Markit CDS pricing is available to the firmsâ mutual clients through a dedicated market data management module that provides one-click access to selected data extracts from third party data providers such as Markit.
This new functionality significantly enhances mutual clientsâ credit derivative trading and risk management systems. Users of Zeliade Credit Analytics are now able to access over 12,500 daily CDS curves on over 2,600 individual entities, as well as comprehensive credit index reference data. The combination of Markitâs high quality pricing with Zeliade Credit Analyticsâ superior calibration engine provides reliable and consistent model parameters for pricing and risk computation.
Claude Martini, Founder and CEO of Zeliade Systems, said: âOur clients, who are trading and risk management professionals at financial institutions, demand the highest standards for critical aspects of their businesses. We can now provide seamless integration of Markitâs high quality data with Zeliadeâs smart applications which creates significant value for clients as it saves time and reduces risk.â
Nicola von Schroeter, Managing Director of Partner Sales at Markit, commented: âZeliade Systemsâ integration of Markitâs benchmark pricing will enhance mutual customers' risk management and data capabilities by providing them with accurate, independent credit pricing coupled with sophisticated analytics.â