In early 2008, NYSE Euronext launched its valuation business as Prime Source (NYSE Euronext) Limited, an independent, transparent portfolio valuation service. Prime Source offers a complete range of valuation services using an innovative and flexible web-based infrastructure which benefits from the technological expertise of NYSE Euronext.

Designed for portfolio managers, fund administrators or anyone needing independent financial assets pricing, Prime Source gives access to multiple sources of prices.

• Market prices for instruments quoted on one of the many platforms managed by NYSE Euronext.

• Contributed prices provided by major market makers and rating agencies.

• Modeled valuations and associated risks measures obtained through advanced financial analytics and quantitative models to meet OTC valuation needs.

Prime Source handles the following key features…

• An independent valuation offer: neither Prime Source nor its parent company is involved in any kind of transaction that can affect the quality of the valuations.

• A wide range of products and asset classes covered, from equities and bonds to more complex instruments such as structured products or collateralized debt obligation.

• A single web-based infrastructure to choose among various sources.

• Efficient and secure financial products pricing processes, based on a robust infrastructure.

• Prices, financial analytics, values, curves, algorithms and formulas used to calculate valuations are auditable.

• From bespoke one-offs to regular valuations on a daily or monthly basis of full portfolios of diverse instruments.

• Prime Source secures operational valuation processes by offering a service that meets accounting, compliance and regulatory constraints as well as the industry's recommendations and best practices

And also…

• A direct secure and private contact with the contributor chosen through the ECHO platform.

• A dedicated UK-based Client Support Experts team who manages and analyses all post valuation queries.

• Partnerships with renowned academics to develop new models to address valuation challenges of the financial markets.