Prytania Investments Appoints CMA DataVision
Jul Thu 16 2009 at 9.05 am
CMA, the credit information specialist, today announced that Prytania Investment Advisors (PIA), a London-based asset manager and risk advisory firm, has appointed CMA to provide independent pricing, risk metrics and group curves via DataVision for single-name CDS and indices.
Mark Hale, Chief Investment Officer at PIA, said
We looked at a number of pricing vendors to support activities in our risk advisory practise, but we were particularly impressed with the accuracy of CMA’s data and the additional risk metrics they provide. Working with DataVision gives us the transparency we need to effectively analyse trends and identify risks in the credit markets.”
CMA DataVision is a high quality, same day, consensus based price verification data service for CDS, Indices and Tranches, used primarily for mark-to-market, flash P&L, research and analytics. It is sourced from over 30 buy-side firms including leading Hedge Funds, Asset Managers and the buy-side desks of global Investment Banks.
Laurent Paulhac, CMA’s CEO, commented
Interest in DataVision’s unique buy-side pricing methodology focused on objectivity, independence and accuracy remains high as it gives investors and risk departments a reliable and transparent source for price verification for CDS Prytania is one of many firms who turned to CMA to enhance their risk management processes and we are delighted that they have endorsed DataVision from the various options available in the marketplace.
About Prytania Investment Advisors
Prytania Investment Advisors is a London based structured finance and credit specialist, with a particular expertise in structured credit. Prytania provides both asset management and risk advisory services to institutional clients in Europe and the Middle East.For further information please visit http://www.prytaniagroup.com