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Trumid Reports Record ADV in May, up 53% Year-over-Year

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Platform Average Daily Volume increased at more than twice the rate of TRACE™ reported market-wide growth, while multi-protocol adoption reached new highs

NEW YORK, June 5, 2026 /PRNewswire/ — Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for May 2026.

Trumid RFQ and Portfolio Trading ADV rose 103% and 82% respectively as list protocols continue to drive growth

May 2026 Highlights:

Trumid reported record Average Daily Volume (ADV) of $10.4B, up 53% year-over-year, more than doubling overall TRACE™ market-wide volume growth, which rose 21% over the same period.

Overall platform market share increased 27% year-over-year.

Sustained momentum in U.S. Investment Grade market share, up 39% year-over-year.

Client engagement deepened, with a record number of traders executing across multiple protocols in May, reflecting growing adoption of Trumid’s integrated trading ecosystem.

Platform-wide growth remained broad-based, led by list trading. Combined ADV across Trumid Portfolio Trading (PT) and RFQ increased 93% year-over-year, while legacy workflows, Trumid Swarms and Attributed Trading, grew 43% over the same period.

Trumid RFQ: ADV increased 103% year-over-year. Around 40% more buy- and sell-side traders executed daily in Trumid RFQ compared to a year ago.

Trumid PT: ADV increased 82% year-over-year, significantly outpacing estimated TRACE™ portfolio trading growth of 39% over the same period. Trumid PT recorded its highest monthly ADV, alongside a new high in buy-side accounts transacting.

Trumid Smart Voice™ and Smart Swap™, AI-powered solutions built using large language model (LLM) technology, continued to gain traction. The capabilities have processed around $90 billion in traded volume year-to-date, eliminating an estimated 110,000+ manual clicks by converting complex, unstructured client conversations into pre-filled trade tickets.

Trumid Full Self Trading (FST™) launched during the month, introducing Trumid’s first fully automated cross-protocol execution capability for fixed income trading. FST is designed to transform trader objectives into coordinated execution across multiple execution channels, currently spanning Trumid RFQ and Swarms. Expansion to Trumid Attributed Trading (firm dealer streams) is planned for H2 2026. The capability helps traders scale presence, reduce missed opportunities, and improve execution efficiency in fragmented electronic credit markets.

Since late 2025, dozens of institutional clients have integrated FST into their daily trading activity, leveraging the platform to autonomously execute across protocols within trader-defined criteria and pricing guardrails.

Now broadly available, clients are using FST across a wide range of trading scenarios, including grey market activity and block trading. Median order size is approaching $5 million, with individual orders exceeding $50 million entrusted to FST.Together, Trumid FST™, Smart Voice™, and Smart Swap™ reflect Trumid’s multi-year investment in AI, automation, and integrated workflow design, bringing intelligence directly into the trading process to enhance efficiency, execution, and client outcomes.

More than 12,300 unique bonds traded on Trumid in May, a new record, with over 1,500 traders transacting on the platform.

Trumid press
+1 (212) 618-0300
press@trumid.com

About Trumid
Trumid is a financial technology company and leading fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated ecosystem of protocols and trading solutions delivered within one intuitive platform. Learn more at www.trumid.com.

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ADR International Launches the World’s First GenAI Virtual Tutor for Procurement Powered by CodeBaby

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AI-powered procurement learning platform combines 40 years of ADR expertise with conversational AI to redefine procurement capability development.

MILWAUKEE, June 5, 2026 /PRNewswire/ — ADR International, a global procurement capability development and consulting organization with more than 40 years of expertise, today announced the launch of Sophie, a GenAI Virtual Tutor trained exclusively on ADR’s proprietary procurement methodologies, consulting frameworks, and real-world procurement knowledge.

Powered by CodeBaby’s Geppetto conversational AI platform, Sophie delivers interactive procurement coaching designed specifically for procurement and sourcing professionals, moving beyond traditional eLearning into intelligent, AI-guided learning and performance support.

Unlike conventional eLearning platforms that rely on static modules and one-way content delivery, Sophie creates an interactive learning environment where procurement professionals can ask questions, explore scenarios, reinforce learning concepts, and receive guided coaching tailored to their specific needs.

“Sophie represents a major shift in procurement capability development,” said Robin Jackson, CEO of ADR International. “This is not generic AI. Sophie is trained specifically on ADR’s procurement methodologies and decades of consulting expertise to deliver highly focused, practical procurement coaching. Organizations like Singtel and Wienerberger are already choosing ADR because of Sophie.”

ADR’s procurement training solutions have been used by leading organizations worldwide across industries including pharmaceuticals, manufacturing, construction, technology, and financial services. Sophie is already being adopted by global organizations to modernize procurement learning, accelerate onboarding, and support ongoing workforce development.

Sophie also supports AI-driven role-play and guided procurement simulations, helping professionals practice negotiations, stakeholder management, sourcing conversations, and change initiatives using ADR’s proven consulting methodologies.

The launch also marks ADR’s expanded U.S. market presence through its strategic collaboration with Milwaukee-based conversational AI company CodeBaby.

“ADR’s procurement expertise gives Sophie a level of domain intelligence generic AI platforms cannot replicate,” said Norrie Daroga, CEO of CodeBaby. “Together, we’ve created a conversational AI experience designed specifically for procurement learning and performance support.”

ADR plans continued expansion of Sophie’s capabilities, including multilingual support, advanced procurement simulations, and broader supply chain learning applications.

To learn more or request a live demonstration of Sophie, visit:
www.adr-international.com

About ADR International
ADR International is a global procurement capability development and consulting organization with more than 40 years of experience helping organizations improve procurement performance, sourcing capability, and supply chain effectiveness. ADR provides procurement training, consulting, eLearning, and capability development solutions to organizations worldwide. Learn more: www.adr-international.com

About CodeBaby
CodeBaby provides a scalable conversational AI platform, Geppetto™, that enables organizations to build and deploy real-time, character-based AI experiences for customer engagement, workforce training, and interactive learning applications. Designed for natural interaction at enterprise scale, Geppetto enables unlimited simultaneous conversations through approachable, easy-to-deploy AI characters without the complexity and cost associated with hyper-realistic digital human technologies. CodeBaby’s solutions are used by leading global enterprises across hospitality, entertainment, healthcare, education, and consumer brand environments. Learn more at www.codebaby.com.

For media inquiries, demo requests, or interviews, contact:

Media Contacts:

ADR
Robin Jackson
Robin.Jackson@adr-international.com

CodeBaby
Bill Grindle
bgrindle@codebaby.com
614-554-3985

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Isos Technology Celebrates 21 Years of Solving Enterprise Business Challenges

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Milestone reflects more than two decades of helping organizations streamline, optimize, and modernize the way they work

TEMPE, Ariz., June 5, 2026 /PRNewswire-PRWeb/ — Isos Technology, a leading provider of Atlassian, cloud, and enterprise technology solutions, celebrates 21 years in business today, marking more than two decades of helping organizations solve complex technology and business challenges.

“A huge thank you to all of our clients and partners for trusting us with their toughest challenges from the very beginning, and sticking with us along our journey to the top of the Atlassian ecosystem.”

Founded in 2005, Isos Technology began as a consulting firm focused on enterprise software development and custom solutions. Since then, the company has grown into the top Atlassian Platinum Solution Partner in North America, supporting commercial and public sector clients across a wide variety of industries including financial services, healthcare and life sciences, gaming, media and entertainment, and the U.S. federal government.

Over the years, Isos has helped thousands of organizations transform how they work to drive impactful business outcomes. Isos solutions combine Atlassian technology, industry expertise, and operational best practices to drive results for technology and business teams, including IT, DevOps, HR, and Marketing. That work involves helping clients with service management (ITSM and ESM), cloud upgrades, AI adoption, enterprise strategy and planning, support, and training.

“Turning 21 as a company is a huge accomplishment. I’m so proud of what we’ve built and all the people who contributed to our success,” said Thad West, Executive Chairman and Co-Founder of Isos Technology. “A huge thank you to all of our clients and partners for trusting us with their toughest challenges from the very beginning, and sticking with us along our journey to the top of the Atlassian ecosystem. The whole Isos team is focused on the continued work ahead, and I look forward to celebrating the next 21 years.”

“This milestone is so much more than a number,” said Ron Thompson Jr, President of Isos Technology. “It’s all about the trust Isos has earned and the responsibility that comes with it. Whether we’re planning a large-scale ServiceNow to JSM migration, implementing agentic workflows for product development, or bringing structure and governance to complex environments, we’re committed to helping clients get the most value from their Atlassian investment and providing five-star client experiences.”

About Isos Technology

Isos Technology partners with organizations to streamline, optimize, and modernize the way they work. As an Atlassian Platinum Solution Partner, our solutions combine Atlassian technology, industry expertise, and operational best practices to drive impactful business outcomes for clients. Clients trust our experience in service management, cloud upgrades, enterprise strategy and planning, AI adoption, and support services to create lasting value. Founded in 2005, Isos has helped thousands of commercial and public sector clients transform how they work and unlock the full potential of their organization. For more information, visit isostech.com.

Media Contact

Erin Philips, Isos Technology, 1 (480) 366-5784, erin.philips@isostech.com, isostech.com

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WESTERN RESERVE ACADEMY RECEIVES $10 MILLION FROM SHARKNINJA CHAIRMAN

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CJ Xuning Wang Unveils Vision for National Network of School Makerspaces During Western Reserve Academy Bicentennial

HUDSON, Ohio, June 5, 2026 /PRNewswire/ — As the world grapples with how to prepare students for a future shaped by artificial intelligence, entrepreneurship and rapidly changing technologies, global business leader and inventor CJ Xuning Wang believes schools need a new model for learning.

Today, during the Bicentennial Celebration Weekend of Western Reserve Academy (WRA), Wang will unveil the next phase of this vision.

The entrepreneur, philanthropist and Chairman of SharkNinja is celebrating a second $5 million investment in WRA’s innovation ecosystem, bringing The CJ Wang Family Foundation’s total support for innovation and entrepreneurship at the school to $10 million. The gift will support a 16,000-square-foot expansion of the school’s makerspace and innovation facilities and serves as the first step in a broader aspiration: creating a model that can inspire similar innovation centers at schools across the United States

“Western Reserve Academy is not the finish line,” Wang said. “It is the beginning. The results here are clear, that students learn best when they are given the freedom to create, build, experiment and solve real problems.”

The expanded facility at WRA, known as the Wang Makerspace, will serve as the centerpiece of WRA’s new Center for Arts, Innovation and Humanity. The project reflects WRA and Wang’s shared belief that future-ready education must combine technological fluency with creativity, ethics, communication and human-centered thinking.

Wang’s vision is deeply informed by his own career as an engineer, inventor and entrepreneur. As founder of the home appliance company Joyoung, Wang invented the world’s first automatic soy milk maker and built one of China’s most successful consumer brands. Today he serves as Chairman and Refounder of SharkNinja, whose products are used by millions of households around the world.

His original gift established WRA’s Wang Innovation Center in 2017, a facility that transformed teaching and learning on campus and became one of the school’s defining educational spaces. Students use the makerspace to engage in robotics, engineering, digital fabrication, entrepreneurship, design thinking and emerging technologies. The center has become a model for interdisciplinary learning and is frequently cited by prospective families as a defining feature of the WRA experience.

Today’s groundbreaking also celebrates two additional $1 million gifts that will establish the Hannah Han Artificial Intelligence Lab and the Jeanne Donovan Fisher Theater, as well as the support of the EE Ford Foundation for developing a center for Food Innovation, Service and Sustainability. Together these reinforce WRA’s belief that technology and humanity should advance together.

“Our Bicentennial is not simply about honoring 200 years of history,” said Suzanne Walker Buck, Head of School. “It is about imagining the next century of education. CJ Wang’s vision challenges all of us to think bigger about how schools can cultivate innovators, creators and leaders. His investment in WRA is helping build a model that reaches far beyond our campus.”

The groundbreaking will immediately follow another major Bicentennial milestone: the dedication of an official historical marker from the Ohio History Connection honoring Frederick Douglass and his landmark 1854 commencement address at Western Reserve College.

Together, the two ceremonies reflect the dual themes of WRA’s Bicentennial year: honoring the pursuit of truth that shaped its past while investing in the innovation that will define its future.

Founded in 1826, Western Reserve Academy is Ohio’s oldest boarding school and is celebrating its Bicentennial throughout 2026. The June 5 events follow a sold-out Bicentennial concert, Light and Truth, performed by The Cleveland Orchestra at Severance Music Center. Learn more at WRA.net.

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