Optimize trades while mitigating risk with reference data services
Reference Data supports the credit, derivative, bond, syndicated loan and legal entity data needs of the financial markets. Our broad range of financial reference data services are specifically designed to facilitate securities trading, settlement, risk management and back-office functions, including accounting and client reporting.
Confirming CDS trades with accurate data is essential for managing market risk and maintaining operational efficiency. Historically, firms have used many operational and legal resources to manually confirm CDS reference data while trying to avoid trade breaks with their counterparties.
ABCDS have a “pay as you go” structure where fixed and floating payments are calculated monthly. Due to the lack of available data and the complexity of payment calculations, market participants often have varying interpretations of settlement amounts. IHS Markit can help you resolve these competing interpretations and get efficient, accurate data collection and calculations when you are facing a tight window for settling monthly ABCDS payments.
Reference Data delivers deep terms and conditions data and new issue information for global government, sovereign, agency, corporate and municipal bonds throughout their entire lifecycle, from new issuance to maturity.
Loan reference data that is used to monitor portfolios, risk and market activity often is spread across multiple sources, including public filings, credit agreements and transactions. Market participants typically dedicate countless hours each month on manual processes to capture, aggregate and validate this data.