A-Team Insight Author: A-Team
Only 12% of Buy Side Firms Ready for Data Requirements of Incoming Regulation, According to MoneyMate Survey
The buy side has a long way to go before it is ready for the regulatory onslaught it is facing over the next few years in terms of making its data management preparations, if recent figures from a MoneyMate survey of around 50 investment managers are to be believed. Only 12% of respondents indicated that...
Liquidity Risk Regulation: Data Quality Under the Microscope
The UK Financial Services Authority’s (FSA) liquidity risk regime has set a precedent for tackling this particularly thorny area of risk management, ahead of the wider implementation of Basel III globally. Reference Data Review speaks to a number of risk technology vendors about the data quality issues underlying the liquidity risk management challenge in light of...
Fitch Solutions: Risk Managers Still Coming To Terms with Basel III Regulation
According to a delegate voting poll taken at the latest series of Fitch Solutions ‘Managing Credit & Counterparty Risk’ seminars this month, 43% of risk managers remain unsure if the new Basel III regulations will help them manage risk more effectively, whilst 32% believe it will improve effectiveness and, in contrast, 25% believe it will...
BNY Mellon Appoints Stephen Lackey as Chairman of Asia Pacific
BNY Mellon has appointed Stephen Lackey as chairman of its Asia Pacific region. Lackey succeeds Christopher Sturdy, who has been Asia Pacific chairman since early 2008 and is moving to New York to take on a senior role in the firm’s Global Client Management Group. Lackey joined BNY Mellon in 1981 and has been director...
Limited Window of Opportunity in Europe to Influence Regulatory Change Around Incoming Data Requirements, Says BBA’s Irving
Firms need to take action this year if they want to influence the evolving European regulatory process and provide feedback on the impacts of regulation on areas such as data management and risk management, according to Irving Henry, policy director for prudential capital and risk at the British Bankers’ Association (BBA). Speaking at last week’s...
RIMES Joins the NASDAQ OMX Elite Index Data Partnership
RIMES Technologies Corporation today announced that it has become an Elite Index Data Partner of NASDAQ OMX, the world’s largest exchange company and benchmark index provider. All NASDAQ OMX indexes will be available via the RIMES Benchmark Data Service (BDS), the fully managed data service which takes care of clients’ entire benchmark data workflow, improving...
ISDA Proposes to Use FpML to Link Unique IDs to Standardised Derivatives and a New Central Derivative Product Registry
In line with the recent regulatory driven study into derivatives instrument identification, the International Swaps and Derivatives Association (ISDA) has released proposals to link unique IDs to these instruments and has called for the establishment of a new central derivative product registry infrastructure. The proposals are contained in a recent white paper, which suggests that...
S&P Increases Value Added Content on ABSXchange and Announces 25 New Clients
S&P’s structured finance analytics platform, ABSXchange, has undergone a number of improvements designed to aid market participants’ analysis of their ABS and RMBS portfolios. These improvements will allow clients to run projections against forecasted index rates; view the formulae used in calculated benchmarks including underlying values; aggregate asset valuation metrics such as price and yield...
State Street Report Highlights the Evolving Nature of Data Management and IT Within Financial Institutions
Global custodian State Street has released the first in a series of white papers examining the impact of technology on financial services, which (among other things) highlights the evolution of the IT and data management functions. Referring to the “true value of data”, the paper highlights the importance that data management and IT has taken...
Sacombank has Successfully Deployed Oracle Exadata Database Machine in Vietnam
Sacombank, one of Vietnam’s commercial banks, announced its successful deployment of Oracle Exadata Database Machine, allowing the bank to benefit from the solution’s predictive analytics to make strategic business decisions in real time. This is the first Oracle Exadata Database Machine to be deployed in Vietnam. The solution provides data warehousing, integrated with Oracle Business...