Illinois-based independent data provider Securities Quote Xchange has announced that it has selected PF2 Securities Evaluations to provide CDO evaluations for its clients. New-York based PF2 is an independent, third party source of both intrinsic and fair value evaluations for risk management, accounting and compliance needs.

SQX enables investment managers to receive difficult-to-price dealer quotes electronically through its web-based system on a daily, weekly or monthly basis. SQX says that PF2 will help it expand its existing pricing platforms to include CDOs – a move made in response to its clients’ growing need for transparency for these portfolios.