10:24 AM
CMA and Pricing Partners Team Up for Credit Market Pricing, Analytics
CMA, a credit information provider, and Pricing Partners, a provider of valuation analytics, have formed a strategic partnership to provide a combination of credit market pricing data and analytics to OTC credit market participants.
The offering will integrate CDS price data from CMA’s DataVision CDS pricing service with Pricing Partners’ Price-it Excel, a multi-asset class pricing platform.
In a statement, Eric Benhamou, Chief Executive of Pricing Partners, said, “We are delighted to partner with CMA. The accuracy of pricing models is dependent on the quality of the underlying data and DataVision is widely known and respected for its precision and timeliness. We see it as premium fuel for the high-performance machine our clients use to quickly and confidently value their credit derivative positions in Price-it Excel.”
Added Laurent Paulhac, CEO of CMA, “CMA is committed to providing greater transparency and operational efficiency in the OTC credit markets. It is important for us that our clients can consume the data they need via the platform of their choice. Combining data from CMAs buy-side consortium with Pricing Partners' technology enables market participants to apply the most reliable CDS data to a wide variety of trading, analytic and risk management functions.”