A-Team Insight Author: A-Team
Tech Mahindra Details Global Data Utility Based on Acquired UBS Platform
Tech Mahindra, a business process outsourcing specialist and parent of London-based investment management technology consultancy Citisoft, has repositioned a reference data platform acquired from UBS Global Asset Management to offer an offshore reference data utility aimed at meeting market demand for lower cost, high quality data that can reduce risk and increase efficiency. The global...
Volta Details its Plans for Great Sutton Street Data Centre in Central London
Volta Data Centres powered up its first data centre in central London in April 2013 and has since secured its first customer and an additional carrier to those already embedded in the building. And there is more to come as the company builds out the 45,000 square feet of hosting space at the Great Sutton...
Trading Firms See Merit in Social Media Strategies, But Also Risks
Trading firms see the advantages of implementing execution strategies driven by social media alerts, including Twitter and Facebook updates, and some are already doing so. But many also are wary of the risks associated with leveraging information sources that are not subject to the same quality controls as traditional news media. Those are the findings...
Datactics Launches Suite of Tools to Address Regulatory and Other Data Management Challenges
Datactics has launched a suite of data management tools aimed at helping financial institutions deal with the raft of regulatory requirements now impacting legal entity and other data types, including the new global Legal Entity Identifier (LEI). Datactics is offering a flexible solution that meets the data management needs of any size of financial institution,...
LSE Details Go-Live of Pre-LEI as Regulatory Oversight Committee Reviews Global LEI System
The London Stock Exchange (LSE) is planning to go live with the issue of pre-legal entity identifiers (pre-LEIs) called Interim Entity Identifiers (IEIs) on July 31, following its confirmation June 6 as a pre-Local Operating Unit (pre-LOU) under the sponsorship of the UK Financial Conduct Authority. The exchange detailed its plans this week during a...
Redefining VaR and Multi-Dimensional Analytics
By Georges Bory, managing director and co-founder, Quartet FS New regulations, such as Basel III, are changing the banking landscape and putting additional pressures on banks. These include more stringent requirements for risk modelling and ratios so they are better equipped to respond to changing market conditions. This puts measures of market risk, particularly Value...
Terracotta Blends Low Latency and Big Data
Software AG’s Terracotta unit has introduced its Universal Messaging product, a middleware platform spanning enterprise to web to mobile connectivity, providing low latency performance and big data transport as appropriate – and aligning with the emerging ‘big data in motion’ paradigm. “Big, fast data at your fingertips requires seamless real-time data movement, no matter what type...
Markit Combines Products to Deliver Integrated Resource Management
Markit has brought together three existing products to deliver Integrated Resource Management, a front-office analytics application designed to help financial institutions calculate the costs of funding and capital resources required for OTC derivatives trades. The solution adds to the company’s Markit Analytics platform, which is based on the Quic risk analytics software acquired by the...
Talking Reference Data with Andrew Delaney: No Migration Tsunami Expected from Newly Extended RICs
The great thing about writing a weekly blog is that one post inevitably begets another. Last week, I speculated on how Markit might be poised to capitalise in certain changes currently under way within our marketplace. No sooner had I hit the ‘publish’ button than I was inundated with emails and texts drawing my attention...
OpenGamma Tackles Market Structure Change and Regulation with Platform 2.0 Risk Management
OpenGamma has responded to changes in OTC derivatives market structure and rising regulatory demand for advanced risk management with a second version of its open source analytics and risk management platform, OpenGamma Platform 2.0. The platform is available today and builds on the first version of the software that was released in April 2012. It...