Radianz today announced that Standard & Poor’s will make a range of S&P market data information products available in Europe via Radianz’s Internet Protocol (IP)-based global financial extranet, RadianzNet. The move will give financial institutions connected to RadianzNet easy access to information from S&P. The S&P information is already available via the major quote vendors and on the web.
The range of content to be distributed by S&P includes MMS, European MarketScope and ComStock. S&P MMS is a leading provider of real-time analysis and commentary of the global fixed income, foreign exchange and emerging markets. European MarketScope is a leading source of equity analysis and commentary, whilst ComStock provides commodities data, a variety of news services, historic information, and software applications. S&P’s analysis will be delivered on RadianzNet, via the ComStock high-speed digital datafeed, Xpressfeed.
Radianz’s existing foreign exchange customers, which distribute online applications for trading foreign currencies to institutions worldwide via RadianzNet, will be the first to be able to receive content from S&P. These Radianz customers will then integrate the S&P information into the applications provided to their end-users.
“We selected Radianz because it is well established in the global financial industry, providing the network for many institutions that S&P MMS also serves,” said Kevin Matthews, S&P MMS director for European Market Development. “This existing secure and reliable connectivity means S&P MMS will be able to deliver customized services more quickly for our current and prospective clients’ intranet and internet sites.”
Radianz’s Executive Vice President and Head of Global Sales, Chris Church said, “S&P will immediately benefit from our relationship because it will quickly be able to target the large base of financial institutions connected to RadianzNet. S&P is one of a number of financial information providers that distribute content on RadianzNet, which demonstrates that Radianz is a neutral and trusted platform for all financial organizations.”