Interactive Data Corporation, a provider of global pricing, reference and corporate actions data, has expanded its real-time fixed income pricing services.
“We are able to leverage the significant investment we have made in technology to extend our real-time fixed income pricing services,” says Mark Hepsworth (pictured), president of its pricing and reference data business. “The fixed income markets are changing, and we see a growing opportunity to provide independent real-time evaluated fixed income pricing to the front office to support pre-trade transparency and investment analysis. We also see benefits for our clients’ post-trade operations, as they look to adopt more intraday processes to get ahead of the pricing window.”
In addition to delivering real-time evaluated pricing via a data feed, Interactive Data also plans to add real time pricing to Vantage, its fixed income transparency display application.
“As well as seeing rapid uptake of Vantage with our post-trade operations clients, we also see front office users adopting Vantage to gain greater transparency into fixed income securities pricing. The addition of real-time evaluated pricing to our end of day evaluation services offerings will provide clients with even greater insight during the trading day,” says Hepsworth.
Interactive Data already offers intra-day corporate actions and reference data through Apex, its new delivery platform for pricing and reference data.
“The expansion of our evaluated pricing capabilities to real-time is the next step as we continue to evolve our products from end of day to intraday and real-time delivery that supports pre- as well as post-trade activity,” Hepsworth says.