Intercontinental Exchange (ICE) Data Services’ Continuous Evaluated Pricing (CEP) has been integrated into BlackRock Solutions’ Aladdin risk and enterprise investment system.
Aladdin is a portfolio management system for investment managers that combines risk analytics with trading and position monitoring tools on a single platform.
ICE Data Services’ CEP provides a set of real-time, independent evaluated prices for the fixed income markets, covering more than two million securities globally.
CEP offers Aladdin users greater transparency into a broad range of valuation, assessment and risk scenarios, providing a view of market conditions throughout all phases of their investment process.
“We’re pleased to offer ICE Data Services’ CEP through Aladdin,” says Shirlee Tevet, COO of the Aladdin business within BlackRock Solutions. “CEP can offer our clients a transparent view into the global fixed income market to enable informed decision making across pre-trade price discovery, trade execution, portfolio monitoring and analysis, and risk management.”
Lynn Martin (pictured), president and COO of ICE Data Services, says: “In working with BlackRock to offer their clients CEP, we’re bringing more data, transparency and visibility into traditionally opaque fixed income markets. Our proprietary approach to evaluations combined with our global coverage and award-winning technology, create powerful analytics tools that help our clients adjust to changing market dynamics.”