Stamdata & Millistream forms a new strategic data distribution partnership
Stamdata and Millistream have formed a new Nordic partnership to enhance both companies end customers’ options for sourcing consolidated market data and information for cross asset portfolios.
With the aim to provide banks, asset managers, issuers and others with high quality market data and digital financial products, our companies have agreed to enter into a collaboration to make it possible for end customers to receive the best possible setup and combined service offering meeting their individual requirements.
Our focus is on local presence, attractive pricing, exceptional local customer support, expertise and customer driven product development, something we know customers in the region appreciate.
The partnership will make it possible for customers of Millistream to receive Stamdata’s reference data services through a consolidated Millistream feed or API delivery, enhancing Millistream’s Nordic fixed income market data portfolio coverage.
Stamdata will through the partnership be able to meet customers demand for cross asset market data to a greater extent, combing equity, fx and other cross asset market data available from Millistream with Stamdata’s market leading Nordic fixed income market data to form a complete top quality end solution.
”Stamdata is an expert on market data for Nordic bonds with a large customer portfolio, to the most extent located in Norway because of historical reasons. Millistream is a cross asset class market data provider with Sweden as their primary market, hence we see high potential in joining forces to be able to offer our customers services they currently take from other providers, which not seldom traps them in a situation where they need to make multiple integrations with higher than necessary associated costs.
It has been important to us, Millistream shares the same core values as Stamdata, putting their main focus and emphasis on the customer, service quality and being a local provider with local support model.”
Aleksander Nervik, CEO Stamdata AS
”Millistream has a strong market position through our many digital products, distribution channels and technical expertise, equipped with many years of experience in the technicalities involved in distributing market data to customers.
We are primarily a Nordic provider with best of breed infrastructure capabilities. Nordic fixed income market data is a complex space which many of our customers find challenging. Through partnering with Stamdata we look forward to being able to offer customers more and better solutions, adding on coverage for data which we have not been able to provide customers in the past”
Per Rasin, CEO Millistream
For more information about the new partnership, please contact one of Stamdata’s and Millistream’s sales representatives
Patric Björk Andersson
Head of Business Development & Sales, Sweden
+46 702 00 20 84
Market and data services, Norway
+47 95 27 14 95
Head of Sales & Customer Relations
+46 76 546 6366