Market data vendor Moneyline Telerate is rebranding as 'Telerate', and signalling a shift in strategy with the provision of benchmark capital markets data via third party distribution channels.
Under its new distribution strategy, Telerate will concentrate on supplying fixed income, FX and OTC derivatives and money markets data to other distributors in the market.
The vendor will continue to sell data directly to users of its Active8 and WebStation front ends and TRS platform, but will also license the technology to distribution partners.
As part of the new strategy, Telerate says it will continue to develop the breadth of its content by partnering with other vendors. In addition to recent deals with IDC, Kalahari and Kalotay, Telerate will offer a range of applications over its Momentum transactions engine, the first of which is Deutsche Bank's Autobahn.
Christopher Feeney, CEO of Telerate, comments: "Our new distribution structure will provide our clients with easier access to the wider cross-section of premium benchmark information they need."