Euroclear subsidiary Xtrakter, the provider of capital market data, will provide daily pricing data to the clients of S&P Capital IQ, the provider of multi asset class data, research and analytics.
Under the agreement, S&P Capital IQ can offer its clients access to pricing data on over 45,000 domestic and international fixed income securities, including asset-backed securities, via XM2M, Xtrakters mark-to-market securities pricing services.
S&P Capital IQ will add Xtrakters data to its existing valuation and pricing portfolio to provide customers with trade prices and market quotes alongside its evaluated prices and model valuations. The offering is to be made available via S&P Capital IQsValuation and Data Transparency web portal, as well as through plug-in and data feed services.
“By extending our offering with Xtrakters XM2M, we continue to deliver transparency and context to the valuation and pricing processes for our clients,” said Peter Jones, senior director at S&P Capital IQ. “Combining daily trade prices and quotes into our offering assists pricing, accounting and investment professionals, as well as risk managers, to better distinguish between price and valuation risk, and market and credit risk. It also provides insight into the underlying drivers of security and issuer risk.”
(JDC)