WHO WE ARE, WHAT WE DO, WHY WE DO IT AND THE CHOICES WE MAKE
About
NowCM
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A single source of truth: One platform for all participants.

The Funding of the Future Now!

NowCM is the leading market infrastructure provider for primary markets and acts also as issuer for third parties. It offers a market-leading, cloud-native data platform for creating, negotiating, and managing debt, along with an end-to-end secure, digital workflow platform. These tools enable all participants in the primary bond markets to collaborate in real-time, fostering an open and cooperative environment.
NowCM facilitate access to primary markets for inaugural and infrequent issuers through its Treasury-as-a-Service (TaaS) facility. This entity is regulated by the CSSF in Luxembourg and operates as a “funding subsidiary” using standardised yet flexible documentation and fully automated digital workflows.
NowCM’s 360-degree suite of services is completed by a multi-lateral trading facility (MTF) that NowCM owns and operates. It stands as the world’s first and only regulated primary marketplace, subject to the supervision of the ACPR and AMF in France.
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LET THE NUMBERS SPEAK

LET THE NUMBERS SPEAK

LET THE NUMBERS SPEAK

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INTRODUCING NOWCM'S

APP Benefits

We aim to achieve three main benefits for our clients, including ACCESS BENEFITS, PROCESS BENEFITS and PRICE DISCOVERY BENEFITS. We call these our APP benefits

Access Benefits

The global bond markets vary significantly in size, depth, credit quality and sophistication. Correspondingly, access to the capital markets also varies significantly and significant value and growth can be achieved if access can be improved.
NowCM Access Achievement
Size of opportunity

Process Benefits

There are several workflow inefficiencies in today’s workflows and meaningful cost and time savings can be achieved through its digitalisation …. but don’t let yourself be fooled …. This is less about savings than it is about the digital imperative!
What is the digital imperative?
What is achievable?
Our Process Benefits

Price Discovery Benefits

We refer to price discovery benefits, when we can act as catalyst to achieve a more objective and data-based pricing of primary bonds. Price discovery benefits are also achieved by enabling a quicker and more reliable price-discovery data on which successful execution decisions can be made.
Shelf Life of Bonds
First Primary Marketplace
Our Price Discovery Benefits
WE STAND BEHIND

Our Words

NowCM is the first and only regulated market infra-structure with a complete and cloud-native workflow.
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NOWCM HISTORY

Roadmap to Future

2012
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Robert Koller and Chris Lewis automate the first debt issuance programme while at Simmons&Simmons
2016
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eppf is established as an industry initiative
2017
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eppf becomes regulated by the CSSF
2019
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Launch of the first documentation module on eppf
2020
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NowCP`s MTF is launched in Paris
2020
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Initial collaboration talks between NowCP and eppf commence on docs and marketplace
2020
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eppf becomes a member of SWIFT
2021
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eppf announces connectivity to Liquidnet`s investors and their primary market tools
2021
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eppf announces acquisition of majority stake in NowCP
2022
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Group changes name to NowCM, which stands for Now Capital Markets
2022
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NowCM opens in-house developer hub in Lisbon
2022-2025
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NowCM participates in the DLT pilot regime
2022
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NowCM announces connectivity with BondAuction
2023
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Extension of CP issuance licence on marketplace to also include bonds, Schuldschein and NSVs
2023
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Announcement of new unified UI/UX for complete suite of NowCM modules.
2023
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Announcement of several new partnerships and connectivities.
2023
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NowCM acquires all digital and IP assets of London-based fintech Nivaura.
2024
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NowCM partnered with WithSecureTM to fortify its primary capital markets platform with state-of-the-art, bank-grade cybersecurity defences.
2024
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NowCM and White & Case established for Haniel the world’s first fully digital, end-to-end automated commercial paper programme.
2025
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KfW for the first time used NowCM’s cloud-based platform as part of a private placement.
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OUR 3-5 YEAR

Strategic Objectives

Our strategy is defined by the choices we make
Objective #1: Continuous DevelopmentObjective #1: Continuous Development

Pursue and achieve client benefits through continuous development of our products

Objective #2: Inclusivity and NeutralityObjective #2: Inclusivity and Neutrality

Promote collaboration and seek to deliver the best digital customer outcomes for all by being inclusive and neutral and by offering easy-onboarding and connectivity to clients, partners and service providers

Objective #3: ExpertiseObjective #3: Expertise

No compromises regarding level of required expertise in capital markets, regulatory matters and technology

Objective #4: SustainabilityObjective #4: Sustainability

Apply sustainability considerations in all product development / solutions and activities

GOING DIGITAL

It's Happening!

THE DIGITAL IMPERATIVE
DIGITAL ECONOMY
COLLABORATION
DLT READINESS

What is the digital imperative?

During this digital transformation into a digital economy, it is important to clearly distinguish the dog and the tail and who is wagging whom.

We often hear that the debt capital markets work just fine and the sheer volume of successful issuance should be evidence enough to this effect. This may be the case for now, but to assume that any meaningful human economic activity somehow can continue without getting fit-for-purpose in a digital economy is just plain wrong.

In order to remain competitive, every single economic process and activity will need a digital response and those who decide to ignore this will fall behind. This is what drives the Digital Imperative. There really is no other viable choice.

With IoT, the amount of credit-relevant data in the economy will keep on growing exponentially and we believe that the link between financial instruments like bonds and the flow of operating data collected from real-world assets will become increasingly interconnected.

Now is the time to proactively engage and effectively influence the global primary debt markets in this transformation. Now is the time to ensure we achieve sustainable solutions that do good. The first step on this journey is to get the primary workflow and contact information into a format that stands a chance of interacting with this transformation. It is for this first step that we built the NowAccess, NowDocs and NowSpace module suite.