Lacrosse Derives Benefit From Outside Pricing Services
New York-based Lacrosse Global Fund Services has found that using pricing services from Markit and Bloomberg (the BVAL service) has given their firm more reliable price data, according to Daniel Johnson, director of valuations at Lacrosse.
Lacrosse implemented BVAL and Markit's Portfolio Valuations for OTC pricing and Valuation Manager in early 2011 (shortly after BVAL itself launched), and gives its clients choice as to which of those they want to derive their data from, says Johnson. "They may
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