S&P signs market data distribution contract with Radianz
26 March 2002 | 2646 views | 0
Standard & Poor's has signed an agreement with Radianz to distribute its range of market data information products to financial institutions across Europe via the IP-based global financial extranet, RadianzNet.
The range of content to be distributed by S&P includes MMS which provides real-time analysis and commentary of the global fixed income, foreign exchange and emerging markets; European MarketScope offering equity analysis and commentary; and ComStock providing commodities data, a variety of news services, historic information, and software applications.
S&P's analysis will be delivered on RadianzNet, via the ComStock high-speed digital datafeed, Xpressfeed. Radianz - a joint venture between Equant and Reuters - says the deal with Reuters' competitor S&P confirms the neutrality of its IP-based network.
Radianz's existing foreign exchange customers, which distribute online currency trading applications to institutions worldwide via RadianzNet, will be the first to receive content from S&P. They will then integrate the datafeed into the applications provided to their end-users.
Kevin Matthews, S&P MMS director for European market development, says: "This existing secure and reliable connectivity means S&P MMS will be able to deliver customised services more quickly for our current and prospective clients' intranet and Internet sites."