SuperDerivatives named Best Data Provider for Derivatives in Inside Market Data Awards
London, 1 June 2011: SuperDerivatives (SD), the derivatives benchmark and multi-asset front office solution, has been recognised as the best derivatives data provider in this year’s Inside Market Data Awards for its independent market data service.
The annual Inside Market Data Awards recognise industry excellence in market data management, and are voted for by market data end-users across the buy- and sell-side. SD beat off competition from other finalists in the category including Bloomberg, MarkIT and Thomson Reuters.
SD’s data is sourced from trading desks at close to a hundred global and local interdealer brokers, market makers, exchanges and trading platforms as well as top data aggregators. These true live market rates are then acid tested in real-time in the marketplace by active traders. The broad market data contribution means that pricing information is truly neutral and unbiased, ensuring market participants have access to the most accurate information at all times.
Max Bowie, Editor of Inside Market Data comments: "Because these categories of the Inside Market Data and Inside Reference Data Awards are voted for only by end-users of data products and services – i.e. banks and buy-side firms – they provide an indication of the data providers who do the best job of serving their clients in each business area and asset class. We congratulate SuperDerivatives for winning the Best Data Provider for Derivatives award, which it also won in 2007.”
Bonnie Eshel, Head of Market Data at SD comments: “To have the honour of winning this award is further proof that SuperDerivatives’ market data has become an indispensable tool for institutions on both the buy- and sell-side that need to make confident, accurate trading and hedging decisions.
“We’d like to thank our clients across the world for their continued support and for the insightful feedback and input they provide, allowing us to continually update and improve the service we offer.”
SD is transforming the world of derivatives by introducing transparency to all major traded derivative classes including foreign currency, interest rates, equities, commodities, energy and credit. Providing prices that reflect the interdealer market has led the company’s web-based, market-calibrated solutions to be widely accepted as the benchmark for derivatives pricing.
Trading professionals on both the buy and sell side benefit daily from SD’s unique combination of unbiased, aggregated market data and sophisticated modelling techniques. The company also provides fully-fledged risk management solutions, award winning derivatives data and independent portfolio revaluation services.
At the core of all the company’s solutions is SD’s extensively sourced and intelligently amalgamated market data, comprising true live market rates that are acid tested in real-time in the marketplace by active traders and run through a proven pricing model.
SD customers include leading banks, hedge funds, asset managers, custodians and hedge fund administrators in more than 60 countries, supported by a global network of SD offices with 24-hour support services.
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