Tradeweb partners with Amazon Web Services to enhance data access
Tradeweb Markets Inc (NASDAQ:TW), a global operator of electronic marketplaces for rates, credit, equities and money markets, today announced a collaboration with Amazon Web Services (AWS) to broaden access to its U.S. Treasury and U.K. Gilt closing price data through AWS Data Exchange.
Tradeweb ICE U.S. Treasury Closing Prices and Tradeweb FTSE U.K. Gilt Closing Prices can now be accessed directly via AWS Data Exchange, either as a monthly subscription to daily publication data or as historical data sets. This direct distribution option gives users greater flexibility, and the integration of digital payment methods allows for easier, direct access to the data.
The offering comes at a time when market participants are increasingly looking for more personalized and efficient digital solutions, including pay-as-you-go access to data, in response to current virtual and hybrid market environments. In every asset class, Tradeweb data and analytics help market participants make more informed decisions with precise, reliable pricing data for modeling, research and analysis.
The Tradeweb ICE U.S. Treasury Closing Prices and Tradeweb FTSE U.K. Gilt Closing Prices are daily reference prices designed to reflect the mid-price for Treasury and Gilts securities around the market close. The Closing Prices are administered by a regulated benchmark administrator in compliance with the IOSCO Principles for Financial Benchmarks, and are calculated pursuant to a fixed, transparent and auditable methodology.
The direct distribution channel made available in collaboration with AWS helps to break down the barriers associated with the traditional method of data retrieval from beginning to end. By providing easy-to-access solutions designed to reach a wide variety of databases through a growing global dynamic marketplace, market participants will now have an easier way to access Tradeweb data through the cloud, and will have more flexibility in their options by choosing the exact data sets they want to see.