Tullett Prebon Information (TPI) has signed an agreement with Murex to provide real-time data for internal model valuation.
Murex’s clients will gain access to TPI’s end-of-day and historic datasets for foreign exchange, rates, equities and commodities.
To integrate the datasets, Murex has built a feed-handler for TPI’s FTP files to transfer the data to its clients globally.
Head of product connectivity and technology partners at Murex, Antoine Mourad, explained its clients rely on high-quality, accurate data across asset classes for trading and risk management activities.
“TPI is an established provider of OTC data. We knew it had the coverage and flexibility our clients needed. As we already share many mutual customers, it was a natural step for us to formalise a long-term collaboration,” he said.
Frank Desmond, CEO at TPI, added the partnership is an important, strategic move for the company.
He said: “It is a welcomed endorsement of the quality of our data and our ability to provide Murex, and its clients, with a consistent view.”
Earlier this month, TPI signed an agreement with Valens Research to distribute equity and credit analytics data.
The research will provide investors, creditors, risk officers and analysts with corporate performance, credit ratings, equity valuations and coverage ratios data across various industries.