The new launches follow pervasive demand for high-integrity benchmarks in OTC market.
Parameta Solutions, part of London-based TP Icap Group, has launched EUR and USD Swap Rate fixing indices. Built on data from ICAP’s interest rate desks, the indices will represent the mid-rate of interest rate swaps across multiple tenors. Parameta Solutions is a financial technology firm under the data and analytics division of TP Icap Group The company has licensed these indices to Société Générale for using them in structured products issuance specifica