ICAP and QUICK, Japan’s largest financial information vendor, have signed a long-term “Enterprise Agreement” to provide extensive ICAP data products and services to QUICK’s customers in Japan and internationally.
Under the new “Enterprise Agreement”, QUICK will now be able to provide its customers access to additional key ICAP Real-time data including Global FX & Cross Currencies, Forwards, NDFs, as well as Interest Rate Derivatives, Credit Derivatives and Global Fixed Income benchmark data andJGBs.
In addition to the ICAP Real-time data coverage, ICAP End of Day “mark-to-market” data services and Redistribution applications can also be made available by QUICK to its customers under the new “Enterprise Agreement” parameters. ICAP specialist services – SwapPX and GovPX are also being made available via QUICK’s services.
“ICAP has had a longstanding relationship with QUICK and we have worked closely with QUICK to provide an extensive framework Agreement to empower their new business models with ICAP data solutions. Our overall strategic partnership encompasses both ICAP Information and ICAP electronic FX (ICAPEBS) data distribution in Japan and clients will now have the ability to access to the various ICAP service options via the QUICK product suite,” says Mark Benfield, director, ICAP Information Services – Asia Pacific.
“QUICK is also pleased to enter into a new “Enterprise Agreement” with ICAP which will allow flexibility to offer our customers additional ICAP “benchmark” real-time data sets and now the ICAP mark-to-market data. QUICK believes that the broader coverage of data to be brought by the agreement will certainly benefit QUICK users and continue to meet their requirements,” adds Naoaki Fukuzaki, managing director, QUICK Corp.