June 6, 2025 – Toronto – CanDeal Data & Analytics (CanDeal DNA) announces its win as the Best Evaluated Pricing Service Provider/Vendor in the WatersTechnology Inside Market Data & Inside Reference Data 2025 Awards. This year-over-year repeated industry win continues CanDeal’s track record for its Reference Pricing Service, which has also won as Waters’ Best Buy-Side Evaluated Pricing Service for the past two years. Since 2004, the Inside Market Data & Inside Reference Data Awards have recognized initiatives, innovation, technology and services across the market and reference data domains.

CanDeal DNA, a division of CanDeal Group, produces data products and solutions that provide a high-resolution view into a traditionally opaque and thinly traded market that experiences increased interest and investment in times of increased market volatility. Developed in collaboration with Canada’s leading banks and dealers, CanDeal DNA’s pricing, security master, trade data and analytics products provide insight and tools that increase global confidence in the Canadian marketplace.

“CanDeal DNA provides global market participants with unique insight into the Canadian capital markets to attract more advanced investor insights, minimize risk and optimize trading models.” said Andre Craig, President, CanDeal DNA. “Our model for market structure evolution is changing the way that firms are engaging in, and disseminating, OTC data sets to manage risk and gain access with a seamless suite of solutions for the Canadian fixed income markets.”

CanDeal DNA’s Reference Pricing Service has expanded in the past year with the hourly updates and the implementation of T+1. Key launches have included CanDeal DNA Trademarks with T+0 trades, VWAP and liquidity metrics, and a new Eligible Collateral Product using the Bank of Canada Standing Liquidity Facility (BOC SLF). November 2024 saw the release of Consensus OIS & Swap Rates, providing a high-resolution view of short- and long-term interest rates for the fixed leg of a swap. 

“CanDeal DNA is delivering products and services that enhance global confidence in the Canadian capital markets,” said Karl Wildi, Managing Director and Vice-Chair at CIBC World Markets Inc.  “Global market participants now have consistent insight into volatility and trade activity for Canadian fixed income and consensus OIS and swap rates suitable for use within their enterprise ecosystem.”