Category: RDR-Evaluated Prices
On 05 Sep 2008 in RDR-Evaluated Prices, Reference Data Review
Online marketplace for commercial debt, DebtX, has signed an agreement with Bloomberg under which its loan pricing data is available to Bloomberg subscribers via the Bloomberg Professional L service.
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On 01 Sep 2008 in A-Team Free, Delivery Terms, RDR-Evaluated Prices, Reference Data Review
The International Swaps and Derivative Association (ISDA) has formally recognised interdealer broker BGC Partners’ euro interest rate swap (EUR) and US dollar (USD) interest rate swap pages as price references. The pages will be snapshots of real-time BGC screens taken at a predetermined time daily.
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On 07 Aug 2008 in RDR-Evaluated Prices, Reference Data Review
Interactive Data Corporation’s Managed Solutions group has signed an agreement with Spanish financial information company Unidad Editorial (Un), under which Interactive Data has rights to market and distribute funds data provided by Un’s newspaper Expansión in Spain and Portugal. The agreement also includes calculating, maintaining and distributing Expansión’s new star ranking of funds in both countries.
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On 29 Jul 2008 in RDR-Evaluated Prices, Reference Data Review
Fincad and SimCorp have entered into an agreement to integrate Fincad’s derivatives pricing software into SimCorp’s investment management enterprise solution, SimCorp Dimension. The global agreement extends SimCorp Dimension’s integrated pricing mechanism to encompass a wider range of derivatives than previously available, including credit derivatives and instruments implemented within the system’s new XpressInstruments framework.
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On 29 Jul 2008 in RDR-Evaluated Prices, RDR-Risk Management, RDR-Valuations, Reference Data Review
Interactive Data Corporation has added an interface to the BondEdge structured finance cash flow engine and library through GGY’s Axis system. The Axis system’s pricing, valuation and modelling tools can now be used for the complex fixed income securities modelled by Interactive Data Fixed Income Analytics.
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On 17 Jul 2008 in RDR-Evaluated Prices, RDR-News in Brief, Reference Data Review
Telekurs Financial has signed an agreement with Bondweb Malaysia, the Asian country’s only current bond pricing agency, to integrate Bondweb’s fair value prices into Telekurs’ Valordata Feed (VDF) and Intraday Pricing Service (IPS). The deal with the Malaysian agency is part of Telekurs’ strategy to provide greater coverage of global fixed income markets. “Access to a transparent fair value pricing service is crucial to participants in the fixed income market on both the buy side and the sell side,” says Fritz Hediger, head of marketing at Telekurs Financial.
On 02 Jul 2008 in A-Team Free, AMIT-Pricing & Reference Data, AsiaMarketsIT.com, Delivery Terms, RDR-Evaluated Prices, Reference Data Review
Telekurs Financial has signed an agreement with Bondweb Malaysia, the country’s only current bond pricing agency, to integrate Bondweb’s fair value prices into Telekurs’ Valordata Feed (VDF) and Intraday Pricing Service (IPS).
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On 01 Jul 2008 in RDR-Evaluated Prices, RDR-Risk Management, Reference Data Review
Fitch Solutions has launched Fitch Risk and Performance Platform, a new platform providing market-based credit risk analytics, credit default swap (CDS) pricing and fundamental ratings content. It is an extension of Fitch’s market implied ratings platform and incorporates new tools for quickly reviewing credit entity performance within a user’s portfolio.
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On 27 Jun 2008 in RDR-Evaluated Prices, Reference Data Review
Asset management system supplier SimCorp has incorporated a new module, XpressInstruments, which focuses on the processing of structured products and exotic instruments, into its investment management system, SimCorp Dimension. According to the vendor, this new addition allows these complex instruments to be valued using multiple market tested pricing and valuation models already contained within SimCorp Dimension.
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On 10 Jun 2008 in RDR-Data Services, RDR-Evaluated Prices, Reference Data Review, SIFMA TMC, SIFMA TMC News & Views, STN2-Exhibitor Press Releases, STN3-From the Exhibit Floor
Interactive Data Corporation (booth # 1405) a leading provider of financial market data, analytics and related services, today announced that it can now deliver indicative intra-day valuations for exchange traded notes (ETNs) and values for market indices.
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On 10 Jun 2008 in RDR-Data Services, RDR-Evaluated Prices, RDR-Reference Data Vendors, Reference Data Review, SIFMA TMC, SIFMA TMC News & Views, STN0-Show Countdown, STN2-Exhibitor Press Releases
Interactive Data Corporation(IDC), a leading provider of financial market data, analytics and related services, is making data from its Pricing and Reference Data business available through ValueLink’s PriceValidation service, the company is announcing on booth # 1405.
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On 29 May 2008 in RDR-Evaluated Prices, Reference Data Review
Misys has achieved certified alliance partner status under Markit’s certification programme and has integrated Markit’s loan pricing service into Misys Loan IQ, its commercial lending solution. The combined offering will enable mutual clients of the two companies to automatically price loans from the Misys Loan IQ platform.
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On 22 May 2008 in RDR-Evaluated Prices, RDR-News in Brief, Reference Data Review
BancorpSouth Bank, a US-based commercial bank, has gone live with OTC Valuation’s derivative valuation service as part of its drive to improve its audit and valuation capabilities. The vendor has reported a good start to the year in terms of client interest as a result of the post-credit crunch focus on external sources of evaluated prices.
On 07 May 2008 in RDR-Evaluated Prices, Reference Data Review
Interactive Data has widened the distribution of its bond evaluations through a deal with Deutsche Börse, which will be making the data available to financial institutions in Germany.
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On 24 Apr 2008 in RDR-Evaluated Prices, Reference Data Review
CMA, the credit information specialist recently acquired by CME Group (Market Data Insight, April 2008), has signed LaCrosse Global Fund Services as a client for its consensus-based price verification data, DataVision, as a key component of LaCrosse’s valuation service for global clients.
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On 31 Mar 2008 in A-Team Free, Delivery Terms, RDR-Evaluated Prices, Reference Data Review
In order to meet the growing demand for an independent source of pricing data that covers the global ABS product spectrum, Fitch Solutions has launched Fitch ABCDS Pricing to complement its existing single name CDS (Reference Data Review, January 2008) and Loan CDS services.
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On 21 Feb 2008 in RDR-Evaluated Prices, Reference Data Review
The credit crunch may have put pressure on spending decisions by financial institutions, but the need for external sources of evaluated prices, particularly for asset backed securities, has been “starkly portrayed”, and the “mood is definitely swinging in favour” of making greater use of third party sources, believes Ian Blance, who recently joined derivatives specialist OTC Valuations after many years at Interactive Data, to drive the newcomer’s business development globally.
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On 21 Feb 2008 in RDR-Evaluated Prices, Reference Data Review
A consortium comprising Zeliade Systems, OTC-Conseil, JPLC, Dexia CL, Evry University and Microsoft France and dubbed CRIS (Credit Risk Services) plans to develop a platform for independent valuation and risk management of credit derivatives.
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On 19 Feb 2008 in RDR-Evaluated Prices, RDR-News in Brief, Reference Data Review
NYSE Euronext (NYX) has launched Prime Source, a new independent valuation service. This solution is designed to meet professional buy side market participants’ needs for valuation of large, global portfolios of complex structured products and illiquid securities. Prime Source enables users to access prices and valuations from different sources, including markets, dealer contributions and valuation models, NYX says. Offering both automated and tailor-made valuation services, Prime Source assists users in answering on a daily basis valuation issues in compliance with relevant regulations and accounting standards. Prime Source also integrates the technology and processes developed by recently acquired IVRS (www.ReferenceDataReview.com, February 18 2008) that allow for the automated daily valuation of products in fixed income, credit and equity.
On 18 Feb 2008 in RDR-Evaluated Prices, RDR-News in Brief, Reference Data Review
Lombard Risk Management, provider of regulatory, risk management and valuation software for the financial sector, has sold its wholly owned subsidiary Independent Valuation and Risk Services (IVRS) to Liffe (Holdings), the subsidiary of NYSE Euronext, for a consideration of some £700,000 plus a deferred consideration element to be calculated based on actual revenues that are achieved from certain named customers over the next year. IVRS reported revenues of £266,270 for the year ending March 31 2007.
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