VantageSM is an innovative and intuitive web application that provides increased fixed income transparency for pre- and post-trade decision support and valuation oversight.
Visualize Key Transparency Data
Vantage allows clients to better understand Interactive Data’s evaluated prices within the context of a broad range of relevant market information, including public and proprietary market data inputs used in the evaluated pricing process. These inputs appear side-by-side with our evaluated prices in a single display, and feature Interactive Data’s assumptive data and proprietary market colour. This includes anonymous trades, quotes, dealer runs and market posts, along with publicly available FINRA TRACE® and MSRB data.
SUPPORT ACCOUNTING STANDARDS AND REGULATORY REQUIREMENTS
FASB ASC Topic 820 and IASB IFRS 13, plus heightened scrutiny from SEC and PCAOB staff on valuation practices, have magnified demands on firms to assess the assumptions and inputs that vendors use in producing evaluated prices. MiFID, FINRA Rule 5310 and MSRB Rule G-43 establish minimum standards for broker dealers when executing client orders. The Vantage Evaluation Toolkit Report and the Vantage Trade and Evaluation Compliance Report were designed to help support these accounting standards and regulatory rules.
Increase Productivity and Improve Valuation Best Practices with Vantage Price Validation Workflow
Automate Valuation Oversight
Use the Vantage Price Validation Workflow to efficiently manage price or trade validation with a supporting review process through auditable, controlled, and spreadsheet-free reporting.
Generate pre-formatted and custom reports on a daily or monthly basis to support your valuation oversight process.
Prioritize price-change tolerance breaks with color-coded heat maps and the ability to filter, sort and download data.
View consolidated reports on tolerance and challenge activity which can be produced by region, by instrument type, and by action taken (such as evaluated price accepted or overridden).
Price Validation Workflow Reports
Price Validation Workflow reports are available, providing summary statistics and drill down on validation activities.
Vantage supports transparency for over 2.8m securities, including global corporate, sovereign, structured and asset backed securities and U.S. municipal bonds.