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

Prime Source and Pricing Partners Join Forces for Valuations Offerings

Subscribe to our newsletter

Following its selection of Asset Control’s AC Plus earlier this month, NYSE Euronext’s valuations service subsidiary, Prime Source, has announced a partnership with Paris-based Pricing Partners under which the firms will combine their valuations offerings. The valuations vendors hope that the agreement will allow them to extend their instrument and global coverage.

Pricing Partners’ focus on valuing structured derivatives products should extend Prime Source’s offering in this area and the latter’s geographic reach should add to the former’s global footprint. Eric Benhamou, CEO of Pricing Partners, explains the drivers for them: “Working with Prime Source is a great way for us to rapidly reach a global market, thanks to the vast network of the world’s leading stock market operator.”

Marie-Hélène Crétu, CEO of Prime Source, adds: “Pricing Partners are experts in the valuation of structured derivatives products, having created and developed some of the most advanced mathematical models in the industry. This actually enhances our valuation services offer available via Prime Source. It gives our customers an even wider choice for the valuation of a variety of financial instruments from a single provider, without the need to appoint many specialist suppliers to meet complex valuation needs.”

Launched in February 2008, Prime Source provides financial institutions with a portfolio valuation service covering a range of asset classes and financial instruments. It offers both automated and bespoke valuation services and uses prices from sources including markets, dealer contributions and valuation models.

The valuation space has received a lot of interest over the last year, as regulatory scrutiny of fair value pricing has increased as a result of the credit crisis. However, the influx of new entrants into the market has been such that market participants have been flooded with choice. The likely outcome of such a boom will be consolidation, as more and more vendors make the decision to partner rather than compete in a market faced with tightening budgets.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

PE Deal Failures Highlight Importance of Private Data, Says JMAN Group

The critical importance of data to the private equity and alternatives markets sector is starkly underlined by an observation from Anush Newman, chief executive and co-founder of JMAN Group. “In the past 18 months, I know of at least 20 acquisition deals that have fallen through because the target companies didn’t have enough data to...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...