Insights & Analysis

Euromoney TradeData live on Symphony

10th March, 2020|Luke Jeffs

Derivatives

The division of Euromoney said on Tuesday it has partnered with ipushpull to launch a data service on Symphony

Euromoney TradeData has launched its first reference data service that can be accessed by clients through Symphony, the collaboration platform used by the world’s largest banks.

Euromoney TradeData, based in London and Essex, said in an emailed statement on Tuesday it has worked with ipushpull, a data firm that works with Symphony, to make available on the network a reference data application.

The firm said the new feature will enable “secure data transfer between internal and external counterparties, to resolve trade-processing, including incorrect or missing trade data, pre-trade risk, clearing, settlement and regulatory reporting issues”.

Mark Woolfenden, managing director of Euromoney TRADEDATA, said: “The release of our first Symphony application endorses our strategy of providing embedded, on demand workflow functionality to clients accessing our reference data. Community messaging solutions are a perfect medium for requesting and retrieving unique data sets as part of rapidly developing workflow technologies.” 

TradeData announced in October its partnership with ipushpull, which collaborates with some of the world’s top networks including Symphony, Microsoft, AWS and BT.

Euromoney TRADEDATA moved in October its futures and options data to the cloud following an 18-month project aimed at offering faster and tailored access.

The firm said the platform provides faster access to up-to-date futures and options datasets while leveraging benefits of cloud computing such as allowing easy setup and integration with third-party applications.