Fitch Solutions Launches ABCDS Pricing

In order to meet the growing demand for an independent source of pricing data that covers the global ABS product spectrum, Fitch Solutions has launched Fitch ABCDS Pricing to complement its existing single name CDS and Loan CDS services.

Fitch ABCDS Pricing includes coverage of over 7,500 ABCDS combining consensus pricing for liquid issues with benchmarking for illiquid issues. Asset types include credit card and auto ABS, RMBS and CMBS. The service uses managed data cleaning processes to produce premium quality and reliable spreads.

According to Thomas Aubrey, managing director at Fitch Solutions, “Fitch ABCDS Pricing offers a single reputable source of data that removes the requirement to consolidate and clean data from multiple sources. This provides greater transparency for shareholders and regulators.”