Origin, the London-based fintech digitizing debt capital markets, has launched Origin Intelligence, a bond data extraction AI that can extract up to 79 data points from bond documentation with over 95% accuracy. Origin Intelligence supports a variety of documents including bond termsheets and final terms. Users can now drag-and-drop Word or PDF documents into the Origin Platform, and the system will extract all the relevant data points necessary for post-trade processing steps such as ISIN code allocation, security set up within Bloomberg, and post trade processing at IPAs, CSDs, and exchanges.

Nationwide Building Society has successfully completed two private placement covered bond transactions, NOK 1bn (XS2674624379) and NOK 80mm (XS2674667774), through the Origin platform. These transactions mark the first covered bond issuances on Origin by Nationwide. All 10 of the transaction documents, including the Final Terms, were digitally drafted, reviewed, and signed on the platform.

Volvo Treasury AB, advised by a group of banks including active bookrunners Citi, ING, Mizuho and Societe Generale, has successfully issued a dual tranche €1bn benchmark Senior Unsecured bond in the first fully syndicated bond issuance on the Origin platform. This follows a private placement transaction already issued by Volvo via Origin.

MUFG and Origin have launched Origin Documentation solution for its Equity-linked Structured Notes product offering – achieving full automation and straight through processing.

Origin, the London-based fintech digitising debt capital markets, has launched Origin Extract to digitise any manually created bond termsheet, extracting structured data to automate and streamline the processes that depend on them.