PFPC International Dublin has signed up for ValueLink Information Services’ daily closing pricing service with validation reporting. PFPC will use ValueLink’s multiple bond feeds, which, in addition to the standard dual validation, allows clients to switch between vendors on individual assets in order to obtain the latest quotes. PFPC also benefits from ValueLink’s report service, whereby static quotes and price movement reports are generated daily and sent to the client, allowing them to keep track of any issues. Data is being delivered in a bespoke file format to match PFPC’s internal system requirements.
The tailor-made offering allows the programming of new data fields and a custom-made format needed for full automation of the price feed. The process of switching sources on individual assets is ongoing at PFPC’s request and due to ValueLink’s universe specific rules, sources can be swiftly amended from one timeslot to the next.