GTreasury Partners with Fenics Market Data to Provide Treasury Professionals with Industry’s Most Accurate OTC End-of-Day D...
June 29 2020 - 5:00PM
GTreasury, a treasury and risk management platform provider, today
announced a new integration that pairs GTreasury’s solution with
Fenics Market Data, a leading originator, generator, and
distributor of global financial and commodities market data.
The new integration enables GTreasury clients to access
end-of-day and historic data sets – including interest rate
volatilities, credit data, and OIS data – to generate accurate and
timely valuations of their financial instruments for accounting and
risk reporting. The data is seamlessly uploaded daily to customers’
applications via Refinitiv’s DataScope Select service and will
be used to value more complex derivatives with the best-in-class
GTreasury valuation functionality. This includes credit adjustment
calculations using advanced Potential Future Exposure (PFE)
methodology.
“GTreasury clients rely on high-quality end-of-day data to
reliably and thoroughly report on their complex financial
instruments,” said Ashley Pater, Global Head of Product at
GTreasury. “Partnering with Fenics Market Data enables corporate
treasurers to ensure accurate valuations using GTreasury’s
full-lifecycle treasury management software and Fenics Market
Data’s industry-leading financial market data.”
“Never has it been more critical for treasury professionals to
possess the precise value of cash and financial instruments on a
daily basis,” said Rich Winter, Senior Managing Director at Fenics
Market Data. “Fenics Market Data is excited to partner with
GTreasury to provide its finance and treasury customers with the
most accurate, comprehensive, and transparent financial market data
of the highest quality in real-time to generate timely valuations
for accounting and risk reporting.”
About GTreasury
For more than 30 years, GTreasury has delivered the leading
digital Treasury and Risk Management System (TRMS) to corporate
treasurers across industries. With its continually innovating
Software-as-a-Service platform, GTreasury provides customers with a
single source of truth for all their cash, payments, and risk
activities. The TRMS solution offers any combination of Cash
Management, Payments, Financial Instruments, Risk Management,
Accounting, Banking, and Hedge Accounting – seamlessly integrated,
on-demand worldwide and fully secured. Headquartered in Chicago
with offices serving EMEA (London) and APAC (Sydney and Manila),
GTreasury’s global community includes more than 750 customers and
30+ industries reaching 160+ countries worldwide.
About Fenics Market Data
Fenics Market Data is a leading provider and generator of global
financial and commodities market data. Fenics Market Data is a
division within BGC Partners, Inc. (NASDAQ:BGCP) and the
distributor of data for the BGC group of companies, including BGC,
GFI, RP Martin, Freedom, Amerex, Aurel BGC, Sunrise, BGC Liquidez
and Perimeter Markets, as well as our flagship Fenics Market Data
packages. Data is sourced directly from the global broking
operations of BGC Partners and its subsidiaries, including
electronic and voice broking, global pricing systems and analytics,
with enhanced coverage through Fenics Market Data proprietary data
packages. Fenics Market Data contracts for its services via the BGC
UK subsidiary Fenics Software Limited.
About BGC Partners, Inc.
BGC Partners is a leading global brokerage and financial
technology company. BGC specializes in the brokerage of a broad
range of products, including fixed income (rates and credit),
foreign exchange, equities, energy and commodities, shipping,
insurance, and futures. BGC also provides a wide variety of
services, including trade execution, brokerage, clearing, trade
compression, post-trade, information, and other back-office
services to a broad range of financial and non-financial
institutions. Through brands including Fenics, BGC Trader,
Capitalab, Lucera, and Fenics Market Data, BGC offers financial
technology solutions, market data, and analytics related to
numerous financial instruments and markets. BGC, BGC Trader, GFI,
Fenics, Fenics Market Data, Capitalab, and Lucera are
trademarks/service marks and/or registered trademarks/service marks
of BGC Partners, Inc. and/or its affiliates.
BGC’s customers include many of the world’s largest banks,
broker-dealers, investment banks, trading firms, hedge funds,
governments, corporations, and investment firms. BGC’s Class A
common stock trades on the NASDAQ Global Select Market under the
ticker symbol “BGCP”. BGC Partners is led by Chairman of the Board
and Chief Executive Officer Howard W. Lutnick. For more
information, please visit http://www.bgcpartners.com. You can also
follow BGC at https://twitter.com/bgcpartners,
https://www.linkedin.com/company/bgc-partners and/or
http://ir.bgcpartners.com/Investors/default.aspx.
Contact
Clement | Peterson Public Relations
bret@clementpeterson.com
BGC Partners (NASDAQ:BGCP)
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