LONDON and SHANGHAI, April 9, 2008 /Xinhua-PRNewswire/ -- Tullett Prebon Information, the leading global provider of financial market data, and Shanghai Wind Information Co. ("Wind Info"), China's recognised premier integrated service providers of financial data and software, announced a multi-year agreement for the supply of interest rate, fixed income and money and fx data to the Chinese market.
Tullett Prebon Information will supply a range of global fx data in addition to US Dollar and Chinese Renminbi denominated cross asset class data to Wind Info. This high-quality, independent OTC information will be made available to Wind Info's domestic Chinese client base via its WIND Financial Terminal WFT.
Wind's customers are mainly financial institutions such as fund management firms, investment banks, QFII institutions, insurance companies and securities firms etc. With 1200 institutional clients and more than 25,000 terminals, Wind is the recognised market leader in China's financial information industry.
Tullett Prebon Information works with financial institutions and service providers including the major global and domestic data vendors for the provision of independent OTC fixed income and derivative pricing. This distribution agreement with Wind Info highlights Tullett Prebon Information's on-going commitment to the Asia-Pacific financial markets and is the latest in a series of similar agreements concluded in India, Korea, Japan and Indonesia. Tullett Prebon Information is the data subsidiary of Tullett Prebon PLC, the first foreign-owned inter-dealer broker to secure a license to trade in China in October 2005.
Frank Desmond, Head of Europe and Asia at Tullett Prebon Information, said: "We are very pleased to be working with Wind Info and assisting them in providing high quality, independent financial information to a sophisticated institutional customer base. The Chinese market continues to be a major focus for Tullett Prebon's information business and is a market in which we will continue to invest."
Mr. Roy Wang, CEO of Wind Information (Hong Kong) Co., Ltd, said: "We are delighted that Wind and Tullett Prebon Information have set up this business collaboration to target the growing Chinese financial information service industry. We are confident that Tullett Prebon Information will benefit from its cooperation with Wind and our proactive approach. Wind is becoming an important partner to global leading market players, enabling them to service their clients in China efficiently. For Wind, the collaboration with Tullett Prebon Information is an important step as it progresses its service strategy on a variety of premium products."
Notes to Editors
About Tullett Prebon Information (http://www.TPInformation.com )
Tullett Prebon Information Limited is the leading provider of real-time price information from the wholesale inter-dealer brokered financial markets. Tullett Prebon Information is a wholly owned subsidiary of Tullett Prebon PLC, a fully diversified inter-dealer broker with a leading presence in global Fixed Income Securities, Money Markets, Capital Markets, Equities and associated derivative products.
Tullett Prebon Information's data is delivered via industry leading information vendors and also via direct feeds to some of the world's largest financial institutions. The information is relied upon by thousands of market professionals around the globe moving billions of dollars of assets daily for the purposes of trading, derivatives and FX pricing, risk management and portfolio valuations.
About Wind ( http://www.wind.com.cn/en/home.htm )
As the leading financial data and financial software provider in China, Wind Info is committed to providing its customers with integrated financial data, application system and first-class after-sale service.
Among its clients, 90% are domestic fund management firms, insurance companies and securities firms etc. as well as more than 80% of China's QFII institutions. A lot of Chinese and English media, research reports, and academic essays often quote the data from Wind.
For further press information, please contact:
Tullett Prebon Information
Kate Ruck Keene
Tel: +44-207-153-1530
Emial: Kate@mcomgroup.com
Shanghai Wind Information Co., Ltd.
Ning Wang
Tel: +86-21-6888-2280
Email: nwang@wind.com.cn
