Bank of America Introduces AI-Driven Capital Markets Insights on CashPro App
Bank of America has unveiled a new feature called Capital Markets Insights on its CashPro App, announced in a press release. This feature provides a centralized view of market and issuance data for U.S.-based CashPro clients, including the AI-driven Trade Evaluation Driver (TED). The TED score offers an objective measure of market conditions, aiding clients in making informed decisions about investment-grade issuances.
The CashPro App, used by over 40,000 corporate and commercial clients globally, now aggregates data that was previously scattered across emails, phone calls, and third-party channels. This data is presented in personalized views, including market statistics, same-day issuance information, and new issuance data from the past month. The app's enhanced functionality aims to streamline decision-making for CFOs and treasurers, allowing them to act more quickly and efficiently based on relevant market information.
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