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

Share article

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: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings

Date: 21 January 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions...

BLOG

Australia Sees Groundswell in Demand for LEI Registrations

The year 2019/20 saw a doubling of LEI registrations in Australia, according to APIR Systems, a provider of essential infrastructure for the wealth management industry in Australia, including acting as an official registration agent for the issuance of LEIs. Coming into legal force in Australia on October 1, 2019 after numerous postponements, there has been...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that will be held in May 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

FATCA – The Time to Act is Now

The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...