Credit Benchmark
People Moves: Broadridge, ASX, State Street, Northern Trust, and more
A look at the past month’s people moves in the capital markets technology and data space, including Simon Robertshaw, who joins Broadridge as CTO for front-office trading capabilities.
Credit Benchmark Taps Ex-Goldman Sachs CRO to Lead Advisory Board
The Goldman Sachs risk veteran will assemble an advisory board of experts who understand risk and data to guide the vendor's strategy.
TP Icap and Credit Benchmark Partner for Credit Proxy Solution
Collaboration will combine market pricing with Credit Benchmark ratings, while Credit Benchmark will receive Tullet Prebon market data for risk research.
Credit Benchmark Adds Ex-Goldman Vice Chair to Board
The appointment follows a funding round that also involved Index Ventures, Balderton Capital, and Communitas Capital, in addition to individual investors like Sherwood.
Credit Benchmark Grows Bank Contributors, Eyes Non-Bank Credit Data
The vendor plans to collect and create consensus rating datasets from other types of companies besides banks.
Credit Benchmark Taps Pastoressa for Product, Technology
Like many of his Credit Benchmark colleagues, Pastoressa spent much of his career at Thomson Financial and Thomson Reuters.
AxiomSL Charters Chopra for Growth
Data management vendor appoints Harry Chopra, an industry veteran of 30 years, as chief client officer.
Credit Benchmark’s Smith Taps Former Thomson Colleague Haney to Replace Him as CEO
Haney previously worked alongside Credit Benchmark co-founder Donal Smith at Thomson Financial.
Credit Benchmark Names Smith CEO
The former Thomson Financial EMEA CEO takes over from Elly Hardwick, who has left the vendor.
Opening Cross: Investors Optimistic Over the Value of Information
Approaching year-end, it’s not unusual to see a flurry of mergers and acquisition activity as firms hustle to clear their books and close deals that often come with New Year expiry dates. And while M&A activity takes place year round, it’s uncommon to…
Credit Benchmark Raises $20M to Strengthen Platform, Grow Headcount
The investment will in part fund a New York office, led by former S&P Capital IQ Exec Harry Chopra
Opening Cross: In Data, as in Baseball, a Great Captain Unites His Team
Whether you’re a Yankee or Red Sox supporter, you have to take your hat off to Yankees captain Derek Jeter: in his last game at Yankee Stadium, he not only made a respectful exit in front of a sold-out crowd of home fans, but also saved the day with a…
Credit Benchmark to Begin Publishing Consensus Credit Ratings by Year-End
London-based Credit Benchmark, a startup provider of aggregated, bank-generated credit ratings, is preparing to publish its first set of live data towards the end of this year, which will be the first of its monthly──and ultimately more frequent──rating…
Opening Cross: Looking for Data (and Beer) in All the Right Places
Over the July 4 long weekend, I strolled around the new residential skyscrapers built along the Long Island City waterfront, and the redeveloped Gantry Plaza State Park overlooking the East River and the UN building. A few blocks inland, in a parking lot…
Credit Benchmark Raises $7M, Unveils Consensus Ratings Service
London-based Credit Benchmark, a startup provider of consensus credit rating data, has raised $7 million to support the ongoing production rollout of its data service by funding new hires and the opening of a new office in New York.
Credit Benchmark Readies Launch for 2014
London-based startup consensus credit ratings provider Credit Benchmark has begun its proof-of-concept phase with an undisclosed number of contributing banks, ahead of a full production launch scheduled for early next year.
Data Vets Take Stake in Credit Deals Data Network
Former Thomson Reuters chief executive Tom Glocer and Credit Benchmark co-founders Donal Smith and Mark Faulkner (who were previously CEO and founder of securities lending data vendor Data Explorers) have taken an undisclosed ownership stake in…
Max Bowie: Give a Little and You Get a Little
Despite the potential for manipulation of benchmarks like Libor, Max reports that new data sources designed to provide greater transparency and better pricing are basing their services on contributed data from market participants to give traders an edge…