Fitch Solutions has launched an integrated data service (IDS) in order to offer a single, customisable feed platform covering data from across the Fitch Group, including credit ratings, CDS pricing, market-based risk signals and fundamental financial data.
Jon DiGiambattista of Fitch Solutions says: "Integrating continuously updating data from a variety of sources, each with their own formats and identifiers, creates significant overhead for financial companies. Market participant needs for flexible, customisable data services only increase in volatile markets as internal and external demands for information rapidly evolve."
The new feed will enable users to access information on ratings, fundamental financials, CDS pricing and implied ratings and market-based probabilities of default. IDS streamlines the delivery of Fitch's content into a single data feed, which can be customised according to user preferences and is in a standard format that can easily be integrated with legacy IT applications.
Users can select daily, intraday, monthly or quarterly delivery, while data fields use customisable standard common identifiers to enable the integration of a wide range of data. IDS data sets are offered separately, all together or as part of a customised package, which also includes features such as portfolio mapping, data validation and bespoke file formats.
