TP ICAP Group plc (“TP ICAP”), a diversified global markets infrastructure and data solutions provider, today announced that it has launched the brand Parameta Solutions.

Parameta Solutions is the new identity of TP ICAP’s data and analytics and post-trade offerings.  The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices and pre and post-trade analytics.  Its 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, CEO of TP ICAP Group, said: “The Parameta Solutions business is an engine of sustainable growth and diversification for our Group.  Its strategy is to develop new products, provide new methods of distribution and grow its client base by expanding its presence with the buy side.

“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, CEO 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.”

Parameta Solutions is the flagship brand of TP ICAP’s Data & Analytics division, which in 2020 posted a 9% increase in revenues (in constant currency) at £145m.  Other brands within the division include Tullett Prebon Information, PVM Data Services, ICAP Information, Liquidnet Investment Analytics and Burton-Taylor Consulting.

Visit the Parameta Solutions website here.

About TP ICAP

TP ICAP Group plc is a diversified global markets infrastructure and data solutions provider.  The Group operates a portfolio of separate and competing brands to deliver intermediary services, contextual insights and intelligence, trade execution, pre- and post-trade services, and data-led solutions. We are formed of four business divisions:

• Global Broking: the largest Interdealer Broker in the world operating under the ICAP, Tullett Prebon and Louis Capital brands servicing clients in Rates, FX, Credit and Equities. We match buyers and sellers, facilitate price discovery, liquidity, execution and risk management.
• Energy & Commodities: the world’s leading OTC energy and commodities broker operating under the ICAP, PVM and Tullett Prebon brands. Active in all major commodities markets including oil, gas, power, renewables, ferrous metals, base metals, precious metals and soft commodities. 
• Agency Execution: serving the buy side operating under the Liquidnet and COEX Partners brands. We provide trading services for a broad range of asset classes, serving a sophisticated client base of asset managers, asset owners and hedge funds.
• Data & Analytics: the world’s leading OTC data provider operating under the Parameta Solutions brand offering unbiased data products and solutions that facilitate trading, enhance transparency, reduce risk and improve operational efficiency, complemented by a broad range of post trade solutions. 

Media Contact
TP ICAP
William Baldwin-Charles
E: William.Baldwin-Charles@tpicap.com

TP ICAP Group, a leading provider of market infrastructure, today announces that its Data & Analytics division has hired Andrew Cockburn as its Regional Sales Manager for Japan.

Andrew will specialise in adding value to clients in Japan through the rollout of new and existing solutions, helping clients to solve the complex challenges that arise when operating in today’s financial, energy and commodity markets. He will support TP ICAP’s Data & Analytics deep involvement in the market’s migration to the new Risk Free Rates and assist clients further by providing better analytical solutions, clearer trade transparency to enhance prudent valuations and liquidity risk management; as well as sharing new insights via cross-asset trade analytics.

Andrew has a detailed understanding of the Data & Analytics industry in Japan, having been based in the country for the last 14 years. He joins from Informa Maritime Intelligence’s Japanese sales team where he spent two and a half years supporting banks, insurance and shipping companies in updating their compliance and due diligence systems to meet the stringent standards expected by international trade and sanctioning bodies. Prior to this, Andrew spent 8 years at Thomson Reuters, now Refinitiv, where he established a track record in leading successful product migrations, system upgrade projects and commercial rollouts with a variety of clients.

Jonathan Cooper, Global Head of Sales, TP ICAP Data & Analytics ‘I am delighted to welcome Andrew to TP ICAP’s Data & Analytics division, his appointment builds on the core strengths and technical skills of our regional leadership team. Japan is the third largest economy in the world and Andrew’s industry expertise, coupled with in-depth regional knowledge means that we can continue to excel as a key operator in Japan. Andrew’s appointment is also an important component of TP ICAP Data & Analytics strategy to diversify and broaden its client base in Japan and the region as a whole.’

Andrew Cockburn as Regional Sales Manager for Japan, TP ICAP Data & Analytics: ‘I’m excited to join TP ICAP at an inflection point for the company as we transition to providing more value-added data solutions to support clients’ decision making and risk management. I hope to continue building on the important relationships with our clients in the largest market for us in APAC, and be a contributing factor in navigating the challenges of implementing new reporting and benchmarking requirements. TP ICAP has the history and scale of a long established financial services provider, but the agility and innovative mindset of a start-up, and I look forward to contributing to the future growth of the company.‘

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 brands, Tullett Prebon, ICAP, PVM, Coex Partners, Louis Capital 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

Electronic trading solution rolled out across High Yield and Emerging Markets with plans to launch into Investment Grade in Q1 2021.

TP ICAP, a leading provider of market infrastructure, has launched Matchbook Rebalance, an electronic trading solution that reduces residual risks in fixed income portfolios, in the US market. Rebalance is a pure-electronic solution, available across High Yield and Emerging Markets, with plans to also launch in Investment Grade products within Q1 2021. 

Matchbook Rebalance uses TP ICAP’s proprietary algorithmic trading technology, which allows clients to upload their entire portfolios onto the platform and manage their participation and results based on a choice of parameters and controls.

This new solution replaces the FUSION Scrapbook platform which was launched in 2018 by Oksana Cole, Head of US Matchbook Credit Sales, and her team. New and existing clients will now benefit from the Rebalance platform, which successfully launched across TP ICAP’s EMEA operations at the end of last year.

Fausto Serrano, Head of eCredit and Matchbook Rebalance Americas, said: “Our network of corporate bond and emerging market traders is one of the largest in the US, and through Matchbook Rebalance we’re able to offer a high quality risk mitigation solution. Our business is focused on electronification and, through innovative platforms such as this, we’re able to make trading easier and more effective for our clients.”

Matchbook Rebalance is operated as a regulated, pure electronic post trade solution.

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 brands, Tullett Prebon, ICAP, PVM, Coex Partners, Lois Capital 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
Laura Whybrow, Communications Manager
E: Laura.Whybrow@tpicap.com