Interactive Data’s continuous evaluated fixed-income pricing and liquidity Indicators service are now available to FactSet clients, the firms said Tuesday.
Interactive Data provides its customers with fixed-income evaluated pricing while FactSet offers integrated financial information and analytical applications across different asset classes.
“We are pleased to be able to offer Interactive Data’s CEP and liquidity measures to our clients,” Goran Skoko, FactSet Senior Vice President, said in a press release. “Our integrated offering now enables institutional users to make more informed trading decisions, evaluate their multi-asset class portfolios in real time, and provide enhanced service to their clients.”
Interactive Data, a subsidiary of Intercontinental Exchange, supplies bond-trading platforms with independent reference prices, insights into bond value, and pre- and post-trade transparency.
“We are delighted to be working with FactSet to improve transparency into bond pricing and liquidity risk management for their clients,” Bill Gartland, Interactive Data’s Senior Director, said in the release.
Interactive Data’s Liquidity Indicators service is designed to meet firms’ liquidity risk management needs. It includes estimates of the projected trade volume capacity of a fixed-income security, which can be used with information on a firm’s position to estimate the number of days to exit a position in various scenarios.
