Triangle Park Capital Markets Data (TPCMD) was formed in 2010. The company’s primary business objective is to provide market based pricing, credit, and reference information to support client’s front, mid and back office surveillance, monitoring and OTC price verification activities.
This is a market niche that is expanding rapidly within the financial information services sector.
Recent Regulatory focus related to valuation practices (especially for securities which transact in the over the counter market), has introduced a degree of uncertainty as to the determination of the value of OTC assets in pre-trade price discovery, as well as in post trade and downstream financial reporting processes. Auditors and regulators are focused on operating practices that support best execution, mark to market and financial statement reporting.
Triangle Park seeks to assist firms enhance those operational practices.