Julius Baer to roll out ValueLink pricing service in London

Source: ValueLink Information Services

ValueLink Information Services, the supplier of validated financial data solutions, has announced a major new client win.

Following a comprehensive period of analysis, Julius Baer Investments Limited London (JBIL) selected ValueLink's daily price collection service for its closing valuations. The service incorporates data from an existing JBIL vendor with whom it retains a separate contract.

ValueLink provides JBIL with a closing bond pricing file which is created by matching multiple bond feeds and applying state of the art validation techniques. In addition to rigorous static quote and price movement checks, all unvalidated price anomalies are investigated and reported to the client, keeping them on top of any inconsistencies within their bond universe.

In addition to ValueLink's multiple vendor feeds, the service also includes two FX feeds and two further specialised feeds from an existing JBIL vendor. ValueLink's open architecture allowed full automation of the new feeds which are delivered alongside the validated closing files. For JBIL this consolidates the data collection process, saving time and resources on file transfer. This client-focused service demonstrates ValueLink's flexibility in accommodating individual needs and simplifying the entire data collection and validation process.

Michael Allen, Senior Manager, Operations at Julius Baer, commented, "We chose ValueLink because of their stringent validation procedures. Their flexible service enabled us to specify our bespoke requirements to collect and collate data other than just prices. This streamlines our operational procedures in house by removing the time consuming collection of data which Valuelink can do on our behalf."

Stephen Choate, CEO at ValueLink replied: "We are delighted to welcome Julius Baer as a new client. We have worked with them for some months in order to deliver a solution which met their specific requirements. We are particularly pleased to have developed with them a tailored data collection structure incorporating data from a specialist vendor whose services Julius Baer specifically wished to retain. This is another example of ValueLink's flexibility and our tailored solutions."

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