CanDeal Data & Analytics Acquires CIBC Fixed Income Data Business
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TORONTO, March 9, 2021 /PRNewswire/ CanDeal Data and Analytics (CanDeal DNA), a leading provider of Canadian financial markets OTC data and information services, has acquired Canadian Imperial Bank of Commerce (CIBC) s fixed income data business. In addition to enhancing the scope of bond data provided to DNA, CIBC s fixed income clients will become CanDeal DNA clients.
The acquisition will provide CanDeal DNA clients with a more expansive pool of fixed income data, while transitioning existing CIBC s fixed income clients to a multi-dealer suite of bond pricing and liquidity analytics. Clients will benefit from more comprehensive data sets and more informed price reporting for various closing price, benchmarking and market risk purposes.