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

A-Team Insight Blogs

Interactive Data Now Delivers Intraday Fixed Income Valuations

Subscribe to our newsletter

Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that it now delivers intraday fixed income valuations to help clients around the world more closely monitor portfolio value changes and provide European and Asian domiciled funds with new inputs to their fair value procedures.

Employing a variety of advanced analytics from Andrew Kalotay Associates, Inc. (Kalotay), Interactive Data now generates intraday values for a broad spectrum of fixed income instruments in all the major currencies. The service complements Interactive Data’s Basket Calculation Service, an intraday indicative pricing service, which also utilises Kalotay analytics.

Interactive Data’s extended valuation capabilities include: hourly valuations for fixed rate securities from 07:00 GMT – 15:00 GMT in British pounds, euros, Swiss francs, Danish krone, and Swedish krona. In addition, hourly valuations are available in euros for floating rate securities. Hourly valuations from 07:00 GMT – 18:00 GMT are also available in U.S. dollars for fixed rate corporate, sovereign, treasury, municipal and agency bonds, fixed-rate mortgage-backed securities, and floating rate notes.

For European and Asian domiciled funds that invest in global fixed income securities, current market quotations may not be readily available for certain securities at the time of a fund’s valuation point. For example, a popular valuation point for U.K. domiciled funds is 12:00 GMT (07:00 ET), at which point the US fixed income markets are not open. UK-domiciled funds that invest in US fixed income securities may want to consider these intraday fixed income valuations as part of their fair value procedures. Similarly, the service may be of interest to funds in Asia that value their portfolios at local market close (09:00 GMT).

“We are excited to build on our capabilities in valuations, including in intraday indicative pricing, by offering an expanded intraday fixed income valuation service,” said Roger Sargeant, managing director, International, Interactive Data. “Using Kalotay’s fast, easy-to-implement calculation engines, we were able to respond in a timely fashion to client demand in this important area. Our new offerings enable clients to more closely monitor changes in portfolio values throughout the day, at points that fit in with their workflow, including during times when the local markets for certain securities are not open.”

Interactive Data delivers intraday fixed income valuations to clients through FTS, its flexible portfolio administration tool for the desktop. Intraday fixed income valuations are now also available to clients through PlusFeed, Interactive Data’s consolidated, low-latency datafeed.

“We are very pleased that Interactive Data selected our high-speed libraries to address their valuation needs,” said Andy Porter, managing director, Andrew Kalotay Associates.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to leverage data lineage for actionable business insights

Data lineage is a must-have for financial institutions, but is it being used to its greatest extent, and is it delivering actionable business insights that inform product development and support competitive advantage? This webinar will address these questions, looking first at the status quo of data lineage across capital markets, and moving on to discuss...

BLOG

China’s CITIC Securities Selects NeoXam DataHub for Master Data Management

CITIC Securities, one of the largest securities companies in China, has selected NeoXam DataHub to deliver a master data management (MDM) project covering all its asset classes, business entities and corporate actions. The solution will be used to collect, clean and process data from Bloomberg, Refinitiv, Wind, Caihui, Juyuan and other data sources, and generate...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...