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Prime Source Adds Interactive Data’s Bond Evaluations to Valuations Service

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NYSE Euronext’s valuations service subsidiary, Prime Source, has chosen to add bond evaluations from the Pricing and Reference Data business of Interactive Data to its valuations service. The vendor, which was established in February last year, hopes that the data from Interactive Data will enhance its multi asset-class portfolio valuations service.

Prime Source’s service is offered on a web-based platform and allows users to access prices and evaluations from different sources, including markets, dealer contributions and valuation models.

In December, the vendor announced a partnership agreement with Paris-based Pricing Partners under which the firms are combining their valuations offerings. The partnership is aimed at boosting the vendor’s competitive offering as a relatively new entrant in the increasingly crowded valuations space.

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