From IBS Intelligence:
Paris-based NeoXam, a provider of financial data management and transaction software solutions, has integrated ICE Data Services’ pricing and reference data with NeoXam’s “NeoXam DataHub”, a platform for Enterprise Data Management (EDM solution). ICE Data Services is part of Intercontinental Exchange.
With this new relationship, NeoXam’s customers will have access to pricing, fixed income evaluated prices, reference data and corporate actions from ICE Data Services. This data will be available through NeoXam’s DataHub, a central repository and user-oriented data management tool used by asset managers, banks, institutional investors and other large asset servicers.
DataHub can normalise any kind of data to match the formatting needs of any size asset management firm or bank. NeoXam will initially use ICE Data Services’ pricing and reference data, and additional data sets will be integrated into NeoXam DataHub in the future.
Florent Fabre, Chief Operating Officer, at NeoXam, said: “This collaboration couldn’t have come at a better time. Data management has always been important for financial institutions, but the rapid changes we’re seeing in global market structures make enterprise data management even more important now than in the past. By integrating ICE Data Services data into our platform, we’re able to bring another recognised data provider to our global client base.”
“With the evolving global financial services market, quality, real-time information and market data is more critical now than ever before,” said Anthony Belcher, Head of ICE Data Services (EMEA). “As we continue to expand the distribution of our offering, working with companies like NeoXam, with their extensive reach into France and other European markets, helps us deliver a robust suite of services over an industry-standard platform.”
NeoXam solutions process more than $14 trillion worth of assets per day and serving over 10,000 users. The firm helps both buy- and sell-side players in markets around the world.
