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

TP ICAP Sets Up Parameta Solutions as New Brand for Data, Analytics and Post-Trade Offerings

Subscribe to our newsletter

TP ICAP has set up a new business, Parameta Solutions, to provide a flagship brand for its data and analytics division. It is due to be opened officially next week.

Parameta’s data and analytics offerings will include unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmarks and indices, and pre and post-trade analytics.

On the post-trade side, Parameta aims to help market participants control counterparty and regulatory risk through a growing range of tools for managing balance sheet exposure, as well as compression and optimisation services.

According to Eric Sinclair, CEO of Parameta Solutions, the new brand will bring greater visibility and strength to the solution set formerly within TP ICAP’s data and analytics division. “We needed a global data brand to represent our franchise as an information business, as distinct from TP ICAP’s IDB business. The Parameta brand gives that distinction,” he says.

In March 2021, TP ICAP completed its £700 million acquisition of LiquidNet, whose investment analytics division will also be rolled into the Parameta brand, along with a range of TP ICAP’s post-trade services. “With such a strong foundation of data and analytics, we’ll have greater capability to do more for our clients, a far richer offering, and a skill set among our team that is richer than it has ever been,” says Sinclair. “Given our expanding capabilities, we’ll also be able to make more partnerships and move up the value pyramid.”

As well as aiming for greater penetration into TP ICAP’s existing customer base, Parameta is looking to expand to a wider customer base. “We have a growing presence in the middle and back office, particularly around risk management and compliance,” says Sinclair. “Our new capabilities appeal to the buy side, not only asset owners and asset managers, but also corporates needing inside market pricing levels from a premier OTC source. So we’re expanding our addressable market to include the buy side and corporates, particularly on the energy and commodities side. This is an important growth opportunity for us.”

Sinclair says Parameta will shortly release a webstore that will allow clients to license its products online via the cloud. “Clients will be able to acquire our products in the same way as they go onto Amazon and order books,” he says. “That self-service capability will be very attractive, particularly for hedge funds that want to act quickly when they see an opportunity in the market.”

TP ICAP’s data and analytics division posted a 9% increase in revenues (in constant currency) at £145 million in 2020. Other brands within the division include Tullett Prebon Information, PVM Data Services, ICAP Information, Liquidnet Investment Analytics and Burton Taylor Consulting.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best Practices for Managing Trade Surveillance

The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...

BLOG

Parameta Solutions Launches Enhanced Real-Time OTC Oil Market Data Service

Parameta Solutions, the data and analytics division of TP ICAP Group, has launched an upgraded real-time data service designed to improve transparency in over-the-counter (OTC) oil trading. The service provides live, broker-sourced pricing from TP ICAP subsidiaries PVM and ICAP, with data from TP to be added later in October. Parameta claims that this makes...

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...