A-Team Insight Author: A-Team
Robeco Completes Installation of Multifonds Fund Accounting System
Robeco, a pure-play asset manager with an active investment style has gone live with Multifonds Fund Accounting system to support its fast and efficient growth into new markets. Robeco needed a fund accounting product that provided a high degree of flexibility and a quick time to market in terms of setting up new products, coupled...
Wenig Departing Thomson Reuters in Reorg
Veteran Devin Wenig is leaving Thomson Reuters, where he was head of the Markets division (its focus being on financial information and trading systems) as part of a reorganisation that will see that division split in three. CEO Tom Glocer will take over Wenig’s responsibilities, and the division will now be organised as: Financial Professionals...
Virginie’s Blog – Never a Dull Moment
Summer used to be a quiet month or two for news. Not so this year (or even the last few years perhaps). What with the M&A rumour mill on overdrive, restructuring and musical chairs within the vendor community, endless regulatory toing and froing, and the recent announcement that the UK is potentially opting out of...
Another One Out the Door at Thomson Reuters: Wenig Departs from Markets Division as Part of Structural Shake up
In yet another shock departure from data giant Thomson Reuters over the last few months, Markets division chief Devin Wenig has left and CEO Tom Glocer is due to take on his responsibilities. Wenig, who has long been thought the natural successor to Glocer, is departing the vendor as part of a management and structural...
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...