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TraditionDATA Releases New Scandinavian Data Package

TraditionDATA Releases New Scandinavian Data Package

TraditionDATA, the data and information services division of Compagnie Financière Tradition (Tradition), has released a comprehensive Scandinavian data package in response to growing demand for Tradition’s best-in-class pricing data in the region.

The full suite of Scandinavian data, which includes data on foreign exchange (FX), interest rate derivatives (IRD) and inflation, is based on a combination of prices originated from trading by Tradition’s market leading brokerage desks and its expert analytics. The data is available directly from TraditionDATA as well as on Refinitiv under the firm’s regional market data packages.

The release of the Scandinavian data package aligns with TraditionDATA’s mission to offer smaller, granular packages based on currency, region or product which enables clients to only pay for what they actually need. This is in direct contrast to many of its competitors which only offer larger European packages which are expensive and take time to unbundle to turn into actionable business insights.

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The Scandinavian data package enables customers to analyse:

  • FX – spots, crosses, deliverable forwards, IMM and quarterly turns across DKK, NOK and SEK
  • IRD – basis, cross-currency, IRS, OIS, FRA
  • Inflation – inflation CPI data

In addition to providing customers with advanced data and expertise in the Scandinavian region, TraditionDATA also enables real-time streaming, intra-day snaps, access to historical data and full integration with existing workflows.

James Watson, Global Head of Sales at TraditionDATA, commented: “At TraditionDATA, we understand that no two businesses are alike which is why we work with our customers to create packages tailored to their individual needs. We believe that regional markets will continue to require specific sets of data localised to their main areas of business activities and this approach has already seen a significant amount of success with our Japanese Nihon and Israeli Shekel packages. We’re looking forward to continuing to add new instruments to the Scandi package and expanding regional market data offerings in the coming months.”