Skylight finds an opening in consensus pricing
Service provider claims key factors differentiate its own offer from the market leader’s
For more than a quarter of a century, S&P Global’s Totem service has been the mainstay for dealers looking to ensure that their portfolios, and particularly their illiquid trades, are priced correctly. This is achieved by dealers submitting estimates of theoretical trades to the independent price validation service, which aggregates the estimates into a consensus figure.
However, Skylight, founded in 2016, has been challenging that monopoly.
“We set up Skylight because people always want
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