The Addendum Marketplace platform helps buyers and sellers more easily assess and negotiate potential purchases and sales of listed bonds. It is an online bulletin board that aims to improve transparency and liquidity in the fixed income secondary market.
Users can now access both the primary market, through the existing Debt Solutions platform, as well as secondary market opportunities, on the Marketplace platform, with one login.
By combining both markets, should a user not be able to find an asset that meets their needs in the secondary market, they can effortlessly reverse enquire with any of the corporate issuers through the existing platform. Addendum Marketplace is also not limited to existing Debt Solutions platform users but welcomes all sophisticated institutional funders looking for greater efficiency in the local fixed income market.
- Utilise a single sign-on to the Funding Solutions Platform to access both the Marketplace and Debt Solutions products.
- Gain access to a wide range of listed and unlisted debt instruments from a variety of market sources, on one centralised bulletin board.
- Join a diverse network of market participants and communicate with everyone at once.
- Receive notifications as soon as new debt instruments are added to the platform.
- Post either instruments you are looking to sell or instruments you are looking to acquire.
- Access multiple quotes and meet a range of potential buyers and sellers to effortlessly negotiate and discuss key terms.
- No commitment to buy or sell any instrument unless the price works for you.
- Receive summarised (and anonymised) platform activity across all users.
- Review daily mark to market valuations and other insightful metrics for every instrument on the platform (included for Analytics subscribers).
Addendum Marketplace solves key challenges faced by our local market around liquidity, price discovery and process efficiency.
Analytics – upgrade your market insight
Marketplace users can gain access to a market-leading pricing tool. Powered by valuation experts RiskCafé, the Analytics plug-in will give you a real-time mark to market estimate and other useful metrics for every instrument on the platform. Analytics gives you the ability to source credible, independent third-party valuations for both listed and unlisted debt instruments. This includes both instruments you upload to your private instrument dashboard, or any instrument posted by other users to the Marketplace. The proprietary credit curve being applied is built from a combination of unique, but relevant data sources available in our market and improves in accuracy as platform activity increases.
How to Access Marketplace and Analytics
Existing funders can add the Marketplace and Analytics products to their profile by reviewing the applicable Fee Supplement and ticking the box next to the relevant product. New product functionalities will immediately become available to the funder.
New users interested in accessing these benefits can contact us here.
Addendum provides Supply Chain Finance and Funding Solutions to companies and funders in Africa. Our fintech solutions are capable of unlocking capital and funding for businesses of all sizes. We have designed real-time, online solutions that make markets transparent and products simple and seamless to execute.
Where others saw a barricaded, antiquated machine, we saw possibility. With transparency, convenience and choice as founding principles, Addendum puts you in charge. We believe that a small change to your business strategy – an addendum – can open a world of potential for your business.
Please contact us for more information about how we can unlock value for your business.