S&P Capital IQ Teams with Clearwater Analytics22-Jan-2013
S&P to Provide Fixed Income Pricing and Reference Data to Financial Professionals Through Clearwater’s Secure, Web-Based Investment Accounting Solution
NEW YORK, NY – January 22, 2013 — Recognizing the expanding information needs of corporations, insurance companies, and asset management firms for timely data to manage their portfolios, S&P Capital IQ, a leading provider of multi-asset class data, research and analytics, today announced an agreement with Clearwater Analytics to provide a broad range of fixed income evaluated pricing and terms and conditions data to industry professionals through Clearwater’s global investment accounting and reporting platform. The expanded service will be available beginning February 20, 2013.
“Expanding the availability and delivery speed of pricing and descriptive data from S&P Capital IQ through trusted platforms like Clearwater’s is yet another way we are working to improve services to financial professionals who manage investments,” said Rui Carvalho, Managing Director, S&P Capital IQ. “We are providing access to pricing and descriptive data on over 3 million fixed income securities. S&P Capital IQ Valuations provides investors with a cross-market approach to assessing risk and value in portfolios, offering independent valuations across asset classes for global fixed income securities and hard-to-price instruments using both market and model approaches”.
“We believe S&P Capital IQ is an accurate and reliable source for fixed-income security pricing,” said Dwayne Kreipl, Clearwater’s Director of Data Management. “We’re proud to partner with S&P Capital IQ and incorporate this data into Clearwater’s integrated investment accounting system. It will provide our clients with another source of powerful, accurate and timely pricing—consistent with Clearwater’s overall mission.”
About S&P Capital IQ:
S&P Capital IQ, a business line of The McGraw-Hill Companies (NYSE:MHP), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world. Evaluated pricing is prepared by Standard & Poor’s Securities Evaluations, Inc., a part of S&P Capital IQ and a registered investment adviser with the U.S. Securities and Exchange Commission. S&P Capital IQ provides a broad suite of capabilities designed to help track performance, generate alpha, and identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Capital IQ Valuations, and Compustat; and research offerings, including Leveraged Commentary & Data, Global Markets Intelligence, and company and funds research, S&P Capital IQ sharpens financial intelligence into the wisdom today’s investors need. For more information visit: www.spcapitaliq.com.
About Clearwater Analytics:
Clearwater Analytics® (www.clearwateranalytics.com) provides web-based, investment accounting and portfolio reporting and analytics for corporate treasuries, insurance companies, asset managers, and custody banks. Clearwater’s daily-aggregated and reconciled solutions deliver the highest level of portfolio transparency available on the market today for clients such as Cisco, Oracle, Starbucks and Yahoo!. Launched in 2004, with offices in New York City and Boise, Idaho, Clearwater Analytics reports on more than $800 billion in assets for institutional clients worldwide.