TP ICAP Group, the world’s largest inter-dealer broker, selected Moorgate Benchmarks as independent administrator of its TP ICAP interest rate swap (IRS) benchmarks.
A first of its kind, this partnership enabled TP ICAP to continue offering its innovative benchmarks to customers, secure in the knowledge they meet the highest standards of governance and are independently administered in full compliance with EU and UK benchmarks regulation.
Moorgate Benchmarks was selected as independent administrator because of our next-generation approach to benchmarking, and our deep expertise and track record in ensuring the highest levels of compliance and governance in benchmark administration.

NOTICE REGARDING CHANGE OF ADMINISTRATOR
ICAP Information Services Limited trading as Parameta Solutions (“Parameta Solutions”), the Data & Analytics division of the TP ICAP Group, will from the 16th May 2022 administer the nine TP ICAP benchmarks previously administered by Moorgate Benchmarks Ltd, who were appointed as TP ICAP’s benchmark administrator in 2020. Thereafter all administrative responsibilities for the benchmarks will lie with Parameta Solutions . The move is part of Parameta Solutions’ strategy to expand its strategic, data-driven insights for clients across additional markets, highlighting a specific focus on the benchmarks & indices sector.
Benchmark users or stakeholders with questions should contact governance@moorgatebenchmarks.com or findoutmore@parametasolutions.com.