Milford, DE -- (ReleaseWire) -- 02/24/2014 -- Leading Treasury Solutions Provider and Herrington Global announce agreement
Herrington Global Market Data, a division of Herrington Global and TCI Risk Solutions announced today that they have entered into an agreement whereby Herrington Global will supply TCI Risk Solutions with its full suite of Market Data, which includes data on OTC derivatives in fixed income, FX, energy & commodities, equities and interest rates.
Peter Xi Lau, Executive Vice President and Chief Risk Officer said: “We are delighted to have Herrington Global’s Market Data suite available as part of our new Integrated Market Data Service. Corporate treasuries and smaller financial institutions increasingly need to take a more sophisticated approach to valuation and curve construction. The volatility surfaces and other specialized data that Herrington Global provide play an integral role in this process and we are pleased to be able to make them available seamlessly to our customers.”
Benjamin Peters, Worldwide Securities Services Global Custody and Clearance Executive at Herrington Global stated: “We are excited to be able to offer TCI Risk Solutions’ diverse client base access to our OTC market data. The demand for transparent high quality OTC derivative data has never been higher and this partnership makes Herrington Global data available to a wider audience than traditional financial market participants. TCI Risk Solutions’ clients are able to now streamline Herrington Global data directly into their trading system via an automated cloud-based service.”
TCI Risk Solutions is a specialist provider of treasury solutions to public and private sector corporate, debt management intensive entities and financial institutions ranging from commercial banks to credit unions. Covering interest rates, FX, commodities and asset-liability management, TCI Risk Solutions delivers a full front-to-back solution encompassing advanced risk dashboard analytics, hedge accounting, back office and cash/liquidity management.
About Herrington Global
Herrington Global is a leading provider of advisory services and technology-based financial services to retail investors, traders and independent registered investment advisors (“RIAs”). We provide our services predominantly through the Internet, international partnerships networks and relationships with RIAs. We believe that our services appeal to a broad market of independent, value-conscious retail investors, traders, financial planners and institutions.
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