ICE and S&P Global Platts Expand Strategic Relationship In Global Oil Markets
ICE Connect offers market participants advanced charting, analytics, news and messaging capabilities and provides access to global real-time exchange and market-moving fundamental data. Through the integration of select Platts oil analytics content, ICE Data Services will provide customers with access to a global refinery database, showing a forward-looking view of refinery capacity, as well as oil storage and vessel tracking amongst other services. These content sets will be integrated into the ICE Connect platform, which already includes ICE’s messaging, proprietary data, execution capabilities and third party content, offering global oil market participants a more efficient way to spot opportunities and manage risk.
“Adding transparency to markets through the use of unique data sets and efficient technology remains a core mission of ICE. As adoption of our ICE Connect platform continues to grow, we’re pleased to offer our customers powerful new tools in the global oil markets, including Platts’ leading analytics, through an efficient delivery mechanism,” said
“This new project with ICE continues to demonstrate S&P Global Platts’ focus on developing better customer-centric digital experiences. By offering both access to Platts’ leading price assessments and our Analytics in refinery, oil storage and ship tracking, we are opening up the opportunity for oil market participants to inform their decision making process in the same environment that many of our clients currently use, better aligning to their workflows,” added
ICE Data Services offers a broad range of data solutions including award-winning pricing and analytics, indices and exchange data via secure, flexible connections. These services help customers address their investing, trading, compliance and risk management requirements across a broad range of asset classes.
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About S&P Global Platts
At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We’re the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil, gas, LNG, power, petrochemicals, metals, agriculture and shipping.
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