The world’s largest inter-dealer broker has partnered with Refinitiv for its comprehensive, enriched and integrated global data across multiple asset classes, including equities, fixed income, energy & commodities, FX and derivatives.
Refinitiv’s data will power TP ICAP’s applications via the Refinitiv Data Platform, and on the desktop via Eikon, thus supporting its data needs for both its brokers and technology platforms.
The multi-year strategic agreement will start with an overall analysis of changing business priorities and focus on datasets from Refinitiv’s extensive ecosystem to help TP ICAP uncover opportunities and achieve its goals most effectively. Refinitiv will also look to support TP ICAP’s growth ambitions and fuel its innovation efforts whilst also reducing time to market as it builds new data-centric applications and services for its clients.
Andy Murphy, Global Head of Market Data at TP ICAP, said: “We are very pleased to enter into this agreement and excited about working together with Refinitiv as a key strategic partner for the
provision of our market data.”
James Cliffe, Regional Managing Director for EMEA at Refinitiv, added: “We’re delighted to support TP ICAP with the data and technology it needs to enhance investment and support global growth through its activities. We will continue to work with TP ICAP as its business priorities evolve, and we will support the company with a focused and strategic approach to our data. This collaborative approach looks to ensure that TP ICAP and Refinitiv can succeed together.”
Earlier this month, IP CAP appointed industry veteran Joanna Nader to serve as its new Global Head of Strategy. Nader is an expert in equity, capital markets, and risk management with more than 20 years of experience. Before joining TP ICAP in her new role earlier this month, she served as Managing Director of Canadian investment banking firm RBC Capital Markets based out of the firm’s London office for 15 months. During her term at the firm, she also led its Diversified/ Specialty Financials Research division as the unit’s head alongside her duties as Managing Director.
Refinitiv has recently added HTML-5 responsive widgets for wealth portals designed to support the experiences of wealth management firms on Refinitiv’s portal. The firm found that over 50% of wealth managers say providing a more sophisticated digital experience is a challenge for their firm. The new suite addresses those challenges as wealth managers build out their professional and client portals and improve their user experience. The new digital tools allow firms to deploy Refinitiv’s content and market data easily and thus allowing customers to optimize and customize their digital experiences for end-users across devices.