RVS Bows QED Benchmark Pricing

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Benchmark data provider Rate Validation Services has launched its Qualitative Evidential Data (QED) benchmark valuation service for non-centrally-cleared over-the-counter assets and interest-rate benchmarks such as Libor and Euribor.

The service -- the underlying Rate Processing Engine for which was developed using Ab Initio software to handle millions of transactions per second -- captures and processes data in near-real time, then sends resulting benchmark rates to contributing banks in their

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Cutting through the hype surrounding the FDTA rulemaking process

A bill requiring US regulators and institutions to adopt a machine-readable data framework for reporting purposes applies to entity identifiers, but not security identifiers, in a crucial difference, writes Scott Preiss, SVP and global head of Cusip Global Services.

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