A-Team Insight Author: A-Team
Cleartrade Exchange Helps Clients Meet Dodd Frank Regulations with Trade Repository
Cleartrade Exchange, the global electronic marketplace for freight and commodity derivatives, announced today that its Trade Repository, an integral part of its trading platform, has now been released to clients. Unlike most “old tech” solutions which are intra-day at best, the Cleartrade real-time Trade Repository automates the production of trade confirmations, in the form of...
ISDA Hosts Regional Regulators Workshop
The International Swaps and Derivatives Association, (ISDA) hosted an Asia Pacific Regulators Workshop in Hong Kong today with supervisors and policymakers from 19 regulatory bodies across the Asia Pacific region. The one-day session, which was a follow-up to the ISDA Asia Pacific Regulators Summit held in May, addressed specific challenges related to the implementation of...
Intel Snaps Up Fulcrum Microsystems
Intel is acquiring Fulcrum Microsystems, a developer of interconnect chips leveraged by ethernet switches, such as those from Arista Networks, IBM System Networking (Blade Network Technologies, as was) and Mellanox. While Intel’s big play is all about data centre fabrics and cloud computing, the impact on low-latency networking for the financial markets is clear, given...
“Hockey Stick” Moment for CVA Due to Regulatory and Accounting Rule Changes
Accounting standards changes, Basel III and the development of industry best practices for risk management and valuations have caused a “hockey stick moment” for the development of credit valuation adjustment (CVA). Dan Travers, product manager for Adaptiv and CVA solutions at SunGard, explains that CVA is a fast evolving area and the last five years...
Russell Investments Makes Key Appointment for Index Business
Russell Investments has appointed Shelton (Shellie) Unger as director of plan sponsor sales for Russell Indexes. Unger, who has more than thirty years of financial services experience, will lead a focused initiative to introduce the full depth and breadth of Russell Indexes’ product and service offering to the plan sponsor community in the U.S., including...
Sapient Global Markets and Murex Announce Strategic Partnership
Sapient Global Markets, a business and technology services provider to the capital and commodity markets and part of Sapient Corporation and Murex, a leading provider of cross-asset trading, risk management and processing solutions, today announced that Sapient Global Markets has joined the Murex Partnership Program to provide professional services to clients of both organizations. The...
New UK CEO Takes the Helm at Leading Financial Services Consultancy Capco
Capco, the global business and technology consultancy dedicated solely to the financial services industry, has announced today that Andrew Tarver has been appointed Capco’s UK Chief Executive Officer. Thirty-five year old Andrew was previously a Partner in Capco’s UK capital markets team. Ismail Amla, Capco’s previous UK CEO, will now head Capco’s North American practice....
The AIFMD in Focus: Valuations and Data Reporting Requirements Incoming
The controversial Alternative Investment Fund Managers Directive (AIFMD), which was first proposed in 2009, was published last month and is due to come into force over the next couple of years, includes key data related requirements such as increased transparency into valuations and new fund registration processes. A-Team Insight examines the latest and final version...
Guilty Until Proven Innocent: The Data Quality Imperative Underlying Recent Risk Management and Regulatory Requirements
There seems to be a recurring refrain within a whole host of recent regulatory papers, including the MiFID Review, UCITS IV, Basel III, Solvency II or any number of UK Financial Services Authority (FSA) papers: references to accuracy, consistency, timeliness, reliability and completeness of data are present in all of them. Reference Data Review speaks...
Misra Exits Algo Technologies
According to an email he circulated earlier today, Hirander Misra has resigned as CEO of Algo Technologies, a vendor of low-latency data management and connectivity, and matching engines. Misra gave no reason for the resignation, but said he would remain a board director and shareholder in the company. As for his immediate future, Misra said...