Source: Tullett Prebon Information
Tullett Prebon Information, the leading global provider of financial market data, and Shanghai Wind Information Co. ("Wind Info"), China's recognised premier integrated service provider of financial data and software, announce a multi-year agreement for the supply of interest rate, fixed income and money and fx data to the Chinese market.
Tullett Prebon Information will supply a range of global fx data in addition to US Dollar and Chinese Renminbi denominated cross asset class data to Wind Info. This high-quality, independent OTC information will be made available to Wind Info's domestic Chinese client base via its WIND Financial Terminal WFT.
Wind's customers are mainly financial institutions such as fund management firms, investment banks, QFII institutions, insurance companies and securities firms etc. With 1200 institutional clients and more than 25,000 terminals, Wind is the recognised market leader in China's financial information industry.
Tullett Prebon Information works with financial institutions and service providers including the major global and domestic data vendors for the provision of independent OTC fixed income and derivative pricing. This distribution agreement with Wind Info highlights Tullett Prebon Information's on-going commitment to the Asia-Pacific financial markets and is the latest in a series of similar agreements concluded in India, Korea, Japan and Indonesia. Tullett Prebon Information is the data subsidiary of Tullett Prebon plc, the first foreign-owned inter-dealer broker to secure a license to trade in China in October 2005.
Frank Desmond, Head of Europe and Asia at Tullett Prebon Information, said: "We are very pleased to be working with Wind Info and assisting them in providing high quality, independent financial information to a sophisticated institutional customer base. The Chinese market continues to be a major focus for Tullett Prebon's information business and is a market in which we will continue to invest."
Mr. Roy Wang, CEO of Wind Information (Hong Kong) Co., Ltd, said: "We are delighted that Wind and Tullett Prebon Information have set up this business collaboration to target the growing Chinese financial information service industry. We are confident that Tullett Prebon Information will benefit from its cooperation with Wind and our proactivee approach. Wind is becoming an important partner to global leading market players, enabling them to service their clients in China efficiently. For Wind, the collaboration with Tullett Prebon Information is an important step as it progresses its service strategy on a variety of premium products."