LONDON--()--Fitch Solutions is pleased to announce that Interactive Data, a leading provider of independent pricing and evaluation services, uses Fitch's CDS consensus pricing as an additional input into Interactive Data's CDS Evaluation Service.
“Our relationship with Interactive Data highlights Fitch Solutions' position as a market leading vendor of credit risk and research products and services”
Interactive Data's CDS Evaluation Service covers a wide range of single name corporate, sovereign and U.S. municipal entities, and CDX(TM) and iTraxx(TM) index trades.
"The inclusion of Fitch's pricing data as one of multiple inputs helps support our independent and transparent CDS Evaluated Pricing service, delivering comprehensive coverage and high quality CDS evaluations to our clients across buy and sell-side institutions," said Liz Duggan, Managing Director Global Evaluated Pricing Business at Interactive Data.
Fitch's CDS consensus pricing data comes directly from contributing market makers. Spanning over 11,000 entities, Fitch provides end-of-day pricing for Index, Sovereign and Corporate, and Loan CDS products, benchmarks for illiquid or infrequently traded entities, as well as month-end pricing on ABS of CDS, including credit cards, automobiles, RMBS and CMBS.
"Our relationship with Interactive Data highlights Fitch Solutions' position as a market leading vendor of credit risk and research products and services," said Ian Rothery, Fitch Solutions' Global head of Strategic Partnerships.
About Fitch Solutions:
Fitch Solutions, a division of the Fitch Group, focuses on the development of fixed-income products and services, bringing to market a wide range of data, analytical tools and related services. The division is also the distribution channel for Fitch Ratings content.
Fitch Ratings and Fitch Solutions are part of the Fitch Group, jointly-owned by Fimalac, S.A. and Hearst Corporation. For additional information, please visit 'www.fitchsolutions.com'; 'www.fitchratings.com'; 'www.fimalac.com' and 'www.hearst.com'.
About Interactive Data Corporation:
Interactive Data is a proven industry leader, providing major financial institutions and corporations worldwide with award-winning, 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. For more information about Interactive Data please visit: www.interactivedata.com.
Pricing, evaluations and reference data are provided in the U.S. through Interactive Data Pricing and Reference Data LLC and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd.