Case Study: agora achieves faster, more efficient fixed income lifecycle management with R3 Corda

agora - Customer Case Study

agora, a UK-based fintech focused on capital markets, needed a better way to manage syndicated bonds and structured products in a market still relying heavily on voice, email, and chat. These legacy communication methods created delays, manual transcription, reconciliation issues, and costly errors across fixed income lifecycle events. Vendor R3 provided the Corda platform to support a more collaborative, secure, and automated approach.

R3 helped agora build Corda-powered Syndicated Bond and Structured Products applications that synchronize data across permissioned parties, automate lifecycle events with smart contracts, and create a single version of the truth. The solution has driven major efficiency gains, including a 93% reduction in time spent on indications, more than three hours saved per syndicate manager each week, and about $15,000 in annual savings per syndicate team member. It also supports broader industry savings estimated at up to $250 billion a year.

agora

Charlie Berman

Chief Executive Officer