A-Team Insight Author: A-Team
EXCLUSIVE: DTCC’s Chief Data Officer Ron Jordan on His Experiences at NYSE, Regulatory Developments and DTCC’s Future Plans
Earlier this year, the Depository Trust and Clearing Corporation (DTCC) appointed ex-NYSE Euronext market data guru Ron Jordan to the position of chief data officer (CDO) and gave him the responsibility of guiding DTCC’s commercial and regulatory data business activities. Reference Data Review speaks to Jordan about his career highlights in the exchange sector and how these...
SEC, CFTC Staffs to Host Roundtable to Discuss International Issues Relating to Dodd-Frank Act Title VII Implementation
The staffs of the Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) will hold a joint public roundtable on August 1 from 9 a.m. to 4 p.m. to discuss international issues related to the implementation of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Panelists will be announced...
NYSE Technologies Offers Sneak Peak at Data Fabric V6
Ahead of its official launch – which Low-Latency.com will of course be all over – NYSE Technologies’ managing director for enterprise software Brian Doherty has been discussing the latest version of the Data Fabric messaging product. MultiVerb is one of the key enhancements, combining multicast and RDMA paradigms. Says Doherty: “As part of our testing...
Pricing Partners Introduces CVA, DVA and Bilateral CVA Computation in its Derivatives Pricing Analytics
Pricing Partners announced today that Price-it library can compute CVA, DVA and bilateral CVA for all payoff based trades. Credit Value Adjustment (CVA) represents the additional cost to account for the possibility of the counterparty’s default, which is computed as the difference between the risk free market value and the one where the counterparty could...
IOSCO Technology Focused Report Highlights Post-trade Data Fragmentation, Timeliness Issues
Although it is largely focused on the impact of front office technology and developments such as high frequency trading, the International Organisation of Securities Commissions’ (IOSCO) recent consultation report also highlights the need for greater timeliness and transparency into post-trade data. Referencing its recent report on dark liquidity, IOSCO notes that market fragmentation across new...
ISDA Marks First Anniversary of Dodd-Frank Act: Clearing, Transparency Drive Improvements
At the first anniversary of the Dodd-Frank Act, market participants, policymakers and others are assessing the safety of the over-the-counter (OTC) derivatives markets in light of the legislation as well as efforts the industry has undertaken over the past few years in conjunction with global regulators. The International Swaps and Derivatives Association, Inc. (ISDA) believes...
Antonio Viana-Baptista Joins Credit Suisse as CEO of Iberia
Credit Suisse today announced the appointment of Antonio Viana-Baptista as Chief Executive Officer of Credit Suisse in Iberia. He will be based in Madrid and report to Fawzi Kyriakos-Saad, Chief Executive Officer of the Europe, Middle East and Africa (EMEA) region. As CEO of Credit Suisse in Iberia, Mr Viana-Baptista will execute our integrated banking...
Carne Adds New Director to Cayman Islands Team
Carne Global Financial Services is pleased to announce the appointment of John Ackerley as a Director with its Cayman Islands team. John joins seasoned fund directors Peter Heaps and Roisin Cater in providing governance services to Cayman domiciled funds. John has over 18 years of experience in the financial services industry, and has worked on...
FSB Proposes New Resolution Planning Requirements for SIFIs, Data Fragmentation Issues Highlighted
The Financial Stability Board (FSB) has this week produced a consultation paper setting out its proposals for new policy measures to ensure the effective resolution of systemically important financial institutions (SIFIs). The proposals cover new resolution powers and tools for national authorities, cross border arrangements, resolution planning requirements and measures to remove any current obstacles...
Alexander Forbes Offshore appoints Richard Buchanan
Alexander Forbes Offshore, part of the Alexander Forbes International Group has appointed Richard Buchanan to Operations Director, based in Jersey. Richard joins Alexander Forbes from Alpha Bank Jersey where he was Managing Director. He has extensive operations, marketing and sales management experience gained over many years in the offshore financial services arena. He has also...