The following is from the executive summary in McPartland, “Corporate Bond Liquidity Solutions Emerging”: Investors continue to express frustration with credit market liquidity, but massive efforts undertaken by market participants and service providers are finally starting to ease the pain. Success has started to arrive via solutions that open up the pool of potential buyers and sellers, and platforms that mine data to create a view into the location of every bond in the world.

The former is a very logical step, with increased volumes on allto-all platforms a tangible sign of progress. The latter is an even more complicated undertaking and could arguably be more impactful over the long run. Explain what is meant by this quote.