Reuters and Paladyne Systems, Inc. have integrated Reuters DataScope Onsite with the PALADYNE range of products.
Reuters DataScope Onsite provides pricing, factors, terms and conditions, corporate actions, cash flows, and analytical data on the universe of asset-backed securities including MBS, Agency Pools, Whole Loans, TBA Pools, and MBS derivative products such as CMO’s.
This joint product offering is in response to an increased demand for comprehensive asset-backed data within the alternative investment industry.
Reuters has continued to actively market its product and data applications to hedge funds and their service providers, and since announcing the relationship in mid 2006, Reuters and Paladyne are now servicing over forty new clients using the data as part of Paladyne’s fully-hosted ASP platform. This offering provides clients with access to data from both the Reuters DataScope Fixed Income bulk data feeds and the extensive fixed income detailed data from the Reuters DataScope Onsite product.
Both Paladyne Security Master and Paladyne Price Master are fully integrated with Reuters DataScope bulk and Reuters DataScope Onsite feeds.
“We are very pleased to be working with Paladyne to further extend our reach into the hedge fund marketplace. Paladyne has established itself as a leader in this industry and their ASP solution is ideally suited for delivering our bulk data feeds to large numbers of customers,” says Caroline O’Shaughnessy, global head, Indirect Channel, Enterprise, Reuters.
“This relationship with Reuters has proven to be very successful over the past year. We continue to see consistent demand for comprehensive data within our product suite and the Reuters products have been received very well by both our clients and the industry,” adds Sameer Shalaby, CEO, Paladyne Systems.