A-Team Insight Author: A-Team
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...
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...