RiskMetrics signs reseller agreement with CreditTrade
15 May 2002 | 1900 views | 0
RiskMetrics has entered a reseller agreement to market CreditTrade's Benchmark data service to risk managers.
RiskMetrics will integrate CreditTrade Benchmark data into its own DataMetrics product, to enable risk managers to easily integrate credit default swap prices into their existing systems.
The new service gives risk managers closing bid and offer prices for the most liquid credits in the credit default swap market and is available on an on-going subscription basis. Historical data is also available for use in model calibration.
Alan Adkins, head of the RiskMetrics Group's DataMetrics division, comments: "Not only is CreditTrade a market leader in terms of price quality and broking services, but they also understand the importance of high quality and timely data dissemination. As such they make an excellent partner for RiskMetrics."