FactEntry to Provide Global Fixed Income & Credit Data to Morningstar
London: FactEntry (UK) Ltd, a privately held entity, has entered into a strategic distribution relationship with Morningstar, Inc., an independent investment research provider, to offer global Fixed Income and Credit content for use across Morningstar’s data delivery platforms.
FactEntry has developed an extensive proprietary dataset of bond reference data, evaluated pricing and corporate actions; offering data solutions to a variety of partners and direct customers. Over the last 10 years FactEntry’s leadership team has an extensive track record delivering high quality data and analytics that support the highly fragmented fixed income ecosystem. FactEntry delivers time-sensitive fixed income pricing and reference data, as well as proprietary calculations (FIVE) fuelled by critical inputs from global banks, hedge funds and market participants.
“Morningstar’s deep experience in the financial markets will enable FactEntry to reach more Asset and Fund managers and reduce the cost of the burden of regulatory reporting” says Sandeep Dhingra, CEO of FactEntry. “FactEntry data represents a fantastic opportunity to source much needed premium reconciliation, reporting and validation data for bond markets. As investment and trading firms continue to come to terms with increased operational costs; FactEntry is filling a gap and offering transparent value and scale”.
Connor Sloman, Head of Product Management EMEA at Morningstar, said, “Morningstar’s mission is to empower investor success, and we are committed to ensuring investors’ global data expectations are met. FactEntry’s data on global Fixed Income securities alongside Morningstar’s extensive global data sets will address the investor’s need for bond reference data.”
FactEntry is a privately held entity based in London with the specialisation of researching, collating and calculating Fixed Income and Credit reference data, pricing and corporate actions for the global markets. Clients include data vendors, software platforms, trading platforms, buyside clients, and fund administrators.
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