18 July 2018
Register today

Avox adds Fitch credit opinions to counterparty data

08 May 2007  |  1679 views  |  0 Source: Avox

Avox, the leading counterparty data verification network, and Fitch Ratings, a leading global rating agency, have signed a co-operation agreement over the linkage to Fitch company identifiers and credit opinions in Avox’s corporate data offering.

Avox supplements its clients' data records with information from Fitch Ratings as part of its industry leading counterparty data validation, cleansing and maintenance service.

"We are pleased to be able to further expand our data portfolio by including data from Fitch Ratings, which provides the world's credit markets with timely, forward-looking and independent credit opinions. The direct mapping of the information creates an efficient process that is designed to maximize data reliability and meet our clients' individual requirements", said Ken Price, CEO of Avox.

"Avox's collaborative business model, which helps drive standards in the business, made a partnership for Fitch very attractive. Our subscribers appreciate the significant improvements in the maintenance of data linkages and will benefit further from the ongoing Avox updates", said Jeroen Harkema, Senior Director - Product Sales & Business Development at Fitch Ratings.

Each rated entity in the Avox database, including its universal business entity identifier, can be mapped to the correct company data record and rating within Fitch's database. The link for the mapping as well as other corporate data will be validated and maintained by Avox. Credit rating information is essential for investors to asses the credit quality of various alternative investment options. A number of Avox clients are already using the Fitch rating services and will benefit from the integration in the Avox data pool. Fitch customers can benefit from Avox services by easily matching the rating information with other company data maintained in the Avox CORE database.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit info.nice.comVisit https://secure.vasco.comVisit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
Metro Bank opens developer portalMetro Bank opens developer portal
9509 views comments | 5 tweets | 14 linkedin
Anything Visa can do...Mastercard takes time outAnything Visa can do...Mastercard takes ti...
8902 views comments | 6 tweets | 14 linkedin
Citi to streamline corporate receivables with HighRadiusCiti to streamline corporate receivables w...
7842 views comments | 1 tweets | 5 linkedin
Mastercard enlists Worldpay to push Vocalink's Pay by Bank appMastercard enlists Worldpay to push Vocali...
7772 views 19 comments | 14 tweets | 29 linkedin
Banks stand to reap $512 billion revenue boost from 'intelligent automation'Banks stand to reap $512 billion revenue b...
7651 views comments | 21 tweets | 30 linkedin

Featured job

Find your next job