A-Team Insight Author: A-Team
Omgeo Celebrates 10th Anniversary
Omgeo, the global standard for post-trade efficiency, today announced that it is celebrating 10 years of successful partnerships with its global community in automating trade lifecycle events, streamlining operations and reducing counterparty risk. Founded in 2001 by Thomson Financial (now Thomson Reuters) and the DTCC, Omgeo has become a key partner in trade lifecycle automation....
Project Brokers Ramps Up
Project Brokers, the global business intelligence (BI) consultancy, has announced two appointments to its senior team. Richard Terblanche has joined as director of sales, while David Anderson, until recently the company’s head of business consulting, is now chief financial officer. “These appointments are essential to the next phase of our growth,” said Daren Cox, managing...
ICBC Asia Moved to Pricing Partners’ Derivatives Pricing Analytics to Enhance its Flow Derivatives Activities
Pricing Partners announced today that Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)), the flagship of Hong Kong banking business of Industrial and Commercial Bank of China Limited, the world tier one bank, selected Pricing Partners’ derivatives analytics, Price-it Excel to enhance its flow derivatives desks activities. The agreement was signed through its...
SEC Proposes Amendments to Remove Credit Ratings References in Several Rules Under the Exchange Act
In keeping with its ongoing crackdown on the credit ratings agencies, the Securities and Exchange Commission (SEC) has this week voted unanimously to propose amendments that would remove references to credit ratings in several rules under the Exchange Act. This is all part of the requirements contained in Dodd Frank to remove references to credit...
Major Study Finds Rapid Adoption of Hosted Email Compliance
Financial institutions are rapidly moving to hosted email compliance and storage services to deal with increasing costs, risks and regulations, according to a study conducted by Forrester Consulting. The study was commissioned by Bloomberg Vault, a service that helps corporations globally meet compliance, regulatory and eDiscovery requirements. The poll of 187 executives with responsibility for...
SEC and CFTC Agree on Definitions for Swaps, Now Over to You for Feedback…
The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have this week finally provided some long sought after clarity regarding the definition of what classifies as a “swap” and hence should be covered by the new and incoming Dodd Frank derivatives requirements. These definitions should also provide some of the foundations on...
Pricing Partners Provides Smoother and Faster Greeks for its PDE Engine
Pricing Partners announced today to enhance its derivatives pricing library with smoother and faster Greeks for its PDE engine. In an effort to provide faster and smoother Greeks for its generic PDE engine, Pricing Partners has recently enhanced its generic PDE grid engine equipped with on-the-fly Greeks calculations with a fixed grid. This accelerates substantially...
Will NYSE Tussle Turn NASD?
Keeping abreast of the to’ing and fro’ing between the various entities vying for control of NYSE Euronext has added a certain piquancy to simultaneously hosting a panel discussion on Optimising Latency in a Fragmented World at our Business & Technology of Low Latency Trading events this month in London and New York. Assessing the connectivity...
Quantifi’s Latest Whitepaper Explores the Challenges in Implementing a Counterparty Risk Management Process
Quantifi, a provider of analytics, trading and risk management solutions for the global capital markets, has published a whitepaper entitled ‘Challenges in Implementing a Counterparty Risk Management Process’. The paper explores the key challenges for banks in the implementation of counterparty risk management, focusing on data and technology issues, in the context of current trends...
SIX Telekurs’ Filanowski Highlights the Biggest Data Challenges of Dodd Frank
The Dodd Frank Act contains a whole host of new and different data requirements in terms of reporting formats and potential standards, but how will all of this impact the practitioner and vendor communities directly? Reference Data Review speaks to Paul Filanowski, US product development at SIX Telekurs, about the changing US regulatory scene and how it...