‍Propellant adds TRACE to its Global Fixed Income Technology Solution

Amsterdam, October 15, 2025 - Propellant Digital (Propellant), a leading technology provider specialising in Fixed Income data analytics, today announced the launch of its data platform covering  - Global Fixed Income, a next-generation technology solution designed to complement transparency regimes including MiFID, FINRA TRACE and CFTC Part 43 for swaps. 

The service empowers firms to connect to multiple transparency venues through one platform. Propellant handles the data engineering, including ingestion, normalisation, and distribution, enabling clients to focus on analysis, execution, and regulatory outcomes.

“Fixed income markets have long suffered from fragmentation and latency that make price discovery and best execution harder than they need to be,” said Vincent Grandjean, CEO of Propellant Digital. “Our Global Fixed Income Solution gives firms a reliable, consolidated lens on liquidity - real time when they need it, delayed when that’s sufficient - so they can trade smarter, evidence best execution, and meet evolving transparency expectations.”

Key features and capabilities:

• Global, multi-asset integration layer that complements MiFID bond transparency, with CFTC Part 43 swaps real-time reporting.
• Unified, aggregated, and normalised access to bonds and swaps data from public and regulated sources spanning Europe and the U.S., engineered for consistency and comparability.
• Flexible timeliness: real-time streaming or delayed options to match use cases and budgets.
• Depth where it counts: End-of-day analysis and intraday updates  across key fixed-income instruments, supporting robust price discovery, TCA, and liquidity insights on a flexible timescale.
• Multiple delivery options: consume via FIX streaming, REST API, SFTP batch, or the Propellant web GUI for rapid exploration and visualisation.

Business impact:

• Better price discovery and execution: consolidated viewpoints reduce the noise of venue-by-venue analysis.
• Audit-ready transparency: consistent identifiers, normalisation, and lineage improve evidence for best-execution and surveillance.
• Developer-friendly: modern APIs and schema stability shorten time-to-value for data engineering teams.
• Configurable tiers: real-time tiers for trading & intraday analytics; delayed tiers for research, model calibration, and broad distribution.

With a high-impact product portfolio built to meet the needs of evolving markets, Propellant stands apart from other service providers by delivering a unified technology solution that enables its customers to have a global view of all fixed income markets. The launch of Global Fixed Income Technology Solution reinforces Propellant’s commitment to market transparency, aligning with industry momentum towards greater visibility ahead of the upcoming EU and UK consolidated tapes.

“Teams shouldn’t have to stitch ten sources together before they can even start their analysis,” added Grandjean. “Propellant provides the connectivity and processing technology to make fragmented transparency data usable out of the box, clients retain control over how and where they deploy it.”

Availability

Propellant’s Global Fixed Income Technology Solution available immediately in real-time and delayed configurations. Evaluation access and technical documentation are available upon request.

About Propellant Digital

Propellant Digital is an award-winning technology company specialising in fixed Income data analytics. Our founders are trusted specialists in transparency and trading data, and passionate about making bond, swap, and ETF markets more transparent.

Financial institutions face challenges in extracting value from growing volumes of European and US transparency data, and Propellant delivers practical, responsive technology that transforms this data into actionable insights. We help global and regional banks, asset managers, hedge funds, trading venues, regulators, and industry associations to analyse transparency and trading data in near real-time. Our unique analytics cloud platform leverages the most extensive global fixed Income dataset available, providing users the insights they need to improve trading strategies, streamline workflows, and make informed trading decisions.

For more information on Propellant Digital, visit https://propellant.digital/ or contact sales@propellant.digital 

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