Service Focus: Data Price Collection
Asset Arena Pricing Services provides a unique Data Price collection, reconciliation and validation service for OTC derivatives and other illiquid instruments. Over 350 different manual sources have been incorporated into the fully automated ADEPT (Automated Data Extraction Processing Tool) system. Asset Arena Pricing Services will incorporate this data into the price validation database and validate all data to a schedule of your choosing, including daily, weekly or monthly closing price reports.
Features
- Utilizes fully automated data extraction system
- Counterparty sources are agreed along with frequency of collection
- Data validated to a schedule of your choosing, including daily, weekly or monthly closing price reports
- Tailored pricing files sent in a format to suit your in-house systems
- Exception reports and audit trails provided as required
- All data subjected to rigorous validation checks including movement tolerances, stale pricing checks, missing data and checks to other sources
- All client queries answered within 15 minutes of receipt
Benefits
- Risk Reduction – Using Asset Arena Pricing Services as an independent third party validated pricing solution reduces operational and financial risk and protects reputation
- Cost Savings – Control costs, increase efficiency and free up staff time for value added functions
- Meeting Service Level Agreements –Timely, accurate data collection is a key component of the valuation control process
- Regulatory Adherence and Compliance – Prompt and reliable validated price reports enable you to meet regulatory reporting requirements
See Also
Data Validation