CMA DataVision now available through Sophis

London - 16 January 2007

CMA, a leading provider of real-time price discovery services and data for the credit market, today announced that Sophis has developed an interface to enable users of its VALUE buy-side platform to have direct access to CMA DataVision, CMA’s high quality same day closing Credit Default Swap (CDS) prices.

CMA DataVision enables precise benchmarking and accurate mark-to-market. It provides data for more than 2,000 single name CDS, indices and tranches uniquely delivered by 5pm London and 5pm New York time. Daily updated CDS spreads based on real-time indicative quotes are combined with bond prices, terms and conditions and ratings data from the best vantage point: buy-side front office. CMA’s Data Consortium of 30 buy-side firms, including leading global Investment Banks, Hedge Funds and Asset Managers, continuously provides average spreads based on observed quotes, which are more representative of the day’s trading.

“We are delighted to work with Sophis, whose innovative approach to providing solutions for credit market professionals matches CMA’s. The Sophis interface is another step in CMA’s plans to increase the efficiency of investment professionals by expanding the ways in which our clients can access and integrate CMA’s services” said Laurent Paulhac, CMA’s CEO.

Daniel Abitbol, Business Development Manager, VALUE, for Sophis, commented “Sophis developed its data service module to enable its customers to have direct access to top quality, accurate data. We are very pleased to work with CMA as CMA DataVision clearly fits this requirement, and our mutual customers will greatly benefit from this integration”.

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