ICAP plc, an inter-dealer broker, will offer its global market data to the clients of Standard & Poor’s, a provider of financial market intelligence.
Standard & Poor’s securities evaluations will provide the ICAP data through MasterFeed, its consolidated securities reference data and end-of-day pricing feed service.
Standard & Poor’s is enriching its evaluations with ICAP data in response to growing demands from clients who deal with complex global, multi-asset class instruments, including Asian and European credit derivatives, Asian government bonds and other fixed income products. The two companies believe access to ICAP’s pricing data can help Standard & Poor’s clients improve overall portfolio management and risk assessment.
“This agreement gives our clients a single delivery source of market pricing from ICAP, a market leader in interest rate, credit and derivatives products,” said J.R. Rieger, vice president of global evaluations for Standard & Poor’s. “As a result of this enhancement, clients can leverage both Standard & Poor’s and ICAP’s data to meet increased internal and external demand for comprehensive, transparent market coverage and consistent pricing.”