FactSet and CCData Collaborate to Enhance Digital Asset Data Services
FactSet, is a global financial digital platform and enterprise solutions provider listed on both the NYSE and NASDAQ. CCData is an FCA-authorised benchmark administrator and global leader in digital asset data, providing institutional-grade digital asset data and settlement indices.
On 7 September 2023, the two firms issued a press release about their new strategic partnership, which aims to “advance their digital financial offerings, addressing the growing demand for high-quality digital asset data in the financial sector.”
FactSet serves over 7,500 global clients, including more than 185,000 individual users, offering financial data, analytics, and open technology. CCData, on the other hand, is a leader in providing institutional-grade digital asset data, covering trade, derivatives, order book, historical, social, and blockchain data.
The partnership allows users of FactSet’s platform to access CCData’s extensive digital asset data suite. This includes trade, derivative, and order book data from hundreds of exchanges and over 300,000 currency pairs. The integration utilizes CCData’s proprietary aggregate pricing methodology, ensuring traders receive accurate and reliable digital asset prices.
Alissa Ostrove, Chief of Staff at CCData, highlighted the necessity of precise data in the emerging digital asset markets:
“It’s crucial that market participants have access to accurate and reliable data as they navigate the emerging digital asset markets. Our integration with FactSet’s leading analytics platform will allow a broader user base to seamlessly access CCData’s institutional-grade digital asset data and insights.“
Michael Bauch, Content Manager for Global Market Data at FactSet, also expressed his enthusiasm for the collaboration:
“We are delighted to have CCData on board to offer our clients a broader, detailed range of digital asset data in a promising financial sector of crypto assets.“
CCData also released today its latest monthly Exchange Review report (covering everything that happened in the crypto exchange space in August 2023). The report includes analyses related to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
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