A-Team Insight Author: A-Team
Virginie’s Blog – What Would a US Derivatives Reform Delay Mean for the OFR?
It is no secret that the success of any new regulatory agency, such as the US Treasury’s recently established Office of Financial Research (OFR), is predicated on it receiving the political and financial support it needs to survive. But what happens if the foot is taken off the pedal of the derivatives reforms on which...
Data Management Consultancy 3di Appoints Ken Cordery as Sales Manager, EMEA
3d innovations (3di), a data management consultancy specialising in market, reference and derived/computational data,today announced the appointment of Ken Cordery, as sales manager, EMEA. Cordery will be responsible for client accounts and commercial management. He joins 3di from Ballintrae. Cordery began his career as a trader at Citibank, and moved into a variety of financial...
Bloomberg Launches Malaysian Foreign Currency Sukuk Index
Bloomberg executives today announced the launch of the Bloomberg Malaysian Foreign Currency Sukuk Index (BMSSUTR), a non-ringgit denominated index developed in conjunction with Bank Negara Malaysia. The new Bloomberg index provides a global benchmark for the performance of sukuk bonds and the ability to track movements of foreign currency issues. “The Islamic financial marketplace is...
Safer Data Handling Tops Boardroom Agenda In The Age Of The Mobile Device
Thomson Reuters Governance, Risk and Compliance, announced today that it is launching BoardLink, a secure portal for the online exchange and execution of board business, such as compiling and sharing board books, to companies in Europe, the Middle East and Africa. Companies around the globe face increasing challenges when it comes to handling sensitive data,...
Deutsche Börse Introduces New Benchmark for Interest Rate Swaps
Deutsche Börse – Market Data & Analytics is expanding its range of information products with “Eurex ICAP Swap Spreads”. The new data product, which aims to serve as a neutral benchmark for Euro interest rate swaps, was developed jointly with interdealer broker ICAP. Eurex ICAP Swap Spreads provides yield spreads between exchange-traded futures and interest...
BNY Mellon Extends Hedge Fund Middle Office Platform to North America and Asia
BNY Mellon, the global leader in investment management and investment services, has announced a global expansion of its middle office outsourcing service for hedge funds, extending what was largely a Europe-only offering and rolling it out to select clients and prospects in North America and Asia. Building on its Dublin-based operation over the past 12...
Pricing Partners Delivers Models for Stochastic Dividends
Pricing Partners announced today that its derivatives pricing library, Price-it library, now contains models for stochastic dividends. Products on dividends, like options on non accrued Euro Stoxx 50 dividends, were actively promoted by Eurex for the two consecutive years. Indeed, the current crisis pushed derivatives towards simplicity in terms of payoff, meanwhile, introduced new underlyings....
US Regulatory Agencies Publish Op Risk Guidance Highlighting Importance of Data Inputs, Governance and Validation
The Office of the Comptroller of the Currency (OCC), along with the board of governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC) and the Office of Thrift Supervision (OTS), have published their interagency guidance for operational risk as part of the US adoption of the advanced measurement approach (AMA) for risk-based...
Greater Importance Being Placed on Assumptive Data for Valuations, Agree DMRAV Panellists
Increased importance is being placed on providing the assumptive data inputs that are going into pricing and valuations calculations, according to panellists at last month’s A-Team Group Data Management for Risk, Analytics and Valuations (DMRAV) conference in NYC. This data is required as a result of changes to accounting rules related to fair value by...
Broadridge Launches New Informational Micro-Site for Issuers
Broadridge Financial Solutions, Inc. announced today that its Investor Communication Solutions business in Canada has launched its informational micro-site, “Charting the Course.” This new web site is yet another example of Broadridge’s continued commitment to education and the exchange of balanced information within the capital markets community. The site features an extensive collection of regulatory...