3 major entities support a UK bond market transaction record management bid aligned with British regulators' consolidated tape plan.

Google Cloud, Norway's sovereign wealth fund, and UBS have supported a bid to manage the UK's real-time bond market transaction record. This initiative aligns with British regulators' plans to create a consolidated tape for market data. The EU has mandated trading platforms to provide price data for a fee. The firm Ediphy is leading the project, with expectations for the bond tape to be operational by late 2026.