A-Team Insight Author: A-Team
First Derivatives Opens North American Headquarters in the Centre of New York’s Financial District
First Derivatives, Ireland’s largest financial software company, has today opened their new North American headquarters in the centre of New York’s financial district. In a strong sign of the continued expansion and development of the company, CEO and E&Y Entrepreneur of the Year Brian Conlon was joined at the event by Northern Ireland First Minister...
XSP Enters Into Alliance with DTCC and Signs Certified Partner Agreement for Global Corporate Actions Validation Service
XSP, the global leader in automated end-to-end corporate actions solutions, announced that it has signed a Certified Software Partner agreement with DTCC Solutions. XSP and DTCC have enjoyed a longstanding relationship offering their mutual clients solutions that reduce the risks and costs associated with this highly-complex process and this new DTCC certification program will ensure...
National Interests
Swift’s annual user conference behemoth Sibos kicked off this morning with a debate about the future of securities market infrastructures that painted a particularly sobering picture. Obviously, with the spectre of a potential breakup of the Eurozone loitering in the background, discussion turned to what the impact of such an event would be on the...
IMA Highlights Danger of Systemic Risk Data Overload in AIFMD Response
In its response to the European Securities and Markets Authority’s (ESMA) consultation on the Alternative Investment Fund Management Directive (AIFMD), the UK’s Investment Management Association (IMA) highlights the danger of overloading regulators with too much data for the purposes of systemic risk monitoring. IMA director Julie Patterson indicates that under the directive as it currently...
RBC’s Sutton to Join Ex-Citi Colleague Berlanger at Deutsche Bank
After two years as Royal Bank of Canada (RBC) Capital Markets’ global head of customer accounts, Julia Sutton is set to head to Deutsche Bank in October as its new head of client reference data. Sutton, who will be speaking at A-Team’s Data Management for Risk, Analytics and Valuations conference in London on 17 October,...
700 Jobs to be Created in Fund Services by End of Q1 2012
Ireland’s fund services industry grew 36% in the last year and now manages assets worth €1.9 trillion. This growth makes Ireland the largest hedge fund administration centre in the world, with 63% of European and 43% of global alternative investment assets now administered in Ireland. The growth in Ireland’s funds market has had a big...
Opinion: The Correct Exposure for a Crisis
By Michel Lempicki, corporate development director at StatPro Group “Bad news isn’t wine. It doesn’t improve with age.” So said Colin Powell, Vietnam veteran, when he was chairman of the US Joint Chiefs of Staff during the Gulf War. In today’s investment climate, as in military circles, that maxim still holds true. It has become...
A Blueprint for a European Consolidated Tape – Data Consolidation is a Top Priority for EFAMA under MiFID II
The European Fund and Asset Management Association (EFAMA) published today a Blueprint for a European Consolidated Tape intended to permit greater certainty amongst investors as to prices, best execution, valuation and performance measurement, leading to further reductions in direct and indirect costs of trading for investors. The liberalisation of trading venue regulation under MiFID has...
Pricing Partners Adds a Stochastic Rating Model to its Financial Library
Pricing Partners announced today that it added a stochastic rating model to its Price-it derivatives pricing library that enables to price ratings linked products. Euro Medium Term Notes based on Rating have become more popular as ratings play a central role in the financial world and are easily understandable for investors. A typical structure is...
Moody’s Analytics Releases 2011 Banking Industry Survey on Stress Testing
Banks are increasingly integrating stress testing into their risk management and business planning processes, although most still find deploying stress testing best practices throughout all their businesses very challenging, according to a survey conducted by Moody’s Analytics, a leader in enterprise risk management solutions. Published today, Moody’s Analytics’ “2011 Banking Industry Survey on Stress Testing”...