A-Team Insight Author: A-Team
Numerix Embeds ActivePivot In-Memory Analytics to Extend CrossAsset Server Capability
Numerix has embedded Quartet FS’s ActivePivot in-memory analytics technology into its CrossAsset Server enterprise analytics engine to deliver real-time analysis, aggregation and visualisation of the large volumes of complex data that result from CrossAsset Service calculations of market risk and counterparty credit risk and derivatives valuations. The partnership provides the first best-of-breed addition to Numerix’s...
A Recruiter’s View: On FPGAs, Big Data And Women
Three very interesting features have emerged in fintech recruitment in the first trimester of 2013. The on off nature of FPGA development has led to cluster hiring in the space, big data has taken strides forward and there has been a noticeable improvement in diversity as companies take steps to add more women to their teams. Suspicion...
GoldenSource Sets out LEI Store and Suggests an Entity Data Utility to Commoditise Compliance
GoldenSource is addressing the arrival of legal entity identifiers (LEIs) with its existing enterprise data management (EDM) software and the suggestion of a data utility that could commoditise compliance with regulations based on the LEI. The company has made its software LEI ready by allowing users to add LEI codes as additional or primary entity...
GoldenSource Responds to Market Interest in Financial Industry Business Ontology
The decision by GoldenSource to map its enterprise data management (EDM) solution to the Financial Industry Business Ontology (FIBO) signals initial industry take up of the semantic standard, which GoldenSource suggests could go as far as becoming a regulatory requirement for reporting. FIBO is an initiative of the EDM Council and describes in business terms...
The Valuations Webinar Library
As you’re aware, valuations have been something of a hot topic for us these past several months. I’ve blogged a few times about how tricky they are (see here and here, for example), and the topic has been serialised, as it were, through our A-Team Hot Topics programme of webinars and special reports. (The most recent...
OTP Bank Implements Numerix CrossAsset to Support Pricing and Risk Analytics
OTP Bank – Hungary’s largest independent retail bank, with subsidiaries in eight other European countries – has implemented the Numerix CrossAsset analytics platform to support its derivatives analytics. The bank selected the CrossAsset platform on the basis of its independent library of market-tested pricing models and comprehensive instrument coverage. CrossAsset replaces other types of libraries...
DTCC Plans Vendor Workgroup to Tackle Data Accuracy of the CICI and LEI
DTCC has responded to criticisms covering the accuracy and quality of CFTC Interim Compliant Identifiers (CICIs) it issues on behalf of the Commodity Futures Trading Commission (CFTC) saying data issues highlighted in a blog by data consolidator Alacra are the result of how business rules are being applied to entity registrations. Despite its defence, DTCC...
Turning Up the Volume on Wireless
Judging by the views of a number of wireless network equipment manufacturers and service providers participating in last week’s Low-Latency Summit in New York City, demand from trading firms for low-latency wireless connectivity is strong despite the challenges of reliability, limited bandwidth and cost. Speaking as part of the “Are You Tuning In to Wireless?”...
Bayer Implements SunGard Adaptiv Solutions to Support Risk Management
Germany’s Bayer AG has implemented a selection of SunGard’s Adaptiv solutions for risk management to ensure it meets the fair value accounting mandates of the International Financial Reporting Standards (IFRS 13) and is ready to comply with European Market Infrastructure Regulation that is expected to come into force later this year. The German enterprise that...
Wipro Pumps $30 Million Into Opera Solutions
Indian IT heavyweight Wipro has invested $30 million in New Jersey-based predictive analytics specialist Opera Solutions. It’s unclear what this values Opera at, but Wipro’s investment is a minority stake. Opera’s offerings include its cloud-based Signal Hub range. Signals are predictive patterns and anomalies in big data sets. Signal Hubs are domain-specific collections of Signals...