Zeliade Systems, a software and services company active in the financial derivatives markets, has integrated Markit Group Limited’s Credit Default Swap (CDS) pricing into their flagship product Zeliade Credit Analytics. Markit is a provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial and commodities markets.
Zeliade Systems is a certified member of the Markit Alliance Program. Markit CDS pricing is available to the firms mutual clients through a market data management module that provides access to selected data extracts from third party data providers such as Markit.
“Our clients, who are trading and risk management professionals at financial institutions, demand the highest standards for critical aspects of their businesses,” says Claude Martini, the Founder and CEO of Zeliade Systems. “We can now provide seamless integration of Markit’s high quality data with Zeliade’s smart applications which creates significant value for clients as it saves time and reduces risk.”
“Zeliade Systems’ integration of Markit’s benchmark pricing will enhance mutual customers’ risk management and data capabilities by providing them with accurate, independent credit pricing coupled with sophisticated analytics,” adds Nicola von Schroeter, the Managing Director of Partner Sales at Markit.