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IHS Markit Partners with PiP to Enhance Latin American Bond Pricing

Written by John D'Antona | Sep 13, 2016 1:58:43 PM

IHS Markit  -LONDON – IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that it has partnered with PiP (Proveedor Integral de Precios), a leading multinational corporation  providing valuations for local and international markets, to offer expanded bond pricing coverage for Latin America.

The partnership with PiP broadens Markit’s Fixed Income Pricing coverage of Latin American bonds to more than 90,000 corporate and sovereign bonds across Mexico, Colombia, Costa Rica, Peru and Panama.
Alfredo Font, CEO of PiP, said: “Through this new alliance, the data that we generate daily will be distributed to IHS Markit’s customers, helping value their Latin America-based investments in a transparent, fair and independent way.”

Kiet Tran, global head of Fixed Income Pricing Data at IHS Markit, said: “Our partnership with PiP significantly expands our capabilities in Latin America, offering customers enriched pricing data to gain in-depth insight into the local bond markets where PiP is the leading provider.”

Markit’s fixed income pricing service provides independent pricing, transparency and liquidity data for fixed income instruments to support risk management, price verification, compliance and trading workflows. The service combines a team of over 100 fixed income experts with robust market quotes and transaction data aggregation capabilities to generate a best in class pricing solution. Markit’s daily coverage of 2.5 million
instruments spans municipal bonds, corporate and sovereign bonds, securitised products, bank loans and CDS.