“Behaviour has changed in the credit market,” said Michael Sobel, president of Trumid. “The market was forced, like all sorts of other things, to adopt technology during the pandemic. We think it is indicative of a steady march of this asset class to a more mature market structure.”

https://www.ft.com/content/2665721a-0b09-484b-b1e3-e824f91d36d3