Refinitiv announced today that it has signed a multi-year strategic agreement with TP ICAP to support its data needs for both its brokers and technology platforms.
As the world’s largest inter-dealer broker, TP ICAP needs comprehensive, enriched and integrated global data across multiple asset classes, including equities, fixed income, energy & commodities, FX and derivatives. Refinitiv is working with TP ICAP to meet its data needs that power its applications via the Refinitiv Data Platform, and on the desktop via Eikon. As the relationship begins, Refinitiv will work alongside TP ICAP to analyze changing business priorities and focus on datasets from its extensive ecosystem to help TP ICAP uncover opportunities and achieve its goals most effectively.
As part of the agreement, TP ICAP has comprehensive access to Refinitiv’s extensive datasets for existing and future applications. Beyond the provision of data, Refinitiv will also look to support TP ICAP’s growth ambitions and fuel its innovation efforts whilst also reducing time to market as it builds new data-centric applications and services for its clients.
“We are very pleased to enter into this agreement and excited about working together with Refinitiv as a key strategic partner for the provision of our market data,” comments Andy Murphy, Global Head of Market Data at TP ICAP.
“We’re delighted to support TP ICAP with the data and technology it needs to enhance investment and support global growth through its activities,” comments James Cliffe, Regional Managing Director for EMEA at Refinitiv. “We will continue to work with TP ICAP as its business priorities evolve and we will support the company with a focused and strategic approach to our data. This collaborative approach looks to ensure that TP ICAP and Refinitiv can succeed together.”