ValueLink adds PFPC International as Client for Bond Pricing
PFPC International Dublin has signed up for ValueLink Information Services’ daily closing pricing service with validation reporting. PFPC will use ValueLink’s multiple bond feeds, which, in addition to the standard dual validation, allows clients to switch between vendors on individual assets in order to obtain the latest quotes. PFPC also benefits from ValueLink’s report service,...
Markit Launches European ABS Pricing Service
Markit has launched an independent pricing service for European asset-backed securities (ABS), providing same day bid/offer prices and the spreads and average life assumptions on more than 3,500 European ABSs. The service receives daily mark-to-market pricing inputs from all the major dealers, which Markit cleans and validates prior to price dissemination. Dealers have the ability...
Credaris Chooses Markit For Credit Data Services
Meanwhile, Credaris Portfolio Management, an independent investment management platform, has chosen pricing and valuations vendor Markit for its credit data services. Credaris, which has EUR 1.3 billion in assets under management, provides tailored solutions to European financial institutions aiming to generate high risk-adjusted returns from their credit market asset allocations. Credaris will receive Markit’s credit...
A-Team Group/Reuters Survey: Bond Evaluations Gaining Value?
Placing a value on portfolios of fixed-income securities has always been a tricky business. Because of the securities’ complexity and, often, illiquidity, managers have a hard time sourcing reliable pricing. The U.S. has relied on evaluated pricing services for the past 20 years or so. Finally, it seems, Europe is beginning to follow suit. A-Team...
Capco Launches Global Equities Dividend Forecasting Service
Capco Reference Data Services has launched Global Dividend Forecasting (Global DivCast), a managed data solution that provides a consolidated source of dividend projection data for equities. Features include a forecast of cash flows for a specific security, cash flows calculated using historical and current dividends over a period of two to four years, up to...
FT Interactive Data’s FTS Service is Now Available to Icon Customers
FT Interactive Data’s FTS service, which provides prices, evaluations, FX rates and indices data, is now available to users of Icon, Linedata Services’ back-office fund management and administration solution, through Icon’s Data Integration Platform (DIP). FTS is the first interface available under Icon’s Accredited Data Vendor Partner Programme launched earlier this year. Icon is planning...
Markit RED Reaches 100 Customers Amid Flurry of Activity
Markit, a provider of pricing and valuations, has signed the 100th customer to its Reference Entity Database (RED), which provides reference entity and reference obligation identifiers for the credit default swaps market. The service, launched two years ago, has been actively adding clients and forming alliances with others vendors. Most recently Xenomorph (Reference Data Review,...
FT Interactive Data Expands Fair Value to European Funds
FT Interactive Data is making its Fair Value Information Service, until now only available in the North American market, available to European domiciled funds. The company says that three clients are already using the service in Europe. The service provides users with information that can be used to estimate a price that would likely prevail...
Reuters Targets Bond Evaluations, Enhancing Frequency, Coverage
Although long trailing its rival Bloomberg in the fixed income arena, Reuters is aiming to utilise its acquisitions – namely EJV and Telerate – to bolster its content offerings. Backed by significant investment, Reuters has been developing enhancements to its fixed income evaluations service resulting in the introduction of higher frequency in evaluated pricing updates,...
S&P Adds Markit’s CDS Prices
Standard & Poor’s has entered a new agreement with Markit Group to distribute Markit’s benchmark credit default swap (CDS) prices via Standard & Poor’s CDS Xpress datafeed. The vendor already carries Markit’s Reference Entity Database (RED) in its CDS Xpress and CDS Accelerator products, which are tailored to the synthetic collateralized debt obligation (CDO) market....