NEOXAM AND ICE PARTNER TO BRING ICE PRICING AND REFERENCE DATA TO CLIENTS
From Financial IT:
NeoXam, a leading provider of financial data management and transaction software solutions, announced it has integrated ICE Data Services’ pricing and reference data with NeoXam’s “NeoXam DataHub”, a leading platform for Enterprise Data Management (EDM solution). ICE Data Services is a global leader in market data, analytics and connectivity services, and is part of Intercontinental Exchange (NYSE: ICE).
In response to changing technology and regulatory environments, financial institutions are utilising data in more ways than ever. With this new relationship, NeoXam’s customers will have access to pricing, fixed income evaluated prices, reference data and corporate actions from ICE Data Services. This data will be available through NeoXam’s DataHub, which is a central repository and user-oriented data management tool used by asset managers, banks, institutional investors and other large asset servicers.
DataHub can normalize any kind of data to match the formatting needs of any size asset management firm or bank. NeoXam will initially use ICE Data Services’ pricing and reference data, and additional data sets will be integrated into NeoXam DataHub in the future.
Florent Fabre, Chief Operating Officer, at NeoXam, said: “This collaboration couldn’t have come at a better time. Data management has always been important for financial institutions, but the rapid changes we’re seeing in global market structures make enterprise data management even more important now than in the past. By integrating ICE Data Services data into our platform, we’re able to bring another recognized data provider to our global client base.”
“With the evolving global financial services market, quality, real-time information and market data is more critical now than ever before,” said Anthony Belcher, Head of ICE Data Services (EMEA). “As we continue to expand the distribution of our offering, working with companies like NeoXam, with their extensive reach into France and other European markets, helps us deliver a robust suite of services over an industry-standard platform.”