London, 30th October - CCData, the FCA-authorised benchmark administrator and global leader in digital asset data, has announced a strategic partnership with Parfin, the leading web3 infrastructure provider in Latin America, to address the increasing demand for dependable digital asset data in the region.
Through this collaboration, CCData will introduce its leading digital asset data solutions, including its highly market representative CCCAGG Benchmark Index, to the LATAM market.
CCCAGG is CCData’s proprietary index calculation methodology for digital assets, based on 24-hour volume-weighted average calculation, time-penalty factor and outlier methodology. CCCAGG aggregates the data from more than 250 exchanges to provide market participants with the true market price of traded digital assets.
By adopting CCData's renowned CCCAGG pricing, Parfin equips its users with a market-leading solution for discerning the true market price of digital asset pairs. This aids traders and investors allowing them to consistently and reliably value their portfolios. CCCAGG's method of filtering out anomalous trades further ensures Parfin users can access the most reliable pricing data.
Via Parfin, financial institutions that will benefit from this partnership will be able to utilize CCData’s CCCAGG Index exclusively for display purposes, providing its users with benchmark pricing for a selection of leading digital assets.
Charles Hayer, CEO and Co-Founder of CCData, stated, "Our partnership with Parfin aligns with CCData's mission to meet the growing demand for dependable digital asset data in the LATAM region. By integrating our CCCAGG Benchmark Index, derived from data across over 250 exchanges, into Parfin's offerings, we're ensuring that traders and investors in the region have access to a trusted and reliable source for accurate digital asset data.”
“CCData is another world-class partner that enhances Parfin's institutional solution and ensures that our clients have accurate and robust data for digital assets. Both companies share a long term vision of providing institutions around the world with the tools they need to operate digital asset markets with equivalent standards to traditional finance”, says Cristian Bohn, CSO and co-founder of Parfin
CCData is an FCA-authorised benchmark administrator and global leader in digital asset data, providing institutional-grade digital asset data and settlement indices. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CCData provides a comprehensive and granular overview of the market across trade, derivatives, order book, historical, social and blockchain data. Learn more: https://ccdata.io
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