A-Team Insight Author: A-Team
Investec Strengthens Project Finance Division with Senior Hire
Investec Capital Markets (‘Investec’), part of Investec Bank, has appointed Nigel Robinson to the Project and Infrastructure Finance team where he will work with Maurice Hochschild, Global Head, to build the equity and advisory business in the clean power sector. Nigel Robinson joins Investec from ING London’s Utilities team, where he spent seven years building...
Cadis Forges Alliance with Targit in Germany
Cadis, the global EDM specialist, has certified its first set of graduates in Germany. targit, a German based consultancy firm, has received certification through the Cadis Centre of Excellence to efficiently install the Cadis EDM. targit adds to its credentials its work on the platform implementation at Baader Bank, Germany’s leading specialist in securities trading....
QCM Establishes Business Development Office in Tokyo
Quality Capital Management (‘QCM’), the UK-based systematic macro hedge fund manager, today announced that it has established an office in Tokyo, headed by Osamu Nishimura, Head of Business Development for Japan. The official opening of QCM’s office in Japan enables the firm to further develop its investor base in Japan and the wider Asia Pacific...
Low Latency and Windows – Strange But True?
Reading through the latest from TS-Associates, it was interesting to learn that their Application Tap function now supports Windows, from the makers of Xbox. It got me thinking about how widespread the adoption of Windows is for low-latency applications, so I asked the company’s CEO Henry Young for his thoughts. “There is a surprising amount...
The Business Benefits of Lowering Latency – What Are They?
There’s much talk of late about whether investment in reducing latency is worth it. OK, that’s expressing this issue very simply, but for sure there is more focus on determining actual business benefits resulting from lowering latency, and the associated technology costs. One global investment bank turned to Sumerian to help them bridge business and...
SGSS Highlights Expedited Data Support for Outsourced Customer Credit Suisse Asset Management in Germany
As part of its outsourcing deal with the Germany-based asset manager, Société Générale Securities Services (SGSS) migrated Credit Suisse Asset Management’s data in just six months, according to the asset servicing firm. The implementation involved moving data regarding 66 funds and around 7,000 individual positions to investment management system SimCorp Dimension. Credit Suisse Asset Management...
Legal Entity ID Working Paper Highlights Change in Regulatory Priorities and Potentially High Costs of Implementation
A recent working paper on the practicalities of establishing a legal entity identifier database highlights the tough challenges ahead and rather than promoting an extensive reference data collection exercise, it suggests that a ‘less is more’ approach is the only sensible way to proceed. The paper is a continuation of the research that was initially...
SEC Division of Investment Management Names Robert Plaze as Deputy Director and Diane Blizzard as Managing Executive
The Securities and Exchange Commission today announced that Robert E. Plaze has been named Deputy Director in the Division of Investment Management and Diane C. Blizzard has been named Managing Executive of the Division. As Deputy Director, Mr. Plaze will play an integral role in the Division’s regulatory program under the Investment Company and Investment...
Market Data Peaks Smashes Through 5 Million!
Wow! My favourite website MarketDataPeaks.com hit 5.12 million messages/second – a new record – on June 30. In part, the new peak is because the service is now including NYSE’s OpenBook Ultra, which only recently got added with an update to the site. Also, the update fixed an issue with OPRA, which was being under...
SEC Plans 7 July Roundtable on IFRS Preparedness and Regulatory Impacts
The Securities and Exchange Commission (SEC) has indicated that it will be holding a public roundtable next week to discuss the industry’s current state of preparedness for a move to International Financial Reporting Standards (IFRS). The 7 July event will include three panel discussions on the subject of potential accounting system changes, as the US...