A-Team Insight Author: A-Team
UBS Launches UBS-MISTRAL Family of Innovative Active Interest Rate Indices
This week, UBS launches the Multi Indicator Short Term Rate Algorithm (UBS-MISTRAL) indices. Going beyond traditional trend following, UBS-MISTRAL identifies the underlying fundamental drivers of trends in interest rates, using a diversified set of leading indicators to take positions in interest rate futures. The indices are transparent to participating clients and will be published on...
Frontier Expands its Investment Team
Frontier Investment Management (“Frontier”), the multi-asset and alternative investment specialist, has appointed Simon Liang as an analyst on its investment team. Simon joins from Bfinance UK, the investment consultant, where he provided analysis on fund managers and their investment strategies across all asset classes for institutional investors. In his new role at Frontier, Simon will...
Interactive Data and Thomson Reuters Q2 Results Highlight Endurance of Pricing and Ref Data Space
If Interactive Data and Thomson Reuters’ second quarter results are anything to go by, it seems that the data vendor community is more than adequately making ends meet in terms of its traditional reference data and pricing offerings. Interactive Data had a strong second quarter performance in spite of its ownership change at the end...
CFTC Commissioner O’Malia Raises His Data Ownership Qualms About Swaps Data Repositories and Tech Challenges
Commodity Futures Trading Commission (CFTC) commissioner Scott O’Malia certainly hasn’t been shy of speaking out about the serious challenges that lie ahead of the regulator as it seeks to introduce new swaps data repositories and related rules, and this week he added data ownership issues to his list of concerns. Speaking during a public discussion...
Broadridge Financial Solutions, the Nation’s Largest Investor Communications Company Saves Corporate Issuers More Than $508 Million This Proxy Season
Broadridge Financial Solutions, the nation’s largest investor communications company, estimates that it saved corporate issuers an unprecedented $508 million this proxy season, compared to $446 million during last year’s proxy season, through the use of its cutting-edge technologies. Broadridge achieved these estimated cost savings while processing 12 billion more shares than a year ago. “Broadridge’s...
ISDA Publishes Analysis of Counterparty Credit Risk Management in the US OTC Derivatives Markets
The International Swaps and Derivatives Association, Inc. (ISDA) today published a new analysis of counterparty credit risk management in the US over-the-counter (OTC) derivatives markets. The paper examines the extent of counterparty credit losses and notes the efficacy of credit mitigation techniques in the US banking system. The paper states that according to reports published...
TMX and Atrium – If You Can’t Join Them, Beat Them?
With a plan to expand internationally through a merger with the London Stock Exchange thwarted by a lack of shareholder support and a rival bid, Canada’s TMX Group – Toronto Stock Exchange, Montreal Exchange, and others – is extending its reach through the acquisition of Atrium Network. The move provides its markets with connectivity to...
New Report Calls for Banking Community to Define Regulatory Data Standards to Control Spiralling Compliance Costs
A new preliminary report launched today titled ‘Strong Foundations for Regulatory Reform?’ finds that the monetary implications for financial services firms that fail to establish a more consistent data management plan can be immense. While there is currently no public sector assessment of the cost to comply, initial research studies suggest it will be in...
Virginie’s Blog – Standards Innovation: An Oxymoron?
Given my often critical view of the world of financial data standards, it has been an interesting exercise to look at the positive aspects of standardisation as part of my prep work for a panel session at this year’s Sibos on “standards and innovation”. Rather than being viewed purely as a chore, can the C...
Hedge Fund Standards Board Launches Drive into the US and Asia
The Hedge Fund Standards Board (HFSB) is launching an international drive to sign up more hedge fund managers in the US and Asia now that most leading European managers have become signatories. The HFSB, which brings together investors and managers to promote high standards of practice in the industry, will also be seeking to bring...