Structured product analysts FVC and bond valuation specialists FactEntry have decided to
join forces to create a strategic partnership for the valuation of client portfolios of bonds and structured products. FactEntry and FVC will act as preferred valuation providers to each other for their respective product classes to enable both firms to provide a more complete service to their client base. The two companies have already successfully worked together on several client assignments.
Sandeep Dhingra, CEO of FactEntry said: “Many of our clients have large bond portfolios which are accumulated from a number of channels. We frequently see a significant proportion of structured products in those portfolios and are pleased to engage specialists FVC to work with us. This enables us to concentrate on our core strength of bond valuations positions knowing that this important sector is well covered for our clients.”
Tim Mortimer, CEO of Future Value Consultants (FVC) said: “We understand that clients need to
service a wide range of instruments and that valuations has been a hot topic in the last couple of years. We are delighted to work with FactEntry to help us both provide a wider service. Our two firms have co-operated to develop processes and synergies across our data collection and systems to be ready to deliver a seamless single solution.”
Accurate valuations of investments is a very hot topic after last year's market movements and increasing regulatory attention. FactEntry and FVC have been providing valuation services to their clients in their respective core businesses for many years. We are building on the existing year long relationship to provide a more complete service. We also intend to cover other instruments that lie between our main focus, such as corporate convertible bonds and Asset backed securities in structured finance.
FVC's new strategic partners FactEntry is a privately held entity based in London with the specialisation of researching, collating and calculating Fixed Income and Credit reference data, pricing and corporate actions for the global markets. Clients include data vendors, software platforms, trading platforms, buyside clients, and fund administrators.
For more information on FactEntry visit www.factentry.com.
The full press release can be found here:
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