Intercontinental Exchange (ICE) has announced its data service’s continuous evaluated pricing tool has been integrated into BlackRock’s flagship Aladdin system.
The integration means users of Aladdin, BlackRock’s widely used middle-office and risk management system, can gain access to risk analytics with trading and position monitoring tools on a single platform.
Users will gain a view of market conditions throughout all phases of the investment process, with transparency into a range of valuation, assessment and risk scenarios.
Shirlee Tevet, chief operating officer of BlackRock’s Aladdin business, explained the tool will offer its clients a “transparent view into the global fixed income market.”
She said it will also “enable informed decision making across pre-trade price discovery, trade execution, portfolio monitoring and analysis, and risk management.”
Lynn Martin, chief operating officer of ICE data services, added the integration means the exchange group is “bringing more data, transparency and visibility into traditionally opaque fixed income markets.
“Our proprietary approach to evaluations combined with our global coverage and award-winning technology, create powerful analytics tools that help our clients adjust to changing market dynamics,” she added.