IVP Price MasterAutomate Pricing, Governance and Independent Verification for Marketable Assets
Drive efficiency and accuracy with a specialized solution for listed, OTC, and structured instruments
IVP Price Master delivers unified pricing governance for public, OTC, and broadly syndicated instruments for global buy-side portfolios, all on a single platform. Driven by a single, powerful calculation engine, the solution standardizes market data ingestion, applies configurable pricing policies and waterfall rules to determine the best available price for each position, routes exceptions to designated reviewers, and preserves the original pricing source from vendor, broker, or valuation agent, through verification and approval.
Fact Sheet
Pricing and Valuation Automation Solution Fact Sheet
Brochure
Pricing and Valuation Automation Solution Brochure
Fact Sheet
IVP Fair Value 360
Pricing Governance Across Listed, OTC, and Syndicated Portfolios
Listed Equities and Exchange-Traded Assets
Automated end-of-day and intra-day pricing for global equities, exchange-traded funds (ETFs), listed options, and futures contracts.
OTC Fixed Income and Derivatives
Matrix pricing and broker driven valuation for corporate bonds, municipal debt, interest rate swaps, credit default swaps, and FX forwards along with yield curves.
Structured Products
Price aggregation, and waterfall evaluation for asset-backed securities (ABS), mortgage-backed securities (MBS), and collateralized loan obligations (CLOs).
Broadly Syndicated and Liquid Bank Loans
Dealer mark collection, vendor quote normalization, and bid-ask spread evaluation for liquid bank loans.
Core Capabilities
Comprehensive Pricing Governance
Streamline the end-to-end pricing process for efficient and accurate results.
Multi-Tiered Waterfall Pricing Rules
Automatically select the best available price per position based on pricing policy, enforcing strict compliance controls while eliminating the need for manual data aggregation.
- Define hierarchical waterfall logic based on asset class, region, fund structure and strategy level pricing policy
- Evaluate primary market data feeds, secondary consensus prices, dealer quotes, and internal valuation models per security
- Identify and flag outliers, stale prices, and tolerance breaches, and route them to reviewers
Vendor, Broker, and Desk Price Comparison
Evaluate pricing discrepancies instantly without navigating vendor portals.
- Ingest vendor feeds, broker quotes, and dealer marks to a unified comparison grid
- Track variance in real time across sources, bid-ask spreads, and historical price movement
- Retain underlying source data, snapshot timestamp, and override history for every price
Price Challenge and Solicitation
Resolve pricing disputes quickly while preserving a complete audit record of broker interactions.
- Initiate formal pricing challenges with vendors, brokers, and pricing agents directly
- Track challenge status, resolution responses, and revised marks in an auditable workflow
- Alert valuation teams automatically when vendor adjustments fail to meet policy standards
Curve Data Management and Independent Price Verification
Equip compliance officers with a defensible record supporting SEC Rule 2a-5 scrutiny for every priced instrument.
- Maintain benchmark yield curves, discount factors, and credit spread matrices within the IVP Semantic Layer
- Produce independent price verification (IPV) documentation for internal audit and regulatory reviews
- Store exact market conditions at the time each mark was established with bi-temporal tracking
Multi-Tiered Waterfall Pricing Rules
Vendor, Broker, and Desk Price Comparison
Price Challenge and Solicitation
Curve Data Management and Independent Price Verification
Automatically select the best available price per position based on pricing policy, enforcing strict compliance controls while eliminating the need for manual data aggregation.
- Define hierarchical waterfall logic based on asset class, region, fund structure and strategy level pricing policy
- Evaluate primary market data feeds, secondary consensus prices, dealer quotes, and internal valuation models per security
- Identify and flag outliers, stale prices, and tolerance breaches, and route them to reviewers
Accelerate Productivity with AI
Reduce the need for manual work with AI capabilities designed to support accurate pricing.
Analyzes the quality of prices as and when received from multiple brokers and vendors, identifies anomalies & outliers by cross-vendor and peer-set analysis, provides confidence level, initiates challenges – brings efficiency & accuracy
Reviews and cleanses pricing files provided by brokers, internal desks for any formatting issues and manual errors, ensuring the data pipeline continues to operate seamlessly
Enables natural language querying for pricing trends, challenge history, portfolio monitoring metrics, and valuation analytics.
Analyzes the quality of prices as and when received from multiple brokers and vendors, identifies anomalies & outliers by cross-vendor and peer-set analysis, provides confidence level, initiates challenges – brings efficiency & accuracy
Reviews and cleanses pricing files provided by brokers, internal desks for any formatting issues and manual errors, ensuring the data pipeline continues to operate seamlessly
Enables natural language querying for pricing trends, challenge history, portfolio monitoring metrics, and valuation analytics.
Fully Governed Pricing Cycle
Establish an efficient, repeatable pipeline from data collection to approved mark publication.
Multi-Source Data Collection
Market feeds, broker quotes, pricing vendor files, and curve inputs are ingested automatically through 100+ pre-built adapters.
IVP Pricing and Valuation Solution
Full-Spectrum Pricing and Valuation for L1, L2, and L3 Assets
IVP Price Master is part of a larger offering that combines data engines for liquid and illiquid assets, managed services, and consulting. All four offerings share a common data foundation powered by the IVP Semantic Layer, anchored to a single golden record. The IVP Pricing and Valuation Solution includes:
Pricing and governance for listed, OTC, and structured instruments
End-to-end fair value management with continuous valuation, monitoring, governance, and audit trails for the private assets
Independent review of valuation workflows, assessing maturity and advising on target operating models for scalable and automated valuation processes
Operational execution of the end-to-end valuation lifecycle managed by IVP specialists
