CMA offers hosted version of QuoteVision
CMA, the credit information specialist, today announced that CMA QuoteVision, its market leading price discovery service, is now available as an ASP (Application Service Provider) hosted solution in addition to QuoteVisions well established installed version.
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Some institutions find the ASP model more applicable to their business requirements, particularly as the initial implementation and follow-on upgrades are streamlined, reducing the cost of ownership and burden on internal IT. CMAs ASP solution is superior to web-based systems, as clients still benefit from the richness and real-time nature of QuoteVisions desktop .NET application. The same QuoteVision desktop works with both the ASP and installed versions, so switching is easy.
Security and availability are paramount considerations for customers when reviewing an ASP solution - each QuoteVision hosted implementation completely segregates all components of the systems guaranteeing total protection of client data. The underlying common infrastructure is protected by a series of advanced security measures including firewalls, IP restrictions and encryption, with redundant application and database clusters.
CMA QuoteVision enables OTC credit market professionals to view, organise, store and use in real-time the vast amounts of securities and derivatives prices they receive from their trading partners via email and messaging systems, regardless of format. Pricing information is extracted and stored in a client side database. QuoteVision considerably speeds up and simplifies price discovery, improving trading performance and providing valuable information not only for the front-office team, but also risk, finance and research groups. It is rapidly becoming a key building block in clients market data infrastructures.
Laurent Paulhac, CEO of CMA, commented CMA is continually seeking ways to simplify implementation and reduce cost of ownership for credit market professionals. Our ASP solution can help them to get the proven benefits of QuoteVision more quickly and easily, particularly where their IT departments are tied up on core systems. More than 10 of CMAs QuoteVision customers have chosen to use the hosted ASP solution since its pre-release two months ago.