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Highlights

  • Patent supports BondGPT’s AI-driven bond trading on LTX’s electronic trading platform
  • Features include explainability tools and AI compliance verification for enterprise trading workflows
  • LLM orchestration integrates multiple data sources, boosting pre-trade decision efficiency

Broadridge Financial Solutions Inc. (NYSE: BR) has been granted U.S. Patent No. 11,765,405 for its proprietary methods enabling large language model (LLM) orchestration of machine learning agents, a system powering its BondGPT and BondGPT+ platforms. The patented technology underpins AI tools used on the LTX fixed income e-trading platform, a subsidiary of Broadridge.

Initially launched in June 2023, with an enterprise version released in October 2023, BondGPT uses OpenAI’s GPT models in conjunction with multi-agent orchestration to answer natural language financial queries. The platform automatically pulls and processes data across internal and external datasets, improving the efficiency of trade execution and pre-trade analytics for bond traders and portfolio managers.

The patent covers a range of AI capabilities, including explainability via a "Show your work" feature that outlines how AI-generated responses are constructed. It also includes adversarial multi-agent structures to improve output accuracy and compliance features tailored to enterprise-specific regulatory frameworks.

BondGPT+ further enhances functionality by integrating proprietary client data, third-party analytics, and role-based access and retrieval controls. The platform's ability to deliver personalized, data-rich insights in real time is expected to streamline complex trading workflows.

Jim Kwiatkowski, CEO of LTX, noted that the patent validates their development efforts, as BondGPT has gained positive market feedback. The patented innovations add to Broadridge’s growing portfolio of intellectual property in the fixed income technology space, including dealer scoring algorithms, liquidity aggregation, and bond similarity search tools.

This development highlights a broader trend toward leveraging generative AI in capital markets infrastructure. For Broadridge, a publicly traded financial services firm on the NYSE under ticker BR, securing intellectual property in this space positions the company to further expand its suite of AI-enabled trading tools amid increasing demand for automation and compliance in bond markets.