Intelligent Markets

About Intelligent Markets

Intelligent Markets, founded in 1999, is a New York City-based company that provides a specialized order management system for the convertible bonds market. The firm targets sell-side trading desks, offering its proprietary ALTA platform to assist with managing the regulatory and record-keeping requirements associated with convertible bond transactions. This focus allows clients to navigate the complexities of compliance in their specific niche.

The company's business model centers on the development and provision of the ALTA platform. It operates in the capital markets technology sector, a competitive space where financial institutions increasingly adopt intelligent products to streamline operations and enhance decision-making. Revenue is likely generated through licensing or subscription fees for access to the ALTA system. The company has received funding from at least one institutional investor, Woodside Fund, which supports its operations and development efforts.

The ALTA platform serves as a key tool for financial institutions by helping them manage the lifecycle of convertible bond trades. This includes maintaining compliance with regulatory standards and ensuring accurate record-keeping, which are critical functions for any trading operation. By focusing specifically on convertible bonds, Intelligent Markets has carved out a specialized position within the broader financial technology landscape. This targeted approach allows them to address the distinct needs of sell-side convertible bond trading desks effectively.