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

A-Team Insight Blogs

SIX Telekurs Partners with CSV for Complex Securities Pricing

Subscribe to our newsletter

SIX Telekurs has signed a partnership agreement with CSV Incorporated in order to expand its evaluated pricing for illiquid securities with complex structures. The vendor has added CSV as a source of independent, transparent valuations for complex securities to provide its customers with more coverage and greater depth of information, explains Barry Raskin, managing director of SIX Telekurs in the Americas.

“In these turbulent times, our clients are looking for better ways to value illiquid securities with complex structures,” says Raskin. “CSV is an ideal, independent partner for pricing these investments, because of their expertise and because their valuation process is transparent – making it appropriate for compliance with Basel II, IAS 39 and FAS 157.”

Perry Beaumont, principal at CSV, elaborates on the vendor’s offering, which covers a range of fixed income and credit asset classes: “For illiquid securities where prices are not generally available from more traditional sources, we offer a unique solution where quantitatively oriented methods are applied along with market-based inputs and comparisons, and we deliver a mid-market indication of price.”

The vendor launched its valuations service last year, at which point it partnered with Frankfurt-based valuations provider ValuePrice, a specialist in structured products in particular. In March, Telekurs expanded its fair value coverage yet further still to include a total of 57,000 straight and zero bonds, and 27,000 floating rate notes.

The new partnership combines both vendors’ specialist knowledge claims Beaumont: “Each firm plays a role in the creation and delivery of the daily pricing, with SIX Telekurs providing instrument level reference data that we need to ensure accurate valuation, as well as the global distribution network which helps ensure effective distribution of the resulting valuations.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to optimise the business value of your data using agile data governance

Date: 10 March 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data governance is transforming from a risk management and compliance tool with limited and prescriptive controls, to a solution that can help you optimise the business value of your data. In this role, data governance must scale to manage...

BLOG

Liontrust Implements Fundipedia Platform to Gain Golden Source Data

Liontrust Asset Management has implemented Fundipedia’s data management platform to provide golden source, validated, and trustworthy data for both the company and its downstream data vendors. The project was delivered by Fundipedia’s implementation team, which onboarded Liontrust’s data in less than 12 weeks. Vinay Abrol, chief financial officer and chief operating officer at Liontrust, says:...

EVENT

ESG Regulation, Reporting & Data Management Summit (Redirected)

This summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...