InspereX Infokit

InspereX Launches

Incapital and 280 CapMarkets complete merger to become InspereX — A leading fintech transforming how fixed income securities and market-linked products are accessed, evaluated, and traded

Delray Beach, FL – July 6, 2021 – InspereXSM announced today that it has merged the broker/dealers of Incapital and 280 CapMarkets, which completes the merger of the two firms and officially launches InspereX.Incapital and 280 CapMarkets announced their intent to merge to form InspereX on February 18, 2021. By transforming how fixed income securities and market-linked products are accessed, evaluated, and traded, InspereX gives financial advisors and their trading desks, institutional investors, money managers, and issuers better control over executing their strategies and achieving their goals. InspereX and its pioneering BondNav® platform – one of the first cloud-native bond aggregation platforms – offer clients a broad set of competitive advantages:
  • Deep access to fixed income investments across asset classes
  • Transparency driven by real-time technology
  • Aggregated market access, data insights, and compliance tools
  • Best execution targeting price improvements
  • Tech-enabled, multi-channel distribution
  • Industry-leading fixed income and market-linked product expertise, origination, distribution, and education
“Success in the capital markets today requires speed and depth of access, transparency, best execution, and real-time insights gained from the aggregation of market data that only technology can deliver,” said John DesPrez, CEO of InspereX. “That’s what makes InspereX such a powerful competitive advantage for the institutions, advisors and issuers we serve. Through innovation, we are delivering exactly what our clients need to achieve success with visibility and intelligence across the fixed income and market-linked product landscape. At the same time, we will maintain our commitment to excellence in client service – the human touch that distinguishes our approach.” The InspereX leadership team includes Tom Ricketts as Chairman (formerly co-founder and Chairman of Incapital); John DesPrez as CEO (formerly CEO of Incapital); Dave Rudd as President (formerly co-founder and President of 280 CapMarkets); and Prescott Nasser as Chief Technology Officer (formerly co-founder and Chief Technology Officer of 280 CapMarkets).

The New FinTech with a Strong Foundation

InspereX unites the strengths of both organizations: Incapital’s 21-year history of leadership in fixed income and market-linked product origination, underwriting, trading, sales, distribution, and education with Silicon Valley fintech 280 CapMarkets’ innovative focus on digitally transforming how the fixed income markets are viewed, accessed, and traded. The firm’s legacy includes:
  • Over $670 billion par value of new issue securities underwritten and distributed
  • Over 2,000 distribution partners
  • More than 400 fixed income and market-linked product issuing entities represented
  • Over $2.3 billion of ESG investments distributed since 2005

About InspereX

InspereX is transforming how fixed income securities and market-linked products are accessed, evaluated, and traded. Home to the pioneering BondNav® platform – one of the first cloud-native bond aggregation platforms – InspereX provides financial advisors, institutional investors, issuers, and risk managers deep access to fixed income markets across asset classes, as well as industry-leading origination, distribution, and education in market-linked products. Focused on delivering true price transparency, liquidity, best execution targeting price improvement, and the information advantage gained through data-aggregation – InspereX inspires greater confidence through the power of technology. The firm is a leading underwriter and distributor of securities to more than 2,000 broker-dealers, institutions, asset managers, RIAs, and banks. InspereX represents more than 400 issuing entities and has underwritten more than $670 billion in securities. The firm has seven trading desks and more than 200 employees with principal offices in Delray Beach; San Francisco; Chicago; and New York City.