Julius Baer has introduced a new electronic trading platform provided by a U.S. fintech that will help fixed income traders in their daily business.

Zurich-based private bank Julius Baer has launched a pilot of an order and execution workflow solution provided by Marketaxess, the U.S. company said in a statement. The new electronic trading platform is designed to provide traders with more time to deliver bigger and more complex transactions by making everyday business simpler.

The Marketaxess solution is specifically aimed at private banks, which execute a multitude of relatively small deals for clients.

«We’ve been very pleased with the success of the Axess IQ pilot so far and look forward to working with MarketAxess further as new functionality and products are added,» said Stefan Rosskopf, head of fixed income advisory and execution at Julius Baer.