Client Summary

Industry: Financial Technology

Website: www.overbond.com

Overbond

Toronto-based Overbond brings all bond market participants together through a platform that makes new bond issuance digital, transparent, and secure. Overbond connects corporate and government issuers with dealers and investors directly. Overbond emerged from the MaRS fintech cluster and the Communitech technology innovation super-cluster – two globally renowned centres of technology and innovation. Overbond’s momentum is rooted in the strength and experience of its team, which comprises industry professionals in the fields of fintech software, capital markets, technology and legal compliance – a team whose experience draws from Wall Street, Bay Street, and Silicon Valley.

“We are the first fintech company focused on bringing the multi-trillion-dollar primary bond market closer to a completely digital approach,” says Vuk Magdelinic, CEO of Overbond. “While much of the financial services market is embracing digital processes to streamline how they do business, primary bond origination remains one of the few asset classes that still relies on manual processes.”
The new digital platform modernizes all aspects of bond origination by providing secure communications, real-time market updates, and custom reporting and analytics, while reducing infrastructure and transaction costs for issuers, dealers, and investors. Earlier this year the company launched Overbond BPS, a solution that improves issuer-dealer communication and provides advanced market analytics. Today’s launch adds another layer of functionality by connecting investors to the network. With the addition of the investor-dealer module, Overbond has achieved its first goal of bringing all bond market participants together on a transparent, secure, and highly efficient cloud-based platform. With the Overbond platform, dealers now have access to digital price discovery tools, while investors have more efficient access to information.

Toronto, ON