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Bedford, MA Office

32 Crosby Drive
Bedford
MA
US

London, UK Office

Fitzroy House, 13-17 Epworth Street
London
GB

Australia, Melbourne Office

1155 Malvern Road
Malvern
Melbourne
AU

France, Paris Office

9 rue de Téhéran
Paris
FR

Ireland, Dublin Office

6 Georges Dock, 4th floor IFSC
Dublin
IE

Luxembourg, Lux Office

5th floor 28 boulevard Royal
Luxembourg
LU

Switzerland, Geneva Office

25, rue Kléberg
Geneva
CH

New York, NY Office

100 William Street, 17th Floor
New York
NY
US

White Plains, NY Office

100 Hillside Avenue
White Plains
NY
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Santa Monica, CA Office

2901 28th Street, Suite 300
Santa Monica
CA
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Hayward, CA Office

3955 Point Eden Way
Hayward
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Singapore Office

1 Raffles Place #21-02 One Raffles Place
Singapore
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Hong Kong, Central Office

2001-2005, 20/F The Center 99 Queen's Road Central
Hong Kong
HK

Channel Islands, Jersey Office

8 Hill Street St Helier
Jersey
GB

Germany, Frankfurt Office

Sandweg 94
Frankfurt am Main
DE

Spain, Madrid Office

Francisco Silvela 42 1a planta
Madrid
ES

Switzerland, Zurich Office

Loewenstrasse 2
Zurich
CH

Australia, Sydney Office

Suite 405/368 Sussex Street
Sydney
AU

Japan, Tokyo Office

Kyobashi No. 8 Nagaoka Bldg. 1F 2-20-9 Hatchobori Chuo-ku
Tokyo
JP

Location Office

International House 1 St. Katharine's Way
London
GB

Italy, Rome Office

Via Cristoforo Colombo, 149
Rome
IT

Chicago, IL Office

600 West Fulton, 7th Floor
Chicago
IL
US

New York, NY Office

100 Church Street, 11th Floor
New York
NY
US

UAE, Dubai Office

805, City Tower 2 Sh. Zayed Road
Dubai
AE

Lombard, IL Office

955 Parkview Boulevard
Lombard
IL
US

Australia, Melbourne Office

Level 36/2 Freshwater Place Southbank Boulevard Southbank
Melbourne
AU

Telephone

02072653703

Contact

tony cossey a cossey
[email protected]
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Interactive Data Expands OTC Derivatives Valuation Service

Service Now Includes Independent Coverage of Credit Default Swaps and Select CDS Indices

Interactive Data Corporation, a leading provider of independent pricing and evaluation services, today announced the expansion of its OTC Derivatives Valuation Service to include independent evaluations of Credit Default Swaps (CDS) and select CDS Indices.

The expanded service is designed to provide additional transparency into CDS and CDS Index evaluations, thereby helping clients to more effectively value their diverse portfolios and enhance their risk management and compliance practices. This CDS transparency will be supported by VantageSM, Interactive Data’s Web application that provides clients with extensive data and transparency into the fixed income market and the Company’s evaluations.

“We believe that institutions worldwide will need to accelerate their investments in OTC derivatives valuations and the related technology infrastructure to respond to regulatory change and support their ongoing risk, capital, collateral, liquidity and accounting activities,” stated Cubillas Ding, research director for the securities and investments practice at Celent, a leading research and advisory firm.

Celent’s November 2011 report, “Dodd-Frank and EMIR Derivatives Reforms,” highlights how derivatives pricing and valuation technologies “will form one of the backbones for the new architecture post-Dodd Frank and EMIR.” Interactive Data was cited in the report as one of the global market data providers that could leverage its scale to provide broad services that will allow financial firms to achieve benefits by rationalizing their sourcing of valuation providers.

“The strength of Interactive Data’s bond evaluation capabilities uniquely positions us as a leading CDS evaluated pricing service for a wide range of issues,” said Mark Heckert, senior director, Evaluated Services for Interactive Data. “Our CDS evaluation methodology incorporates Interactive Data’s widely-used, award-winning* bond evaluations, which is especially important for less liquid names where there is limited market colour.”

“The CDS trade and CDS valuation processes at financial institutions are subject to much more scrutiny than ever before,” added Liz Duggan, managing director, Global Evaluations for Interactive Data. “Our OTC Derivatives Valuation service was developed in response to persistent demand from our bond evaluation clients for independent CDS evaluations and increased transparency into how these evaluations are produced.”

Interactive Data’s CDS evaluation service covers a wide range of single name corporate, sovereign and U.S. municipal entities, and CDX™ and iTraxx™ index trades. Beginning at approximately 16:30 ET each trading day, the service provides CDS evaluations, curves and analytics in support of clients’ portfolio valuation, financial reporting, risk management, trading, and related functions.