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

Reuters Offers Bear Stearns CDS Prices Alongside Composite

Subscribe to our newsletter

Reuters has teamed with Bear Stearns Pricing Direct (PricingDirect) to provide its customers with credit default swaps and interest rate swaps prices from PricingDirect, alongside its own composite. For Bear Stearns Pricing Direct, this is an opportunity to tap into a significant distribution network, especially outside the US.

According to Bob Rose, senior managing director, Bear Stearns Pricing Direct, “the partnership is off and running”, with a number of coverage and quality evaluation tests already under way. Michele Kelsey, product business owner – DataScope Pricing and Reference – confirms “the activity is already proceeding better than planned”.

Increasingly, regulatory requirements are mandating the use of multiple price sources from a choice of providers for pricing and fund valuation, says Kevin Bradshaw, global head of Enterprise Information, Reuters. “Bear Stearns is seen as best in class for particular parts of the CDS market, and now our clients have the option to source Bear Stearns prices and ours via one source. In the future we will look to build this capability out by adding our own prices and those from further partners,” he says.
Forging such partnerships is not merely a function of high quality prices, he adds. “One of the challenges with adding partners, quite aside from ensuring the quality of pricing, is their readiness to support customers in a production environment. Bear Stearns runs this as a pricing service in its own right, and therefore has both the fixed income capability and the production team. In other instances, the quality of pricing might be high, but the provider is not geared up to operating as a pricing vendor.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

A (Free) Practical AI Handbook for Capital Markets Professionals

Artificial Intelligence (AI) has swiftly transitioned from a promising concept into an operational reality across the capital markets. Senior executives, compliance leaders, and technology specialists are already well-acquainted with the potential of AI to streamline processes, enhance decision-making, and open new competitive opportunities. Yet, the current challenge isn’t about grasping AI’s transformative potential – it’s...

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

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...