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TP ICAP rebrands data and analytics offering

News Team, 12/04/2021

TP ICAP Group (TP ICAP) has rebranded its data, analytics, and post-trade offerings with the launch of Parameta Solutions.

The business provides clients with unbiased OTC content and proprietary data, alongside in-depth insights across price discovery, risk management, benchmark and indices, and pre-and-post-trade analytics.

Parameta Solutions is the flagship brand of TP ICAP’s data and analytics offering. In 2020 posted it posted a nine percent increase in revenues (in constant currency) at £145 million.

Other brands within the division include Tullett Prebon Information, PVM Data Services, ICAP Information, Liquidnet Investment Analytics and Burton-Taylor Consulting.

With its new identity, TP ICAP believes the nascent post-trade solutions offering will help market participants control counterparty and regulatory risks through a growing range of tools that manage balance sheet exposure, as well as compression and optimisation services.

Nicolas Breteau, chief executive officer at TP ICAP, explained the decision to rebrand the division.

He said: “Giving the business a new, distinct identity will accelerate the execution of this strategy, better enabling it to develop new partnerships, work with third party data sources, and diversify its offering beyond raw data to include benchmarks, indices and post trade solutions.”

Eric Sinclair, chief executive of Parameta Solutions added: “By providing valuable OTC market data, we make it easier for our clients to manage complex markets where quality pricing data is scarce. We aim to develop our offering to provide tailored data-powered solutions that create possibilities and value, distributing these solutions from enterprise to cloud delivery, via channel partners, or direct via the Parameta Solutions webstore.”

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