A-Team Insight Author: A-Team
Financial Services Firms Challenge Regulatory Process During FIMA Debate
Financial services firms called for a bigger picture of market regulation to help them avoid short-term and resource hungry tactical system changes at last week’s Financial Information Management (FIMA) Conference in London. A panel discussion, entitled ‘Developing new business approaches and bringing value to customers in the newly regulated world of legal entity identifiers, consolidated...
Talking Reference Data with Andrew Delaney: The Quiet Rebirth of Interactive Data (Part 2)
It’s well known that Interactive Data Corp. can be a relatively conservative institution. This is in part due to its valuations business, which forces it to make judgments akin to those of a ratings agency, and sometimes results in a somewhat cautious corporate approach. And so there has been a distinct lack of the kind...
Can Both Microwave and Fibre Turn Up The Heat on HFT?
With trading speeds of up to 40% faster, microwave transmission looks set to be an important technology tool for high frequency traders in search of a competitive advantage, but it won’t lead to a wholesale technology change across the industry. There are limitations to microwave and this is why a combination of low latency fibre...
FIX Protocol Proposes Standards to Support a European Consolidated Tape
FIX Protocol Ltd. (FPL) has recommended standards to support the consolidation of trade reports and market data in European equity markets. It suggests the standards could play into the European consolidated tape mandated by MiFID and accelerate discussion about similar standards for fixed income and derivatives markets. The recommended standards are the result of work...
FSB Allocates Second Prefix for Pre-LEI Issuance Schemes to Germany’s WM Datenservice
The Financial Stability Board (FSB) has allocated a second prefix for the issuance of entity identifiers ahead of the global legal entity identifier (LEI) system going live next year to pre-local operating unit (LOU) WM Datenservice, which is issuing entity identifiers on behalf of German regulatory authority the Federal Financial Supervisory Authority. The entity identifiers...
Screen Upgrades INFOmatch Index Licensing Module to Boost Transparency, Control
Screen INFOmatch is planning to release an upgraded version of its eponymous market data inventory system that supports cost and contract management in mid-December. The new version will focus on index licensing with the provision of tools for improved management and increased transparency. Peter Fruitema, CEO of Screen Group, a financial services solutions company that...
Talking Reference Data with Andrew Delaney: AIM Takes, Erm, Aim at London
The past several months have seen a recasting of what we at A-Team loosely term the ‘next-generation enterprise data management’ segment. Specifically, we’ve seen both PolarLake and Cadis Software – both of which followed the furrow ploughed over the years by the likes of Asset Control and Goldensource – snapped up by Bloomberg and Markit....
Market Practitioners Propose an Industry Data Repository to Ease Fatca Compliance
The US Foreign Account Tax Compliance Act (Fatca) was branded as an outrageous example of US fiscal imperialism and an effort by the US government to outsource tax collection to the UK by a panel of experts addressing the issue of ‘Meeting the Fatca Challenge’ at last week’s International Securities Association for Institutional Trade Communication...
Underlying Data and Overall Governance are Central to Surviving the Regulatory Tsunami
Financial services firms must tackle underlying data issues and enforce top-down governance strategies if they are to survive the regulatory tsunami, argued Anthony Kirby, director of Ernst & Young’s regulatory and risk management practice, at last week’s International Securities Association for Institutional Trade Communication (ISITC) conference in London. Addressing the operational impact of upcoming regulations,...
Fixnetix and Asperatus Capital Tap NovaSparks For HFT
Fixnetix and its long-time customer Asperatus Capital have tapped NovaSparks to provide them with ultra-low-latency direct market data via its FPGA-accelerated Matrix appliances. That data is used to fuel HFT strategies. Founded in 2009 in London, Asperatus is an established customer of Fixnetix, which provides it with infrastructure, hosting, co-location and connectivity services to a...