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

Markit Adds Sensitvities Data to CDS Pricing

Subscribe to our newsletter

Markit, a leading, global financial information services company, today announced it is supplementing its end-of-day prices for credit default swaps (CDS) with a new sensitivities report that will give clients valuable information about the relationship between a CDS price and other market variables.

The new Markit CDS Sensitivities service gives clients the ability to understand how sensitive a particular CDS spread level is to changes in interest rates, credit quality and recovery assumptions, among other factors affecting CDS pricing. The report is comprised of seven variables and covers all 2,600 five-year, single name CDS and CDS indices (on- and off-the-run) priced by Markit.

Independent, objective data from Markit CDS Sensitivities on how a CDS could respond to changing market conditions are important not only to traders, but to risk managers and the management of investment firms which need tools to run sensitivity analysis on their portfolios and comply with IFRS 7 and other regulations that require management to disclose how the firm perceives, measures and manages financial risk.

Armins Rusis, Managing Director and Global Head of Data, Indices and Research at Markit, said: “CDS Sensitivities is another example of how Markit is expanding its core data sets to include derived data that provide more context for clients. Having independent data to enable analysis of the relationship between price and variables like interest rates and credit quality is very valuable in giving additional metrics for quantitative and qualitative assessment of the potential volatility of a portfolio.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: ESG data sourcing and management to meet your ESG strategy, objectives and timeline

Date: 11 June 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes ESG data plays a key role in research, fund product development, fund selection, asset selection, performance tracking, and client and regulatory reporting, yet it is not always easy to source and manage in a complete, transparent and timely manner....

BLOG

Bloomberg ESG Tool Assesses Potential Impact of Company Business on UN SDGs

Bloomberg has launched a tool that investors can use to assess the potential impact of a company’s business on any of the United Nations’ 17 Sustainable Development Goals (SDGs). It is a response to increasing demand for objective SDG-related data and provides data mapping and materiality assessment to offer more clarity to investors seeking to...

EVENT

Data Management Summit New York City

Now in its 14th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

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...