TP ICAP Data & Analytics aggregates ICAP, Tullett Prebon and PVM data via SURFIX

TP ICAP Group, a leading provider of market infrastructure and OTC data, today announces that its SURFIX market data feed is now live. This is a market-leading service which enables customers to receive all TP ICAP market data via a single consolidated feed, rather than through multiple different feeds. 

In what is a market-leading move, TP ICAP shared FX, money markets, rates and derivatives data from its Tullett Prebon and ICAP brands with German bank, L-Bank. FIX has become the chosen electronic communications protocol of global financial markets and SURFIX, which is based on FIX 5.02, allows for a greater breadth and volume of TP ICAP data to be shared with clients via one single feed. 

Jonathan Cooper, Global Head of Sales, TP ICAP Data & Analytics, said: “By introducing SURFIX we are able to provide a fast and reliable stream of data directly to clients. As a major provider of market data, we’re able to share data for all security types, from all brands,  directly with our clients, enabling us to meet their enterprise needs and reduce the total cost of ownership.”

L-Bank and TP ICAP partnered with oraise, a leading information technology services company, to complete the SURFIX connection, enabling L-Bank to seamlessly integrate TP ICAP data within its workflow requirements. 

Manuel Räber, CEO oraise, said: “We are very pleased to have partnered with TP ICAP on SURFIX, enriching our SnapFlux market data hub with a valuable data source for our customers, providing them with ever more choices in meeting their specific market data requirements.” 

About TP ICAP 

TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy and commodities markets. 

Operating through our core businesses, Tullett Prebon, ICAP, PVM, Coex Partners, Tullett Prebon Information, ICAP Information Services and PVM Data Services, we create strong networks in person and through technology. We provide comprehensive analysis and insight into market conditions and long-term trends. We combine data, knowledge and intelligence into contextual insight and commercial guidance. By engaging with our clients, and providing innovative products and services, we enable our clients to transact with confidence, facilitating the flow of capital and commodities around the world, enhancing investment and contributing to economic growth.

Our values of honesty, integrity, respect and excellence underpin everything we do.

About the oraise Group

oraise is an independent IT services company in the European financial industry, focused on providing financial information and stock market services. Oraise offers products, services and consulting for the integration and operation of market and transaction data. Its clients include banks, stock exchanges, market data providers and financial service providers, as well as commercial and treasury departments of large industrial and insurance companies. For over 20 years, oraise has been successfully active in these business areas as an owner-managed company. Certified according to ISO 27001 since 2017, oraise undertakes strategic outsourcing of IT systems and processes in the highly regulated financial market.
Further information can be found at www.oraise.com

Media Contact 
TP ICAP  
Laura Whybrow
E: laura.whybrow@tpicap.com
T: +44 77 919 56 219

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Numeracy: the issue
Nearly 80% of the UK adult population have numeracy levels below the equivalent of a GCSE ‘C’ grade, and 49% are at a level expected of children at primary school. The National Numeracy 2017 YouGov poll revealed a quarter of people (25%) said they do not feel confident with maths.

This can make people more vulnerable to unemployment, debt and fraud. It also means the UK risks becoming less competitive internationally and costs the country billions each year.

 

Addressing the issue
The issue is not just about people's competence with numeracy, it is about their confidence and attitude to the subject too.

But this can be overcome, and the first ever Number Confidence Week aims to help people take the first step towards feeling good about numbers, so that they are better placed to build their number skills, which in turn will help to help millions get on in the workplace, manage money or help children with their schoolwork.
 
Why is TP ICAP the founding partner?
According to our report, The Confidence Gap: Women and Number Confidence, 78% of young British women would not consider a career
in financial services, with nearly half saying that a lack of confidence with numbers is a reason for this. 

As an industry, addressing this would help improve gender diversity, as well as broader social mobility.  

This is just one reason why TP ICAP is a founding partner of Number Confidence Week. We want to support our strategic charity partner National Numeracy to empower people from all backgrounds to build their numeracy skills, to help them get on in life, and pursue employment opportunities in financial services.  

And we’re not alone - joining us in our efforts are Olympic champion Dame Jessica Ennis-Hill and school maths teacher and TV personality Bobby Seagull.

Activities TP ICAP will support as part of the week include:

•    TP ICAP and National Numeracy publishing a short report: The Confidence Gap: Women and Number Confidence. The report examines the extent of the number confidence gap in the UK and how this might affect women’s career prospects, as well as suggesting ways businesses can help close the gap.

•    Releasing an inspiring social media video series featuring real life stories from women working in financial services, including TP ICAP.

•    Hosting a webinar for young women aged 16-19 to hear from inspirational women working in the financial services sector about how they overcame barriers, including number confidence, to build successful careers in the sector.

•    Encouraging people to join the 300,000 others who have already started improving their numeracy with the free online tool, the National Numeracy Challenge
 
Find out more here

Founding partners image

Joanna Nader, Group Head of Strategy, TP ICAP, was listed in the FN100 Most Influential Women in European Finance 2020

Now in its 14th year, the FN100 power list is compiled by the Financial News editorial team. Based on individuals’ achievements over the last 12 months, the list highlights the females helping to shape the European financial sector. Joanna was specifically recognised for the role she has played in designing, developing and implementing our Group’s transformation and growth strategy of electronification, diversification and aggregation, which gained widespread approval from analysts when it was announced earlier this year.  

To read the full article click here

ICAP (Hong Kong), part of TP ICAP a leading provider of market infrastructure, is pleased to announce that it has brokered two landmark transactions as the market transitions from LIBOR and HIBOR based fixings to USD SOFR and HKD HONIA respectively. 

The two swap transactions involved were a one-year CNH Fixed versus HONIA and a one-year CNH Fixed versus SOFR.

Tom Lovell, Head of Global Broking for TP ICAP, Asia Pacific, said: “The significance of these two transactions underscores not only the importance of these new industry benchmarks as a replacement to “IBOR” fixings, but also the importance of Hong Kong SAR as the premier CNH centre.”
 

About TP ICAP 

TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy and commodities markets. 

Operating through our core businesses, Tullett Prebon, ICAP, PVM, Coex Partners, Tullett Prebon Information, ICAP Information Services and PVM Data Services, we create strong networks in person and through technology. We provide comprehensive analysis and insight into market conditions and long-term trends. We combine data, knowledge and intelligence into contextual insight and commercial guidance. By engaging with our clients, and providing innovative products and services, we enable our clients to transact with confidence, facilitating the flow of capital and commodities around the world, enhancing investment and contributing to economic growth.

Our values of honesty, integrity, respect and excellence underpin everything we do. 


Media Contact 
TP ICAP  
William Baldwin-Charles 
E: william.baldwin-charles@tpicap.com
T: + 44 20 7200 7124 

Proposed Acquisition of Liquidnet

The transaction accelerates the delivery of the three pillars of TP ICAP’s strategy – aggregation, electronification and diversification. It represents a transformational opportunity for TP ICAP to diversify its business mix, accelerate the upward shift of its revenue growth profile and improve underlying operating margin.

TP ICAP Group CEO Nicolas Breteau explains the strategic rationale of the transaction.


Transaction Microsite

To access documents relating to the transaction please, visit the dedicated transaction microsite here.

 

TP ICAP, a leading provider of market infrastructure, today announces the appointment of David Everson as Head of Matchbook Credit, EMEA.

TP ICAP’s Matchbook business is a post-trade risk management solution that helps clients achieve cost efficiencies. David will build on TP ICAP’s growing portfolio of optimisation products to cover Fixed Income and Emerging Markets across EMEA.

David Everson head shot

David’s experience spans traditional voice and electronic broking, where he has gained an in-depth understanding of trader workflows, changing market structure and regulation. David joins from Tradeweb where he was Head of Credit Sweep Europe; responsible for the day to day running of the European Sweep business and projects including Tradeweb’s all to all anonymous trading protocol, and a Portfolio Trading Tool for the buy-side. Prior to this David spent 10 years at GFI broking both cash and CDS.

Joining David is Rosie Wood. Rosie joins TP ICAP as Matchbook Sales and Liquidity Manager, also from Tradeweb. Rosie brings a wealth of experience in trading connectivity and electronic markets, gained from a variety of positions held at Tradeweb.

Mark Russell, Chief Commercial Officer, Credit at TP ICAP said: “David and Rosie have joined TP ICAP to drive further product development and manage the deeper technical integration with our clients in the credit space. They will grow Matchbook, our risk management solutions business, which was launched to complement our existing credit business and expand the services we offer to our clients.”

 

About TP ICAP

TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy and commodities markets.

Operating through our core businesses, Tullett Prebon, ICAP, PVM, Coex Partners, Tullett Prebon Information, ICAP Information Services and PVM Data Services, we create strong networks in person and through technology. We provide comprehensive analysis and insight into market conditions and long-term trends. We combine data, knowledge and intelligence into contextual insight and commercial guidance. By engaging with our clients, and providing innovative products and services, we enable our clients to transact with confidence, facilitating the flow of capital and commodities around the world, enhancing investment and contributing to economic growth.

Our values of honesty, integrity, respect and excellence underpin everything we do.

Media Contact

TP ICAP  
Harriet Austerberry 
E: harriet.austerberry@tpicap.com
T: +44 (0) 20 3933 3012 

We are delighted to share with you news of an award for our General Counsel, Philip Price. Philip has been named by Legal Business as General Counsel of the Year and has been listed amongst his peers in the Legal Business GC Powerlist 2020 under Leadership and Development.

The Legal Business General Counsel of the Year is the premier award among legal professionals globally, and is the award every GC wants to win. Philip was described in the write-up as the ‘standout choice for this year’s award’. 

Philip Price

This latest achievement tops a successful year for Philip and his team. The award highlights not only Philip’s expertise and leadership, but also an efficient and effective legal function.

Congratulations, Philip!