A-Team Insight Author: A-Team
Finance and Insurance Firms Turn to Third-Party Service Providers for Corporate Credit Valuations
Global banks, asset managers and insurance companies are adopting innovative approaches to valuing high-yield corporate credit in response to regulatory and client demand for transparent, defensible and timely evaluated pricing. Instruments under particular scrutiny include high-yield bonds, leveraged loans and collateralised loan obligations, all of which can be hard to price and all of which...
Diablo’s Memory Channel Technology Reduces Flash Latency and Jitter
Memory technology specialist Diablo Technologies has introduced its TeraDIMM architecture, allowing Flash memory to be supported directly by the DRAM memory bus on servers, reducing latency and jitter for solid state disks. This approach from the Ottawa, Canada company is likely to be attractive for developers of trading applications, which leverage SSDs for such tasks...
Numerix Offers Early Solution for Funding Value Adjustment
Numerix has added a universal framework for funding value adjustment (FVA) calculations to the risk module of its CrossAsset pricing and risk analytics suite. The solution is aimed at helping firms calculate accurate FVA and identify the true profit and loss of OTC derivatives operations. The Numerix implementation is among the first to support computation...
Talking Reference Data with Andrew Delaney: A Little Less Talk and a Lot More Action
“Happy is the man … who before he dies, has the good fortune to sail the Aegean Sea” – Nikos Kazantzakis They say a change is as good as a rest, but a rest sure feels good. And so it is I’m back in the Old Smoke, getting to grips with the task at hand:...
Marlin Equity Partners Acquires Asset Control and Sets Plans in Place
Ending an extended period of uncertainty following Markit’s decision to abandon talks about a possible purchase, Asset Control has been sold by Fidelity Ventures to Marlin Equity Partners, another venture capital firm. The deal ends months of speculation about the future of the data management software provider and should bring a measure of certainty to...
TS-Associates Details Integration of Correlix/TipOff
Latency management specialist TS-Associates is planning to integrate Correlix, the trade flow analysis tool it acquired in July 2012, and TipOff, the network and data flow monitoring tool it developed in-house since 2006. The integration builds on the company’s experience of the products in the market before the acquisition of Correlix and is planned in two...
Fidessa Embeds FIX in Post-Trade Workflow Easing Cost and Operational Risk
Fidessa has teamed up with FIX Protocol Limited (FPL) to offer a post-trade confirmation hub that allows buy- and sell-side firms to confirm trades via FIX. The company says the extension of order workflow directly into the middle office reduces operational risk through greater certainty in trading, less chance of errors and faster confirmation of...
Data Consolidation and Quality Remain an Issue in Preparation for Solvency II
Data management continues to be a drag on insurance companies preparing for Solvency II, but not all are falling behind with some using the regulatory mandate to develop data management infrastructure that will drive both compliance and business benefits from investment in Solvency II. Moody’s Analytics’ latest Solvency II practitioner survey, which included in-depth interviews...
Quincy Data and McKay Brothers Plan Additional Microwave Links and Super Fast Market Data Services
Quincy Data, a provider of low latency market data, and its partner McKay Brothers, a developer of microwave networks spanning key financial centres, have come a long way in the short time since they were set up in 2010, but they have further to go with plans to build out additional connectivity and enhance their...
Is Big Data Just a Big Distraction?
By Chris Ford, Capcowww.capco.com Everyone is talking about big data. But the hype around the big data concept clouds a clear discussion on the current and actual needs of the financial services sector. The temptation of any new technology is to embrace it and then go looking for a problem to solve. More appropriately, banks...