The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Deutsche Börse to Distribute Interactive Data’s Bond Evaluations

Interactive Data has widened the distribution of its bond evaluations through a deal with Deutsche Börse, which will be making the data available to financial institutions in Germany.

Through the use of Interactive Data’s Pricing and Reference Data bond evaluations, Deutsche Börse’s clients will now be able to request evaluations for specific securities in their portfolios via its securities information service for the back office, the Wertpapier Service System (WSS) File Service. Interactive Data will then return the evaluations to clients through Deutsche Börse’s WSS.

Markus Heer, head of section back office data and analytics at Deutsche Börse, explains: “We have had a working relationship with Interactive Data for a number of years and through mutual discussions, we identified a demand in the German market for bond evaluations. We conducted discussions with our clients on the matter at the start of 2007 and we decided that Interactive Data’s offering was the best option.” Heer indicates that the client feedback so far has been very positive and it has been of benefit to Interactive Data’s customers by providing better integration in the back office.

Roger Sargeant, managing director, Interactive Data (Europe), adds: “With increased regulation and the volatility in the financial markets, firms are focused on the need to have a firm grasp on the value of their holdings – especially thinly traded fixed income securities.”

Interactive Data offers daily evaluations for approximately 2.5 million fixed income and international equity issues and more than 5000 financial institutions worldwide subscribe to its bond evaluations. The evaluations include corporates, high yields, governments and agencies, securitised debt issues, ABS, CMBS and CMOs, US municipal securities, hybrid securities and money market securities.

Related content

WEBINAR

Upcoming Webinar: FRTB: What still needs to be done before the global deadline of January 2023?

Date: 8 March 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes While implementation of Fundamental Review of the Trading Book (FRTB) regulation has been delayed twice for reasons first of complexity and second of the coronavirus pandemic, the final deadline of January 1, 2023 is less than a year away....

BLOG

CUSIP Global Services seeks new owner as regulator requires S&P Global to divest the company to progress merger with IHS Markit

CUSIP Global Services (CGS) is looking for a new owner following the European Commission’s phase one approval of the $44 billion merger of S&P Global and IHS Markit. While the merger will create a financial data and analytics powerhouse large enough to challenge market leaders Bloomberg and the London Stock Exchange Group (LSEG), including Refinitiv,...

EVENT

Data Management Summit New York City (Redirected)

Now in its 8th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

Entity Data Management Handbook – Second Edition

Entity data management is this year’s hot topic as financial firms focus on entity data to gain a better understanding of customers, improve risk management and meet regulatory compliance requirements. Data management programmes that enrich the Legal Entity Identifier with hierarchy data and links to other datasets can also add real value, including new business...