7 Chord

FinTech firm that uses Machine Learning (A.I.) to automate pricing and execution in corporate bonds. Corporate Bond Electronic Trading

7 chord is a fintech start-up in NYC. We use machine learning to capitalize on the rapid electronification of the $8 trillion corporate bond market. Our proprietary software automates pricing, execution and inventory management process in the market where 70% of trading is still conducted by phone and with the help of 12HP calculators. Our mission is to enable the new digital generation of credit traders and their fully automated workflow. Our software fully automates the “routinizable” aspects of execution and inventory management by combining the tried-and-true technologies with the latest advances in machine learning. We intend to use our scalable technology platform to efficiently deploy trading capital and generate revenue from bid-offer spread and liquidity premia. We believe that the future of the credit markets belongs to humans and machines working together. In our business model, machines lend their unparalleled capacity to process information, while humans do what they do best – think outside the box. Key Words: Corporate Bonds, Market Structure, Data Science, Alternative Data, Market Maker, Electronic Trading, Liquidity Strategies, Trading Strategies, Quantitative Finance, Algorithmic Trading, Quantitative Trading, Python, Go, Julia, Kafka, Scala, MongoDB, Data Engineering