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

Standard & Poor’s Expands Valuations Via Exclusive Arrangement with CSV

Subscribe to our newsletter

Hot on the heels of its new evaluated pricing service for the European structured finance marketplace, Standard & Poor’s has struck an exclusive alliance with New York-based Complex Security Valuations Inc. (CSV) to provide valuations for complex, illiquid and hard-to-value securities. The deal will expand both companies’ offerings in the space, and establish a combined product and bespoke pricing facility, with the latter providing clients with direct access to valuations specialists.

The arrangement with CSV will boost S&P’s valuations offerings to include complex instruments, including credit default swaps, interest rate swaps, and credit- and equity-linked notes. Last month, S&P launched its structure finance valuations offering, with coverage of asset- and mortgage-backed securities (Reference Data Review, March 2006).

CSV’s valuation process uses market research, academic papers and industry practitioner journals to reverse-engineer primary market pricing. The company offers audit trails of the assumptions and theoretical underpinnings of its models, giving clients defensible and documented pricing methodologies.

According to Peter Jones, director of European securities evaluations at Standard & Poor’s, Standard & Poor’s will offer the complex security valuations through its bulk feed mechanisms, including the newly expanded MasterFeed. In addition, customers will be able to contact CSV valuations specialists directly to discuss valuations and methodologies.

“This is an on-demand service,” says Jones. “CSV has a extensive library of structures and algorithms and they will look to provide pricing solutions for many different derivative and security types”.
Strategically for Standard & Poor’s, the CSV relationship extends its initiative to offer pricing and valuations for hard-to-price instruments. “There’s no real change of message here,” says Jones. “It’s an extension of our content and capabilities through the asset classes. Our aim through this offering is to focus on niche areas: hard-to-find, illiquid, over-the-counter, complex, hard-to-price securities.”

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

Bloomberg Debuts Real-Time Events Data Feed

Bloomberg has broken new ground with the release of its Real-time Events Data solution, which it says will help financial institutions make better decisions faster, based on the most accurate and timely information. The US financial data and technology behemoth has leveraged its real-time streaming API connectivity to provide subscribing clients with data from earnings...

EVENT

TradingTech Summit London

Now in its 15th 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...