A-Team Insight Author: A-Team
SmartCo Opens London Office
SmartCo announces its continued international expansion with the opening, in May 2011, of a London office to support its growing operations in the UK and Northern European markets. SmartCo has seen an increase in the number of its international clients and as part of its internationalisation strategy, the Paris and Boston-based software company’s goal is...
IAM Appoints Global Head of Operational Due Diligence
International Asset Management (IAM), one of the oldest specialist fund of hedge fund investment managers, today announces the appointment of Mike Paciullo as global head of operational due diligence based in IAM’s New York office. Mike has a wealth of experience from senior positions within operational due diligence including tenures as head of operational due...
Seeing Colt Through a Different ‘Prizm
While it may not be the biggest transaction, Colt’s agreement to acquire a majority stake in MarketPrizm, which finally materialised this week after months of speculation, gives the UK telecom services provider some teeth with which it hopes to bite off a larger chunk of the trading connectivity marketplace. No cash will change hands as...
Hudson Bay Capital’s Black Discusses Bloomberg Vault Implementation, Cost Saving Benefits of Cloud-Based Data Storage
The expanded registration requirements under Dodd Frank for firms that once fell under exemptions have resulted in many more firms being compelled to invest in data storage solutions in order to ease the data retrieval process and keep costs down. One such firm is buy side firm Hudson Bay Capital Management, which has recently rolled out...
ISO Selects Swift as its Registration Authority for the New LEI Over Other Bidder ANNA
After months of jumping through the requisite hoops, industry network provider Swift has beaten the Association of National Numbering Agencies (ANNA) to the punch and has been selected as the registration authority for ISO’s new 20 character legal entity ID code, which is currently in draft format. The standards setting body is currently in the...
Sifma Led Financial Association Coalition Provides OFR with a Wish List for the LEI, Sets 30 May Deadline
The 13 strong, Sifma led coalition of industry associations involved in providing feedback to the regulatory community regarding the establishment of a new global legal entity identification standard has finally produced its comprehensive list of requirements for the ID. The group has also set a deadline of the end of this month (30 May) for...
Financial Industry Trade Associations Coalition Releases Framework for a Global Legal Entity Identifier System
A coalition of financial-services trade associations today released a comprehensive set of requirements for establishing a legal entity identifier (LEI) system to aid regulators and industry in monitoring systemic risk. The Trade Associations note that the requirements document released today is meant to be an evolving solution that will be refined as others participate in...
Swift Selects Sword FircoSoft to Support New Centralised Sanctions Screening Service
Swift, the financial messaging provider for more than 9,700 financial institutions and corporations in 209 countries, has selected Sword FircoSoft to provide components of its new centralised Sanctions Screening service. Economic sanctions are growing in importance as a tool to fight financial crime. As a consequence, complying with evolving sanctions regulations and frequently updated lists...
CFTC and SEC Describe Data Focused Investment Plans for 2012, CFTC Establishes Data Standardisation Subcommittee
The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have once again testified before the Senate regarding requests for an increase in their budgets for next year, including US$66 million earmarked by the CFTC for technology and US$78 million for the same on the part of the SEC. During his testimony,...
SIX Telekurs White Paper: Transparency in Evaluated Pricing
In an effort to help bring clarity and understanding about transparency in evaluated pricing, SIX Telekurs is pleased to announce the release of a new white paper that describes our thoughts and practices. The paper will be discussed publicly for the first time in a workshop at the upcoming A-Team “Data Management for Risk, Analytics...