Tullett Prebon Information has launched its Mark2Marker, a single source of valuation data that offers global pricing for over the counter asset classes.
The new application, which deals with a full spectrum of OTC’s: rate swaps, credit derivatives, capital markets, energy derivatives, fixed income and foreign exchange, was designed around the regulatory challenges placed by MiFID, Basel II, UCITS III and IAS39.
“Mark2Marker is an exciting offering both in terms of the breadth of asset classes it covers and in its geographical reach,” says Frank Desmond of Tullett Prebon Information. “The service can be tailored to a client’s exact needs and we believe its independent, high-quality pricing can assist organisations in meeting the challenges of today’s emerging regulatory environment notably the markets in financial instruments directive.”