ICAP plc and Interactive Data Corporation announced a new collaboration between the two firms. ICAP Information Services offers benchmark market data products and services to thousands of customers throughout the world. The alliance with Interactive Data allows expands ICAP’s reach further and offer its products to a whole new set of financial professionals. The agreement also provides Interactive Data clients the capability to access ICAP data via multiple Interactive Data desktop platforms and data feed offerings, all of which will be covered under a direct license between the client and ICAP.
Risk managers, institutional investors and portfolio managers increasingly require access to comprehensive pre-trade price information for improved evaluations, risk management and compliance assessments. Under the new agreement, Interactive Data clients can access a broad spectrum of ICAP data via the Consolidated Feed, including ICAP’s award-winning interest rate, credit, fixed income, money markets, foreign exchange, and energy market data. This data can support enhanced market analysis, including price verification, price forecasting, correlation analysis and liquidity profiling.
About: ICAP Information Services (IIS) is a unit of ICAP’s Post Trade Risk and Information division. The Group provides data services across all key asset classes and offers innovative solutions for real-time, end-of-day and historical products. As the leading provider of OTC market information, IIS is at the forefront of delivering independent data solutions to financial market participants.
Source: Interactive Data Press Release