Alveo’s Independent Price Verification (IPV) solution offers a comprehensive and effective solution and a structured approach to securing high quality market data and validated price information.
Independent price verification refers to a process to assess valuations independently from the front office, i.e. traders or portfolio managers. This includes comparing front office prices to externally sourced prices, investigating anomalies and tracking data lineage. It typically includes using a vendor, exchange or market maker source hierarchy and business rules to flag implausible movements or other anomalies.