Fitch Solutions Launches ABCDS Pricing Service

The new service offers global coverage of more than 7,500 ABCDS contracts, including residential and commercial mortgage-backed securities, and credit card- and auto asset-backed securities. Fitch clients began using the service early this year, though Fitch is only now formally announcing the service, says Thomas Aubrey, managing director and head of Fitch Solutions.

The service provides consensus pricing for liquid issues and derived pricing from benchmarks for illiquid issues. Consensus prices

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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