ICE Brings Together Products to Expand its Data Services Offering
- Intercontinental Exchange consolidates products to expand ICE Data Services.
US-headquartered Intercontinental Exchange (NYSE: ICE), operator of numerous exchanges and clearing houses, among other financial services-related businesses globally, today announced the expansion of its ICE Data Services, according to an official statement.
The expansion was made possible by bringing together a number of solutions including proprietary exchange data, valuations, Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term, desktop tools and connectivity across ICE, the New York Stock Exchange (NYSE), Superderivatives, and Interactive Data.
Data Services expanded
The ICE Data Services offering includes proprietary data from ICE and NYSE’s 11 global exchanges, and end-of-day evaluated pricing for 2.7 million securities including more opaque securities that are hard to value or thinly-traded.
The service also provides these pricing capabilities for complex derivatives and provides reference data for more than 10 million instruments, in addition to desktop tools and connectivity on its Secure Financial Transaction Infrastructure (SFTI) network.
This integrated approach is consistent with our focus on providing neutral, efficient workflow solutions across markets in a dynamic market environment.
Post-Acquisition Consolidations
The evolution of the ICE Data subsidiary started in 2003, and reached a key milestone today as explained in the update, and follows a number of acquisitions that the firm has made over the years. Last year ICE acquired Interactive Data, and now combines products from various business units under one offering.
Jeffrey Sprecher
ICE Chairman and CEO, Jeffrey C. Sprecher, said in a statement regarding the announcement: “By combining our broad range of proprietary data services and analytics, we are able to offer clients a more complete, consolidated view of the markets.”
Mr. Sprecher added: “This integrated approach is consistent with our focus on providing neutral, efficient workflow solutions across markets in a dynamic market environment. We will continue to invest and innovate to offer actionable views of global markets to support decision making whether for trading, investment, operations or Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term.”
ICE Data Services President, Lynn Martin, added in a statement: “The depth of solutions that power ICE Data Services combine industry-leading fixed income evaluations and reference data with data from ICE and NYSE’s global exchanges, as well as technology-driven data tools. We’ll continue to expand to serve the needs of our customers for comprehensive, mission-critical data for the front, middle and back office requirements.”
US-headquartered Intercontinental Exchange (NYSE: ICE), operator of numerous exchanges and clearing houses, among other financial services-related businesses globally, today announced the expansion of its ICE Data Services, according to an official statement.
The expansion was made possible by bringing together a number of solutions including proprietary exchange data, valuations, Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term, desktop tools and connectivity across ICE, the New York Stock Exchange (NYSE), Superderivatives, and Interactive Data.
Data Services expanded
The ICE Data Services offering includes proprietary data from ICE and NYSE’s 11 global exchanges, and end-of-day evaluated pricing for 2.7 million securities including more opaque securities that are hard to value or thinly-traded.
The service also provides these pricing capabilities for complex derivatives and provides reference data for more than 10 million instruments, in addition to desktop tools and connectivity on its Secure Financial Transaction Infrastructure (SFTI) network.
This integrated approach is consistent with our focus on providing neutral, efficient workflow solutions across markets in a dynamic market environment.
Post-Acquisition Consolidations
The evolution of the ICE Data subsidiary started in 2003, and reached a key milestone today as explained in the update, and follows a number of acquisitions that the firm has made over the years. Last year ICE acquired Interactive Data, and now combines products from various business units under one offering.
Jeffrey Sprecher
ICE Chairman and CEO, Jeffrey C. Sprecher, said in a statement regarding the announcement: “By combining our broad range of proprietary data services and analytics, we are able to offer clients a more complete, consolidated view of the markets.”
Mr. Sprecher added: “This integrated approach is consistent with our focus on providing neutral, efficient workflow solutions across markets in a dynamic market environment. We will continue to invest and innovate to offer actionable views of global markets to support decision making whether for trading, investment, operations or Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term.”
ICE Data Services President, Lynn Martin, added in a statement: “The depth of solutions that power ICE Data Services combine industry-leading fixed income evaluations and reference data with data from ICE and NYSE’s global exchanges, as well as technology-driven data tools. We’ll continue to expand to serve the needs of our customers for comprehensive, mission-critical data for the front, middle and back office requirements.”