About a-team Marketing Services
The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

CMA to Integrate CDS Price Data from DataVision with Pricing Partners’ Price-it Excel

Subscribe to our newsletter

CME Group-owned Credit Market Analysis (CMA) has signed a partnership agreement with valuation analytics vendor Pricing Partners, under which CMA will integrate its credit default swap (CDS) price data from DataVision with Pricing Partners’ multi-asset class pricing platform, Price-it Excel. The vendors claim this will provide OTC credit market participants with greater accuracy and transparency of valuations, against a background of increased scrutiny of pricing practices.

Laurent Paulhac, CEO of CMA, explains the reasoning behind the decision to make its buy side consensus-based CDS pricing available via the Pricing Partner platform: “It is important for us that our clients can consume the data they need via the platform of their choice. Combining data from CMAs buy-side consortium with Pricing Partners’ technology enables market participants to apply the most reliable CDS data to a wide variety of trading, analytic and risk management functions.”

Eric Benhamou, CEO of Pricing Partners, says it chose to partner with CMA because of the “precision and timeliness” of its data, which he describes as “premium fuel” for the Price-it Excel platform.

The pressure for firms to increase the transparency of their valuations practices has meant a boom in spending in this sector, despite the downturn in the global markets. This, in turn, has prompted an increase in the valuations vendors on the scene and a fiercely competitive marketplace.

To stave off competition many vendors have opted to either merge or partner with other market contenders and this partnership is one such example. Another similar deal was agreed between RiskVal and Markit in February, under which RiskVal integrated Markit’s industry standard pricing and reference data into its Credit-X platform.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The challenges and potential of data marketplaces

Date: 13 October 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data is the lifeblood of capital markets. It is also a valuable commodity providing financial institutions with additional insight when gathered in an internal data marketplace, or packaged and sold externally to other institutions. While the theory is sound,...

BLOG

MarkLogic Revitalises Roadmap with Smartlogic Integration and Entry into ESG Market

MarkLogic has taken significant steps since its October 2020 acquisition by Vector Capital, a private equity firm investing in established technology businesses. Among them are the acquisition and ongoing integration of Smartlogic, provider of a semantic AI platform that contextualises complex information; a move into the ESG market; and a revitalised roadmap. MarkLogic acquired Smartlogic...

EVENT

ESG Insight Briefing New York (Redirected)

The briefing will explore challenges around assembling and evaluating ESG data, how to apply new technologies to improve data quality and insight and the impact of regulatory measures on standardisation efforts.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...