Data Vets Take Stake in Credit Deals Data Network

tom-glocer
Former Thomson Reuters CEOTom Glocer is one of DealVector's new investors

Former Thomson Reuters chief executive Tom Glocer and Credit Benchmark co-founders Donal Smith and Mark Faulkner (who were previously CEO and founder of securities lending data vendor Data Explorers) have taken an undisclosed ownership stake in DealVector--a platform that connects traders looking for qualified counterparties willing to trade in collateralized debt and loan obligations, derivatives and hedge funds, which provides initial anonymity during negotiation then allows parties to see who they are dealing with--as part of a funding round announced last week.

Glocer, Smith and Faulkner are also investors in Selerity -- where Smith is also chairman -- which turns unstructured events into structured, actionable data.

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