CMA, the leading provider of real-time OTC credit pricing aggregation services, today announced the addition of its new corporate and convertible bond pricing service to QuoteVision. Eight customers are currently beta testing the new service, which is scheduled to be generally released in Q4.
QuoteVision will considerably speed up and simplify price discovery for bond traders and portfolio managers, increasing their efficiency and performance. Front-office traders need to make decisions quickly based on the most comprehensive data; until now this has been challenging as most quality pricing information is received via a continuous stream of email and messaging systems. QuoteVision reliably scans free form messages, extracts pricing information, and stores it in a client side database. Investment professionals access the real-time pricing information via an easy to use price discovery application, and also through an Excel Add-in. The QuoteVision Artificial Intelligence based parsing service is updated continuously to recognize new securities, tickers, entities and name changes resulting from corporate actions.
QuoteVision covers a comprehensive range of bonds, including high grade, high yield, emerging markets and convertible bonds, alongside single name CDS products, credit indices and index tranches. The bond quotes are matched to industry standard ISIN codes, so traders can be sure that prices are correctly identified. As a result, QuoteVision is rapidly becoming a key building block in clientsâ market data infrastructures, allowing the information to be used not only by the front-office team, but also the risk, finance and research groups.