Interactive Data Adds CDS to OTC Derivatives Valuations

Interactive Data has expanded its OTC Derivatives Valuation Service with the addition of evaluations for credit default swaps and CDS indexes, in response to client demand for a way to apply the vendor’s cash bond evaluations to the credit derivatives markets.

The vendor began rolling out the CDS evaluations at the end of last year to existing clients—including asset managers, hedge funds and sell-side firms—and is now launching the extended service and building in more transparency, says Mark