Parameta adds TP ICAP’s SURFIX feed to BT Radianz Cloud

Rick Steves

Brokers, institutions, exchanges and clearing and settlement houses leverage the Radianz Cloud to access thousands of applications and services to run their operations. 

TP ICAP’s data and analytics division, Parameta Solutions, has announced that BT Radianz Cloud is now carrying SURFIX feed, a service that enables customers to receive all TP ICAP market data in real time via a single, consolidated API feed rather than through multiple different feeds.

The data encompasses the Tullet Prebon, ICAP and PVM brands and includes data sets covering Rates, FX, Money Markets, Energy & Commodities and other high quality, scarce market data.

Cloud-based data solutions continue to grow

Jonathan Cooper, Chief Revenue Officer at Parameta Solutions, commented: “As cloud-delivery of data solutions continues to grow, we’re constantly evolving to meet our clients’ needs. With so many existing and potential clients already on BT Radianz Cloud, it was a natural choice to offer this secure and resilient route to access SURFIX feed and drive growth.”

Phil Swindle, Director, Radianz, BT, added: “We’re delighted to welcome Parameta Solutions’ Surfix feed to BT Radianz Cloud. This is a great example of how BT works with innovative providers. It gives members access to the best market data and services, enabling them to make faster and better-informed decisions. For providers, it accelerates growth while satisfying client demand for security and resilience.”

Brokers, institutions, exchanges and clearing and settlement houses leverage the Radianz Cloud to access thousands of applications and services to run their operations.

Parameta’s SURFIX is now available for community members, who can easily consume the consolidated TP ICAP market data feed, with 24/7 Radianz support.

Parameta authorized by UK FCA as benchmark administrator

Last week, Parameta appointed Anand Venkataraman as the Head of Benchmark and Indices Product Management following the firm’s approval as a benchmark administrator by the UK Financial Conduct Authority.

Anand Venkataraman joins Parameta from Qontigo, part of the Deutsche Börse Group, where he headed up the Product Management function for their index business. His career includes senior business development and product roles at Citi Fixed Income Indices and The Yield Book, and Barclays Risk Analytics and Index Solutions businesses.

Parameta Solutions has been authorized by the FCA to operate as a benchmark administrator in a milestone for the interdealer-broker, which will be the first to administer over the counter (OTC) benchmarks and indices.

Anand Venkataraman will join the team to help expand Parameta Solutions’ existing suite of benchmarks, with a particular focus on the ESG and rates space.

The company provides clients with unbiased OTC content and proprietary data, and in-depth insights across price discovery and risk management, alongside its existing TP ICAP euro rates benchmarks offering.

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