Exchange Data International Joins Mondas’ List of Approved Feeds
Mondas has added corporate actions data from Exchange Data International (EDI), which is now on their list of ‘proven ISO 15022’ data providers. The data is now available via Mondas’ flagship Radica CAPS corporate actions software solution. The interface will allow Mondas clients to automate the capture of global corporate actions through the Radica CAPS.
Standard & Poor’s Raises Bar On Intraday Evaluations Data
Standard & Poor’s has upped the ante in the European pricing evaluations space by introducing five intraday pricing updates per day covering the complete universe of European securities. The move drives up the level of competition with dominant provider IDC, which provides end of day updates, and Reuters, which currently provides three daily updates, but...
Bear Stearns Taps Fidelity For Corporate Actions Data
Bear Stearns has signed a two-year agreement for access to Fidelity ActionsXchange’s corporate actions data and processing solution. The big U.S. investment bank will implement the Fidelity service in support of its global equities and fixed-income operations. Boston-based Fidelity ActionsXchange, a subsidiary of Fidelity Capital, will provide Bear Stearns with access to its proprietary platform...
Cantor Fitzgerald and German-Based Asset Manager Opt for Xcitek XSP
Cantor Fitzgerald Europe and an unnamed German-based asset manager have selected XSP from Xcitek to automate their corporate actions processing. XSP will be implemented within Cantor Fitzgerald’s wholesale brokerage services group, BGC Partners. Meanwhile, the German-based asset manager has licensed both eTRAN and the ISO 15022-compliant messaging module for the automated notification and response capture...
Mark to Market Launches Derivatives Valuations Service
A newly formed company, Mark to Market, is introducing an independent real-time valuation service for financial products from cash loans and deposits through to complex derivatives. The m2m online service has been launched in response to the recent developments in accounting and reporting requirements, in particular the International Accounting Standard 39 (IAS39) and U.S. Financial...
Standard & Poor’s Expands Valuations Via Exclusive Arrangement with CSV
Hot on the heels of its new evaluated pricing service for the European structured finance marketplace, Standard & Poor’s has struck an exclusive alliance with New York-based Complex Security Valuations Inc. (CSV) to provide valuations for complex, illiquid and hard-to-value securities. The deal will expand both companies’ offerings in the space, and establish a combined...
Bloomberg Adopts Stealth Approach to Add Evaluated Pricing Service to Data Arsenal
Acknowledging its lack of reliable pricing data for illiquid securities, Bloomberg is quietly building a team of analysts in preparation for a product launch in the pricing evaluations business. The move follows the lead of long-time evaluations provider Interactive Data Corp. (FT Interactive Data) and recent moves by Reuters, Standard & Poor’s and others, and...
FTID Enters Business Entity Data Fray with Avox Deal
Getting in on the business entity data act, FT Interactive Data Europe has teamed up with Avox (formerly known as Azdex) to link issue to issuer and parent data. The deal brings them into the competitive realm of the likes of the Crosswalk joint venture and CounterpartyLink, and is in direct response to yet another...
Exchange Data and CounterpartyLink Join Forces with New Service
Exchange Data International (EDI) and CounterpartyLink (CPL) have joined forces to provide an integrated data service providing EDI’s corporate actions and reference data linked to and supplemented by legal entity data from CounterpartyLink. The new service is designed to help financial institutions comply with anti-money laundering (AML) and know your customer (KYC) regulations, and puts...
Loan Market Association Selects Markit to Deliver European Data
The Loan Market Association (LMA) has selected Markit Group to provide its members with European loan prices. The new pricing service, freely available to LMA members via a dedicated page on Markit’s website, will provide close to 6,000 loan prices daily, drawn from price contributions from over 40 leading market-makers in Europe, North America and...