London â 7th July 2005 â Tullett Financial, a leading provider of real-time money markets, interest rate derivatives and fixed income price information from the inter-dealer market, today announced that, effective June 24th 2005, the company has changed its name to Tullett Prebon Information. The new company name reflects the recent acquisition of leading inter-dealer broker Prebon by parent company Collins Stewart Tullett plc. and acknowledges the increased breadth and depth of data across multiple asset classes now available to financial institutions and corporations worldwide.
Tullett Prebon Information will extend Tullett Financialâs data strengths in foreign exchange and money markets, interest rate swaps, and structured products by providing customers with a broader perspective of these markets as well as richer access to new segments, such as independent energy price information. It will also continue to provide them with a wide variety of ways to access the data. Customers can view the valuable integrated price information via the web, via traditional third party terminals from vendors such as Reuters, Bloomberg and Thomson as well as through direct feeds.
In addition to establishing a new company name, the leading market data firm has appointed a new CEO, G. Andrea Danese, to oversee Tullett Prebon Informationâs entire global data operation. Based in New York, Danese will lead the effort to consolidate and grow the companyâs market data business across the globe.
Prior to joining Tullett Financial, Danese was President and Chief Operating Officer of credit derivatives electronic trading firm, Creditex, Inc.
Geoff Chapman, CIO of the inter-dealer brokerage arm of Collins Stewart Tullett said, âWith the development of new industry regulations, there is greater demand for transparency within the financial services industry. Organisations like Tullett Prebon Information that can confidently provide secure independent market data and help customers ensure access to market information will be in even greater demand.â
New CEO Danese added, âTullett Financial has been renowned for the security and integrity of its data. Tullett Prebon Information will build on this great foundation by providing an increased flow of unique market-based pricing information for our customers. We are really looking forward to driving the company forward into new market areas and providing the utmost satisfaction for our data users.â
Tullett Prebon Information data products; SwapMarker, MoneyMarker, MortgageMarker and TreasuryMarker provide users with independent and accurate price information derived from IDB brokerage business of Tullett Liberty and Prebon.