Standard & Poor announced the signing of a reciprocal distribution agreement with Proveedor Integral de Precios (PiP) to add Mexican pricing processes to its services.
Standard & Poor’s will add PiP pricing to its MasterFeed securities reference data and pricing feed in exchange for allowing PiP to offer S&P services to PiP customers.
“Our customers are exposed to an increasingly broad range of instruments in both geographic scope and complexity,” says J.R. Rieger, vice president of global pricing services, Standard & Poor’s. “As a result of this agreement, both Standard & Poor’s and PiP can meet growing client demand for independent global pricing services from established providers in our respective markets.”