Tikehau Investment Management selects CMA for price discovery and mark-to-market

Source: CMA

CMA, the credit information specialist, today announced that Tikehau Investment Management (TIM), a Paris-based asset manager with over €200m in assets under management, has selected CMA to help its credit derivatives desk to effectively manage their live tradable prices (QuoteVision) and accurately mark-to-market (DataVision).

"We were looking for a combined solution for price discovery and mark-to-market and after careful consideration of the available choices it became clear that CMA offered a robust and flexible option which easily integrated with our existing technologies. CMA's price capturing and data will be used by both fund managers in their day-today trading, and also by our quantitative analysis team for the purposes of historical analysis and ongoing portfolio modelling." said Bruno de Pampelonne, Chief Executive Officer of TIM.

QuoteVision, the market leading real time OTC credit market price discovery service, scans free form messages, extracts pricing information, and stores it in a client side database. QuoteVision covers a broad range of asset classes; quotes are matched to industry standard ISIN codes, so traders can be sure that prices are correctly identified. QuoteVision's proprietary artificial intelligence based parsing service combined with CMA's data editorial team ensures that QuoteVision continuously recognises new securities, tickers, entities and name changes resulting from corporate actions.

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 30 buy-side firms including leading Hedge Funds, Asset Managers and the buy-side desks of global Investment Banks.

Laurent Paulhac, CMA's CEO, commented "We are delighted that TIM has selected CMA QuoteVision and DataVision for their credit pricing and valuation needs. CMA is always excited to create long term partnerships with fund management groups at an early stage of their development and we look forward to supporting TIM's ongoing success. Sophisticated firms like TIM are increasingly focused on providing best practice for valuations and having a trusted, independent partner that understands the needs of the buy side is a critical part of this process."

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