About a-team Marketing Services
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: The ROI of Data Trust: Quantifying the Business Value of Data Observability

Data is the fuel that keeps modern financial institutions’ motors running but if that data can’t be trusted then the decisions made based upon it, or the uses to which its put, will be compromised. That’s especially important for data that’s fed into artificial intelligence models. If the data isn’t clean, accurate and complete, then...

BLOG

MCPs in Data Management: A Fundamental Shift in Scaling AI

The breakneck development of artificial intelligence tools and applications is visible in the rapid emergence every six months or so of “the next big thing”. Generative AI was the big thing two years ago, agents were the big thing last year and this year it’s the turn of Model Context Protocols (MCPs). Attracting the “game...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...