Ipreo, leading global provider of market intelligence and productivity solutions to investment banks and corporations, announced its acquisition of Markit's certificates collection service, giving capital markets clients seamless access to thousands of compliance-related certificates directly through its new issuance and CRM applications.
"Taking into account the strength of our institutional data and our commitment to supporting all aspects of the new issue workflow, integrating the certificate database is a logical extension of what we do."
As a result of this acquisition, Ipreo is launching a new offering called iCompliance. Ipreo's iCompliance consists of a comprehensive online library of US compliance-related certificates, including QIB, FINRA 5130, and Regulation S Certificates. The library covers both equity- and debt-related certificates for both primary issuance and secondary trading.
The iCompliance library will be seamlessly integrated into Ipreo's sell-side solutions, including the Equity and Fixed-Income Bookbuild applications, as well as BD Advanced and BD Vision (prospecting and CRM applications that house Ipreo's industry-leading Bigdough institutional database). iCompliance is also available as a standalone product that provides access to the certificate library through an intuitive and secure interface. Clients may also choose to take the certificate data directly through a data feed.
"Clients are increasingly concerned with compliance requirements," said Bill Sherman, EVP and MD of Global Data Strategy & Analytics at Ipreo. "Taking into account the strength of our institutional data and our commitment to supporting all aspects of the new issue workflow, integrating the certificate database is a logical extension of what we do."