CMA signs Solent Capital to DataVision
29 May 2007 | 1373 views | 0
CMA, the credit information specialist, today announced that Solent Capital, a leading asset manager active in hedge funds and CDOs, has selected CMA DataVision for its month-end valuations.
Geoff Smailes, Partner and joint founder of Solent, said "Since we started Solent four years ago QuoteVision has helped us to manage our live tradable prices efficiently and effectively. CMA's services are innovative and reliable; it was an easy choice to select DataVision for our month-end valuations, especially as it integrates so well with QuoteVision, which is a key part of our market data backbone".
Solent was an early adopter of CMA's market-leading QuoteVision real-time price discovery service; the asset manager leverages CMA QuoteVision as a key part of its market data infrastructure. When the requirement of selecting an independent price verification service for month-end valuations arose, Solent turned to CMA for an integrated solution.
CMA DataVision is a high quality same day consensus-based price verification data service for CDS, Indices and Tranches, used primarily for mark-to-market, flash P&L, research and analytics. It is sourced from the front offices of 30 leading buy-side firms.
Laurent Paulhac, CMA's CEO, commented "Solent Capital was one of CMA's first clients; we are now both successful companies. CMA QuoteVision has helped Solent to grow to the market-leading hedge fund manager that it is today. CMA DataVision is increasingly viewed as the premium price verification service for CDS, we are delighted that Solent has selected CMA DataVision for its needs."