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

A-Team Insight Blogs

Interactive Data Launches Fair Value Information Service for Equity Derivatives

Interactive Data Corporation’s Pricing and Reference Data business has launched a Fair Value Information Service that covers international equity index futures, international exchange listed and OTC equity options. According to the vendor, this service is aimed at helping institutions to meet their fair value requirements for portfolios that contain these financial instruments.

Shant Harootunian, managing director of Evaluated Services, Interactive Data Pricing and Reference Data, explains the decision to launch the service: “As mutual funds broaden their strategies to include more complex investments such as international futures and options, there is a greater need for a systematic approach to producing valuations that reflect global market movements.”

Harootunian says that this diversification within US mutual funds directly prompted the vendor to establish a service to meet their needs. The vendor claims that the service can help them determine end of day valuations for international equity index futures and international equity options when market quotations are not readily available at the time of net asset value (NAV) calculation.

“Recent research performed by Interactive Data revealed that approximately 93% of mutual funds employ a systematic fair value methodology for international equities,” adds Harootunian. “Interactive Data’s introduction of such a service for international equity derivatives is a natural progression for the industry.”

Currently, more than 160 fund complexes subscribe to the Fair Value Information Service, he explains.

Related content

WEBINAR

Upcoming Webinar: Brexit: Reviewing the regulatory landscape and the data management response

Date: 11 May 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The...

BLOG

GoldenSource Ushers Reference and Pricing Data into the Front Office with Quant Workbench

Extracting value from data is a priority for financial institutions as the business looks to increase efficiency, reduce costs, identify new opportunities and gain competitive advantage. Some source in-house tools to improve the quality and accessibility of internal and external data, others look to third-parties for solutions. A new tool from GoldenSource, Quant Workbench, brings...

EVENT

Data Management Summit London

The Data Management Summit Virtual explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...