Sky Road adds S&P credit rating data

Source: Standard & Poor's

Standard & Poor's, a leading provider of financial market intelligence announced that its industry-leading credit ratings will be made available to the hedge fund community through Sky Road's integrated technology platform.

With credit markets rapidly evolving, Sky Road remains at the forefront of trading innovation by enabling its clients to quickly implement sophisticated trading strategies. Portfolio managers, compliance officers and risk officers will benefit from having S&P Credit Ratings incorporated into Sky Road's robust ASP platform. The core technology infrastructure for this platform is provided by the Calypso software solution, the key enabler for the platform's innovations.

"As multi-asset trading strategies become increasingly complex, hedge funds and other market participants need real-time credit data to effectively manage their portfolios across asset classes," said Caroline Cassar, Global Director of Product Management for Standard & Poor's. "The inclusion of S&P credit ratings through Sky Road's technology platform will better serve clients in need of critical credit market information."

Sky Road's newly enhanced ASP platform provides essential capabilities critical for hedge funds and also CDPCs, including front-to-back office functionality, portfolio and risk management, custom analytics, market data integration, automated prime broker and fund administrator connectivity and workflows, and disaster recovery.

"By adding S&P's premier credit ratings data to Sky Road, we are able to provide hedge fund managers with access to greater transparency and decision- making tools," said John Borse, President and CEO of Sky Road. "Through this solutions partnership, customers can gain a clearer perspective into efficiently managing their cross-asset trading strategies."

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