CMS BondEdge, an Interactive Data (NYSE: IDC) business, and a leading provider of fixed income portfolio analytics with over twenty-five years expertise, today announced the release of an analytical datafeed service.
Firms may now directly access state-of-the art fixed income risk measures from CMS BondEdge, long since known for its flagship software product, BondEdge®. Flexible output and delivery options will help firms streamline their data warehousing process. Sophisticated risk measures offered include option-adjusted duration and convexity, key rate durations, average life and option-adjusted spread (OAS), among many others, for a comprehensive universe of bonds.
Lou Gehring, senior vice president and product manager, comments, "Providing CMS BondEdge risk measures in a datafeed form is an ideal complement to our traditional delivery of analytics via the BondEdge software to the front office. The datafeed delivery option allows us to offer the same high-quality fixed income analytical risk measures to the middle and back office functions interested in, for example, populating a data warehouse, proprietary reporting packages or risk management systems. We have witnessed a significant trend among our more than 500 institutional investment clients who are looking to centralize information via a data warehouse, and have developed capabilities for the broader market in response to this demand. Use of a central data warehouse helps ensure consistency across various investment-related applications and is therefore viewed by many of these firms as advantageous for risk management purposes. The datafeed delivery option is designed to provide the flexibility necessary to accomplish that goal. We've signed on a number of clients with extensive analytical data needs, such as master trusts. We are also working with vendors in adjacent markets, where our analytics are supplementing data those vendors are already supplying to their clients."
The CMS BondEdge fixed income analytical datafeed service is an "on demand" service delivered via the Internet. Risk measures offered are available based on any frequency, up to daily.