEW YORK, July 18, 2016 /PRNewswire/ --
Lab49 and The Yield Book(R), a wholly-owned subsidiary of Citi, are collaborating to build the next generation fixed-income analytics platform: Yield Book Q. As a leading player in fixed-income analytics for over 25 years, The Yield Book has partnered with Lab49 to undertake a fundamental redesign of its web-based flagship product. This redesign allows users of The Yield Book to access best-in-class fixed-income analytics and data through an intuitive and user-friendly interface. A beta launch of Yield Book Q is anticipated this year.
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Lab49 and The Yield Book began the initiative by creating a map of the market landscape to shape the product's strategy in an environment of rapid regulatory and structural change. The resulting vision led to a complex, multi-phased design and software development initiative. An overarching goal was to accelerate the time-to-market of an innovative and compelling platform that builds on The Yield Book's rich functionality.
Lab49 CEO Luke Flemmer said, "We were very excited to have the opportunity to partner with The Yield Book on the next generation of a product which is so highly valued in the industry. The Yield Book plays a central role in the workflows of many industry participants, so to have the opportunity to apply design thinking and technological innovation to enhance and streamline the product was very gratifying."
Managing Director and Global Head of The Yield Book and Citi Fixed Income Indices, Richard Burns, said, "Lab49 shared our vision to improve client workflows whilst preserving the core functionality and flexibility of our flagship product. Initial feedback from clients has been very positive, which is a true measure of success of the collaboration."
Lab49 is a strategy, design and technology consulting company with specialist expertise and global reach. We deliver transformative solutions to the world's leading investment banks, asset managers, exchanges and other key market participants. Founded in New York in 2002, Lab49 now executes at global scale on its clients' most critical technology initiatives. Lab49's exclusive focus on capital markets provides us with deep and leading edge knowledge of the products and asset classes most relevant to our clients, making us a market leader in domain-specific design, technology and delivery.
About The Yield Book
The Yield Book, a wholly owned subsidiary of Citi, is a leading provider of fixed-income analytical and data products and solutions that combine market-tested models with power, versatility, and speed. We cover an extensive range of products, including governments, agencies, corporates, high yield, emerging markets, mortgages, ABS, CMBS, CMOs, and derivatives. Our sophisticated models for trading and portfolio applications analyze OAS, effective duration, convexity, and many other value and risk measures. And our products can be delivered in a variety of formats, including via a web-based application, Excel add-in, and API. For over 25 years, we have built a track record of client success with a broad range of the largest financial institutions. http://www.yieldbook.com
The Yield Book is a registered service mark of The Yield Book Inc. and is registered in the U.S. and other countries. Yield Book Q is a service mark of The Yield Book Inc. Lab49 and the Lab49 logo are trademarks of Lab49 Consulting Ltd.
CONTACT: Press contact: Mandy Waddell LAB49, Phone: +44 20 7423 6720,Email: email@example.com