Fitch CDS Pricing Added to SuperDerivatives Solutions

SuperDerivatives has selected Fitch Solutions’ CDS Pricing Service to strengthen its existing credit derivatives valuation solutions.

Fitch’s CDS Pricing Service covers up to 3,000 single name CDS contracts using independent pricing data from the member banks of Fitch’s global pricing services consortium.

It also includes Fitch CDS Benchmarking for highly illiquid names, which provides indicates spread values where there is not enough market information to determine a consensus price based on market maker contributions.

In a statement, Sasha Rozenberg, Head of Credit Derivatives at SuperDerivatives, said, “As credit markets have evolved, CDS have become an integral part of the investment and risk management process. In recognition of our clients' focus on this asset class, we are delighted to be working with Fitch Solutions to deliver insights into the CDS market.”

Added Ian Rothery, Global Head of Third-Party Distribution and Partnerships at Fitch, “SD has an impressive track record in the global derivatives market and today's announcement will again expand market access to Fitch Solutions' pricing data, and is also further recognition of our position as a leading market data vendor.”