.jpg)
Interactive Data, a leading provider of independent evaluated pricing and reference data services, today announced that it received the 'Best Pricing and Market Data Display' award for its price transparency and workflow tool, Vantage, at the Systems in The City Awards, which took place on 3 July 2014 in London.
Interactive Data's Vantage is an intuitive web application that increases transparency and enhances operational efficiency for pricing, trade execution, collateral management, and compliance functions. Vantage unifies in-depth market information and sophisticated workflow tools for global corporate, sovereign and securitised securities and US municipal bonds.
Vantage helps support accounting standards and regulatory requirements through its transparency functionality and the Vantage Evaluation Toolkit. This helps support clients' IFRS 13 and Topic 820 requirements through the provision of Interactive Data's award winning evaluations- and revelant market inputs and reference data.
"I am delighted that Vantage has received this accolade," said Mark Hepsworth, President Interactive Data Europe. "The need for independent and transparent evaluated pricing data is fundamental to helping clients calculate accurate valuations and meet accounting and regulatory requirements. The Vantage customer profile now encompasses sales and trading, collateral management and best execution analysis functions in addition to existing pricing and risk use cases. Interactive Data is continually enhancing Vantage to help clients improve productivity and optimize their valuation and risk processes and we appreciate this recognition."
