Radianz says Tullett Financial, a leading provider of real-time price information, is to distribute data via Radianz. Tullett Financial’s products provide real-time price information from the inter-dealer brokered, over-the-counter financial markets to market professionals.
Through this agreement, Tullett Financial has made its SwapMarker, TreasuryMarker, MortgageMarker and MoneyMarker products available via Radianz’s shared infrastructure platform to a network of more than 10,000 financial services sites worldwide. SwapMarker is a widely used real-time pricing source for the global interest rate derivatives market. TreasuryMarker provides real-time bid/offer prices and yields on the full run of government debt and asset swaps from the G7 countries and Scandinavia. MortgageMarker provides real-time prices and yields for the To Be Announced (TBA) mortgage-backed pass through market. MoneyMarker provides data on the global foreign exchange and money markets.
Tullett Financial acquires its information from trading systems, pricing models and other workflow systems around the globe used by the brokers within its parent company, Tullett Liberty, a major wholesale inter-dealer broker. That information is extracted and normalized using Tullett Financial’s proprietary data distribution technology and delivered to customers and redistributors via the company’s Single Unified Record Feed (SURF) data feed.
“Our data acquisition strategy has allowed us to rapidly expand our data inventory over the past two years,” says David Mukerji, Managing Director for Tullett Financial. “The information we deliver is the most accurate and timely available and a truly independent pricing source devoid of position influence by virtue of Tullett Liberty’s role as a major intermediary between major dealers. Radianz’s connectivity platform now gives us access to a much larger pool of customers wishing to access our SURF data feed via a managed network solution.”
Chris Church, EVP strategic client development at Radianz says Tullett Financial’s price data answers the need for greater price transparency. “They are joining 130 other providers distributing products and services on the Radianz network, giving our members access to a wide array of data through a single, secure connection,” he says.