Fitch Acquires ValuSpread Swaps Data Service from Lombard Risk
At 01 Aug 2005 18:41:29 in MDI-Credit Markets IT, Market Data Insight
Ratings agency Fitch Ratings has acquired the ValuSpread credit derivatives pricing data business from Lombard Risk Management. Fitch paid £6 million plus £625,000 in deferred income for ValuSpread, which was founded in 1999 and provides daily information on credit default swap spreads. Fitch plans to operate the company as an independent business unit.






