RVS Readies Global Cross-Asset Benchmark Valuations

Singapore-based benchmark data provider Rate Validation Services is close to completing the global rollout of its cross-asset, outsourced benchmark pricing service for banks, which vendor officials say can produce more accurate benchmarks than those priced in-house by banks using large numbers of staff, after spending a year re-tailoring its existing service to meet the demands of local markets.

The vendor already supports pricing for all asset classes on its initial end-of-day service, which