London,
30
October
2017
|
11:48
Europe/London

ICAP Information and Limina Financial Systems partner to provide enhanced OTC data to the buy-side

London, New York, 26th October 2017 – ICAP Information, part of the TP ICAP Group and a leading provider of authoritative and independent over-the-counter (OTC) market information, has partnered with Limina Financial Systems. ICAP Information will be providing Limina with interest rate derivatives and money markets data generated from ICAP’s deep liquidity pool. Access to high quality pre-constructed interest rate curves and data enhances the risk management capabilities of Limina’s Captron fund management platform.

Based in Stockholm, Limina provides hedge funds with a complete, automated front-to-mid-office system, incorporating order management, portfolio management and risk management workflows in a single solution. The availability of ICAP Information’s data within Captron will heighten the accuracy of risk management, accelerate risk modelling and sharply reduce maintenance costs for Limina’s clients.

Lisa Ward, EMEA Sales Director, ICAP Information said: “Through our partnership with Limina we are able to deliver ICAP’s timely and accurate OTC market information directly to portfolio managers, quants and analysts. We share Limina’s mission to develop innovative solutions for financial institutions and our association with Limina will allow ICAP Information to reach the specialist hedge fund market who are Captron users.”

Kristoffer Fürst, CEO, Limina commented: “By working with ICAP information, we will be able to offer out-of-the-box interest rate risk support and critical bond price data, helping our users model curves and risk more efficiently. Clients will be able to get this with minimal effort straight from the Captron platform, in a cost-effective manner. This partnership extends our commitment to providing hedge funds with automated, interconnected and complete support for all risk and portfolio management workflows.”