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Marketplace knowledge dealer of the 12 months: Ice Knowledge Products and services

Monetary companies want a marketplace knowledge supplier that gives end-to-end answers for info, analytics, index products and services, connectivity and knowledge equipment for international markets throughout asset categories.

Ice Knowledge Products and services is in a novel place as a marketplace knowledge supplier, in addition to an substitute. Lately it serves a few of Asia’s largest banks, insurers, asset managers and pension budget. Within the area, it has a presence in key markets similar to Australia, Hong Kong, Japan and Singapore.

Its experience within the markets, clearing properties and knowledge industry positions Ice to ship extra mission-critical knowledge and analytics answers. One instance is the way it builds indices in line with EU Allowance carbon futures contracts traded on its exchanges, enabling exchange-traded fund (ETF) issuers to create merchandise and giving Asian traders get admission to to international carbon markets.

Differently it expands is via obtaining main knowledge distributors of their asset categories. For instance, after obtaining NYSE in 2013, Ice received SuperDerivatives in 2014, a most sensible knowledge dealer within the OTC derivatives area. Then, in 2015, it received Interactive Knowledge Company, a reference knowledge and fixed-income pricing supplier. This used to be adopted via S&P World’s securities analysis and credit score marketplace research companies in 2016. Ice additionally received Financial institution of The usa Merrill Lynch international analysis department’s fixed-income index platform and Kalotay Analytics in 2021. Then, RisQ and Stage 11 Analytics have been added to extend Ice’s local weather exchange and selection knowledge features.

Magnus Cattan, vice-president for constant revenue and knowledge products and services for Asia-Pacific at Ice, explains that those acquisitions have allowed Ice to turn out to be a full-service multi-asset elegance knowledge supplier.

“Additionally, those acquisitions introduced with them high-value distinctive proprietary content material to our knowledge library, which truly differentiates ourselves to different distributors. We’ve got just lately received companies within the ESG (environmental, social and governance) area and innovate our product providing to fulfill purchasers’ present and long term necessities,” he says.

In July 2022, Ice received Urgentem, a supplier specialising in international company emissions and local weather transition answers. Cattan says this acquisition expanded Ice’s local weather chance providing to incorporate protection of worldwide private and non-private firms throughout new geographies and added state of affairs chance research and stress-testing for fund managers and banks.

Ice may be innovating in the way it delivers knowledge to purchasers. It just lately introduced the Cloud Attach programme, which enabled the Ice World Community, which connects the worldwide marketplace neighborhood to a spread of knowledge and buying and selling venues, to achieve marketplace contributors within the cloud and greater than 700 places around the globe.

Cattan says Cloud Attach permits purchasers to get admission to Ice’s cross-asset, low-latency, real-time marketplace knowledge by way of any main public cloud supplier. Cloud Attach additionally reduces purchasers’ general price of possession via reducing the connectivity price of receiving marketplace knowledge. Purchasers don’t wish to set up separate bodily leased strains and, as a substitute, real-time knowledge is routed into purchasers’ cloud environments the usage of Cloud Attach’s present connections to purchasers’ cloud environments.

Ice additionally advanced the Ice DataVault (IDV), an AWS cloud-based platform that permits customers to get admission to massive quantities of historic tick knowledge from the Ice Consolidated Feed with historical past going again greater than 10 years. It covers greater than 25 million tools from over 600 assets throughout multi-asset categories, together with equities, derivatives, constant revenue, FX, cash markets, commodities, power and ETFs.

Cattan says its cloud-native characteristic supplies shoppers with an economical approach to get admission to massive volumes of datasets within the cloud with out incurring excessive transmission prices. “We see increasingly more use instances that our purchasers within the cloud transmit; loads of terabytes of knowledge from IDV to their S3 bucket for back-testing and historic research functions,” he says.

Ice additionally just lately introduced Ice Shared Farm, a multi-tenant and completely controlled knowledge feed get admission to centre in Taiwan. The carrier offers shoppers a ‘controlled’ revel in the usage of Ice’s hosted and controlled environments.

“It gets rid of the desire for devoted marketplace knowledge infrastructure and kit and permits shoppers to simply ‘attach in’ to obtain low-latency, real-time marketplace knowledge by way of cross-connects or native leased strains, which might considerably cut back connectivity prices,” he says.

Ice is supportive of cloud applied sciences and is operating with all of the main cloud suppliers to make sure their purchasers can get admission to Ice’s knowledge during the cloud seamlessly and easily. Cattan says it’s a transition to the cloud for lots of companies, and Ice is operating with the cloud suppliers to make it as simple as imaginable for the tip purchasers. “We also are continuously in search of new datasets and programs within the cloud that may be supported via Ice knowledge,” he says.

Having a look forward, Cattan sees ESG as a knowledge want this is briefly evolving. Consequently, it’s continuously increasing its providing to fulfill the greater calls for of its purchasers. Local weather chance is some other house of focal point, and its contemporary acquisitions will lend a hand purchasers navigate the gap.

There may be a push into algorithmic buying and selling and digital execution in Asia. “Investors in Asia more and more want knowledge to lend a hand with pre-trade transparency and post-trade research. Ice is operating to fulfill purchasers’ wishes via enticing with 37 marketplace contributors throughout other places and company varieties to grasp the tendencies and demanding situations on this area,” Cattan says.

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