Brian Willinsky, +1 781-687-8291
Europe and Asia-Pacific
+44 (0)20 7825 8012
Interactive Data Announces Enhancements to FINRA-Interactive Data Structured Trading Aggregate Reports Available in Vantage
New Information within Trading Reports Provides More Comprehensive View of Securitized Products Market Activity
Monday, August 06, 2012
Dateline: New York
Category: Product News
August 6, 2012 - Interactive Data Corporation, a leading provider of independent evaluated pricing and valuation services, today announced enhancements to the FINRA-Interactive Data Structured Trading Aggregate Reports available in VantageSM, the web application that increases fixed income transparency.
In the midst of the current lower interest rate environment, market participants such as traders, portfolio managers and risk managers require a more comprehensive view of the entire spectrum of securitized products. A new Agency Hybrid ARMS trade reporting summary and more granular trading detailed tables are now available via Vantage. The additional trading details support the front office in identifying the most active segments of an opaque market.
In addition to the ARMS report for agency pass-through securities, Vantage now includes lower coupon ranges (2.5% and 3.0%), and settlement dates as far out as four months. With these additional layers of granularity, financial institutions can now obtain a more complete view of trading activity related to securitized products.
Last year, Interactive Data and FINRA jointly launched the FINRA-Interactive Data Structured Trading Aggregate Reports, which are designed to provide transparency into market activity related to U.S. structured securities on a daily basis. This set of reports incorporates FINRA’s Trade Reporting and Compliance Engine® (TRACE®) data, offering an aggregate summary of daily transactions in the U.S. structured securities market by asset class.
“The combination of Interactive Data and FINRA’s transparency into market activity, along with our ability to deliver unique views into securitized products, has enabled us to expand our reporting capabilities available through Vantage,” said Liz Duggan, managing director, Global Evaluations for Interactive Data. “Our clients continue to demand additional transparency into these and other asset classes, and we are committed to working with FINRA to deliver new data and tools to support a broad range of risk management functions.”
“We are pleased to team up with Interactive Data to provide additional depth of market data related to securitized products,” said Ola Persson, FINRA Vice President. “Investors continue to seek greater levels of transparency for these asset classes in the midst of ongoing market volatility and low interest rates.”
About Interactive Data Corporation
Interactive Data is a proven industry leader, providing major financial institutions and corporations worldwide with timely, high-quality independent evaluated prices to support their mission-critical operations. The Company delivers daily evaluations representing approximately 100 countries and 30 different currencies for 2.8 million financial instruments. Thousands of financial institutions worldwide, ranging from central banks to large investment banks to hedge funds, subscribe to Interactive Data’s daily evaluated pricing. Interactive Data has over 2,500 employees in offices worldwide.
A diverse group of capital markets participants worldwide have adopted Vantage, including leading asset managers, broker-dealers, corporations and insurance companies.
For more information about Vantage and to request a trial, please visit http://www.interactivedata.com/VantageEvaluatedPricing/
Pricing, evaluations and reference data are provided in the US through Interactive Data Pricing and Reference Data, Inc. and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.
For further information, please contact:
Brian Willinsky (North American media)
Tel: +1 781-687-8291
Tel: +1 212-858-4336