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.

  • Read this next

    Fintech

    Volt secures EMI license, expands payment solutions in UK

    Volt has successfully obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA).

    Retail FX

    ASIC bankrupts finfluencer Tyson Scholz over stock tips

    The Australian Securities and Investments Commission (ASIC) has effectively bankrupted Tyson Robert Scholz, the figure behind “Black Wolf Pit.” The action marks a significant crackdown on so-called ‘finfluencers’ and individuals providing unlicensed financial services.

    Digital Assets

    Green Bitcoin Presale Raises $1M as Bitcoin Approaches its ATH

    The eco-friendly crypto project Green Bitcoin has seen its limited-time presale phase cross $1 million in funding. With an innovative gamified staking model and energy-efficient foundation, Green Bitcoin offers token holders a way to stake their tokens and generate yield.

    Web3

    Introducing QuickNode Streams: Elevating Blockchain Data Management

    Discover QuickNode’s Latest Innovation: Streamlining Blockchain Data Streaming for Enhanced Efficiency and Accessibility. Explore the Future of Blockchain Technology with Streams.

    Industry News

    John Oliver rips into MetaTrader over role in ‘Pig Butchering’ scams

    “If your friend told you to download an app, and you saw it in the app store with good reviews, you might assume everything on it was legitimate. In before, you saw MetaTrader’s logo which looks like three men in suits jerking each other off under a table – an appropriate metaphor for cryptocurrency if I have ever seen one,” Oliver quipped.

    Digital Assets

    Coinbase supports Nethermind and Erigon to ease Geth dependency

    Coinbase plans to support additional execution clients as America’s largest crypto platform aims to improve the Ethereum blockchain’s resilience and mitigate the risks associated with the network’s heavy reliance on a single client.

    Opinion

    How AI Transforms Trading: Current Trends and Perspectives

    In 2023, we observed a boom of news about Artificial Intelligence (AI) in every field, whether finance, tech or medicine. In 2024 and later, AI will take an even more significant place.

    Industry News, Uncategorized

    FCA wants to tackle lack of competition in wholesale data market

    “Complex licensing practices by MDVs and trade data providers who deliver their data through MDVs increase costs for data users. Many Market Data Vendor (MDV) users have to hold licences both from the data generator (such as a trading venue) and from the MDV through which they access data. We have seen an increasing proliferation of licences for similar data types and different use cases. Complexity also drives additional costs for data users, such as operating a compliance team.”

    Digital Assets

    SEC objects to Terraform’s $166 million legal retainer

    The U.S. Securities and Exchange Commission (SEC) has lodged objections against Terraform Labs for a $166 million retainer payment to its legal representatives ahead of its trial.

    <