“We lost a little bit of our focus on technology,” Ricketts, who had been chief executive officer of Incapital until leaving to run the Cubs in 2009, said in an interview on Thursday. In 280 CapMarkets, which has roots in municipal-bond issuance, he found a partner “looking at what was next in the market.” Incapital underwrites new debt from government-sponsored enterprises and corporations as well as mortgage-backed securities, connecting issuers with investors. It also offers structured notes linked to assets like stocks, commodities and currencies. Part of 280 CapMarkets’ appeal is BondNav, its system that aims to streamline fixed-income workflows for customers.

https://www.bloomberg.com/news/articles/2021-02-18/cubs-owner-ricketts-merges-his-bond-broker-with-fintech-startup?sref=EcccZSTc