Overbond has added a rich-cheap model to its suite of AI fixed income analytics, allowing buy-side desks around the globe to generate systematic return with a real-time, fully back-tested methodology that is part of a scalable and interoperable trading system. Combining both static and dynamic analysis of multiple factors with AI, Overbond’s rich-cheap model provides a quantitative method for screening for mispriced fixed income securities. It’s a mean-reversion valuation model designed to pre-identify bonds as rich ‘sell’ and cheap ‘purchase’ candidates based on proprietary Overbond valuation metrics and AI non-linear optimization. The rich-cheap model is offered as an add-on to Overbond’s COBI-Pricing LIVE, which has industry leading coverage of fixed income prices, liquidity scores and trading recommendations. With COBI-Pricing LIVE, fixed income traders have at their fingertips a powerful AI-driven suite that can automate trade flow and improve liquidity risk, price monitoring and reporting. Overbond’s AI works for trades of any size and with varying liquidity profiles, and the system can be integrated with existing systems.