US banks break ranks on book building tech to move out of ‘Stone Age’

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

US banks break ranks on book building tech to move out of ‘Stone Age’

ebook_adobe_230x150
Technology in the hands of businessmen | violetkaipa - stock.adobe.com

Three US banks announced this week that they were setting up a new electronic platform to make primary issuance easier, which will go head to head with software firm Ipreo’s efforts. Primary markets bankers are keen to see more competition in the race to improve new issue tech, but some worry that the three banks will undermine a broader market initiative using Neptune software to solve the same problem.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article