KeyBanc Capital Markets, the corporate and investment banking arm of Cleveland-based KeyCorp, announced the addition of industry veteran Brian McGrath to lead its Investment Grade (IG) Credit Trading platform. McGrath, a Managing Director, will lead a team of IG algorithm traders including Brian Colleran and Abhra Halder.

The firm recently announced its adoption of Bloomberg’s flagship real-time market data feed, B-PIPE, for its IG Credit Algorithm. This tool in conjunction with the expertise of KBCM’s trading team will ensure that clients have access to high-quality, consistent data, with greater automation and accuracy in bond pricing.

“We continue to make investments in our people and systems to grow our platform with capabilities that meet the everchanging landscape and structure of fixed income trading,” said Brian Brennan, Head of Fixed Income at KeyBanc Capital Markets. “Our focus on all credit investors have afforded us strong distribution in support of our primary issuance in investment grade and high yield credit. Brian adds to that by bringing deep relationships with the fixed income investor and dealer community.”

McGrath brings more than 25 years of experience of fixed income trading experience specializing in high grade credit. Most recently, he was Senior Vice President and Head of IG Credit Trading at Fifth Third Bank. Previously he oversaw the High-Grade Fixed Income Trading desks at Stifel Financial and Baird.

McGrath earned his MBA from UNC Kenan-Flagler Business School in Chapel Hill, N.C. and his B.A. in Economics from The University of Maryland Baltimore County.