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

S&P Selects SuperDerivatives Credit Derivatives Platform to Power New CDS Indices

Subscribe to our newsletter

It has been a busy month for Standard & Poor’s, what with the launch of a number of products from its Fixed Income Risk Management Services (FIRMS) business and the ongoing investigation of its pricing policies within its Cusip Service Bureau business. Just to prove that the other business lines are also beavering away, the vendor has announced that is has selected SuperDerivatives’ credit derivatives platform, SD-CD, to power its new credit default swap (CDS) indices.

The three new indices – the S&P 100 CDS, the S&P CDS US Investment Grade (IG) Index and the S&P CDS US High Yield (HY) Index –will use SD-CD for daily valuations and distribution. Additional credit indices, also powered by SD, will be introduced in the coming months, says the vendor.

James Rieger, vice president of Index Services at S&P, comments: “Following rigorous evaluation, we have chosen the SD-CD platform as our calculation benchmark for credit derivatives, bringing deep analytics, broad instrument coverage, and superior functionality to our family of new CDS indices.”

S&P’s CDS indices will be featured on the SD-CD platform along with other credit derivatives instruments. SD-CD covers a range of credit derivatives instruments such as CDSs, CDS indices, credit baskets and CDO and provides intraday two way pricing, portfolio utilities and market risk metrics.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to gain operational efficiency in corporate actions processing

While the risk associated with corporate actions is well established, many financial institutions continue with manual processing in the back office. More often than not, corporate actions information is manually keyed in and event processing lacks automation. This results in operational inefficiency, and financial risk due to missed events or simply getting it wrong. These...

BLOG

S&P Global to Acquire Data and Analytical Solutions Specialist Visible Alpha

S&P Global has reached an agreement to acquire Visible Alpha, a provider of industry and segment consensus data, sell-side analyst models and analytics from high-quality, exclusive sources. The acquisition will create a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence’s Capital IQ Pro research and analysis platform. Visible Alpha provides consensus...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

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...