As per the deal, Tullett Prebon will supply financial data to Dion that include foreign exchange, money market, interest rate, non-deliverable forwards, FX options, and bonds for multiple currencies.
The data will be made available to Dion’s clients through dfferentia, a hosted web application for pricing and risk management of multi-asset class OTC derivatives.
Tullett Prebon Information CEO Frank Desmond said that the move is the latest in a series of strategic developments by the company as it expands its presence globally.
"We are already active in around 40 countries and continue to address further key geographic markets," Desmond said.
Dion head of financial analytics Kershasp Carnac said, "This is an important partnership for Dion as it enhances the market data offering of our innovative OTC pricing and risk management application – dfferentia."
