Russell Investments And Interactive Data Introduce Fair Value Adjusted Index Information For Select Russell Global Indices
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data business will provide its Fair Value Information Service (FVIS) for international equities to Russell Investments for use in providing fair value adjusted information on Russell’s global equity indices. This information is designed to help...
Mackie Research Capital Goes Live on SunGard’s Fame for Pricing Data and Analytics
Mackie Research Capital, one of Canada’s largest independent full service investment firms, has implemented SunGard’s Fame for pricing data and analytics to help support the firm’s investment, research and trading strategies and activities. Providing live data and desktop tools for analysing investment results and opportunities, Fame helps Mackie Research Capital view and analyse accurate, aggregate...
Basel II and the Law of Unintended Consequence: Leading to Direct Financial Benefit
By Rick Wilson, vice president of product strategy for Trillium Software Not every result from the ‘law of unintended consequences” is a negative outcome. For example, it’s unlikely that the Basel regulations, set up to monitor the accuracy of financial performance reporting, were implemented with the deliberate intention of improving banks’ bottom lines. But that...
UK FSA Indicates BIC Codes are Needed for all Transaction Reporting Firms, Defers AII System Launch Indefinitely
This month, the UK Financial Services Authority (FSA) has indicated that transaction reporting firms under MiFID will need to obtain a bank identifier code (BIC) in order to be in compliance with wider European level regulations. Firms will have to apply to Swift for a BIC before they email the transactions monitoring unit (TMU) with...
Interactive Data Provides Independent Evaluations for GNMA Reverse Mortgage-Backed Securities
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data business is now providing daily independent evaluations for fixed-rate reverse mortgage-backed securities (HMBS) issued under the Government National Mortgage Association (GNMA) Home Equity Conversion Mortgage (HECM) programme. This programme is designed to provide liquidity...
Fed’s Tarullo Once Again Champions Resolution Plans, BCBS Publishes New Recommendations on Subject: Data Challenges in Spotlight
Regular readers of Reference Data Review should be no strangers to the data and practical implementation challenges of resolution, or living wills, regulations that are the talk of the town at the moment. After all, US Federal Reserve governor Daniel Tarullo is just one of the high profile regulators that has been grandstanding about them...
Edgar Online Announces New Chief Operations Officer
Edgar Online announced today that Diana Bourke will be joining the company. Bourke will assume the title of chief operations officer and will join the company full time on 5 April 2010. Prior to joining Edgar Online, Bourke was most recently president and chief executive officer of Inveshare, formerly known as Swingvote. Inveshare delivers shareholder...
DTCC Policy for Releasing CDS Data to Global Regulators
The DTCC Trade Information Warehouse for credit derivatives is a user-governed, not-for-profit cooperative that provides a registry of the details of virtually all outstanding credit default swaps traded globally. The Warehouse currently holds data on roughly 2.3 million contracts from trading counterparties located in 52 countries, covering credit obligations of entities located in more than...
Hyman Beck & Co. Selects GFI Fenics Professional
GFI Group announced today that Hyman Beck and Company, one of the world’s most diversified alternative investment managers, has licensed FENICS Professional for the pricing and risk management of its FX options business. The agreement includes FENICS Pricing, Analysis, and Structuring. James Lubin, Principal and COO of Hyman Beck said: “We are very pleased to...
Pine River Capital Management Selects Quantifi to Support Credit Strategies
Quantifi, a provider of valuation models and risk management software for the global credit and interest rate markets, today announced that Pine River Capital Management, a leading alternative asset management firm in the relative value space, has selected Quantifi XL for pricing and analysis of global credit products. Pine River, which has offices in Minnetonka,...