Icap and Fincad Add More Front End Functions to Derivatives Valuations Solution
Following the launch of their combined effort in the derivatives valuations space in July, interdealer broker Icap and financial analytics vendor Fincad have added new functionality to their Fair Value Insight solution. The web-based derivatives valuation solution, which is built on Fincad’s analytics and Icap’s market data, now features the ability for users to directly...
Interactive Data Promotes Duggan for the Second Time This Year, Adds TALF Offering to Evaluations Portfolio
Following the recent departure of Shant Harootunian, Liz Duggan has received her second promotion in the space of a year, as she steps into Harootunian’s shoes as managing director of Interactive Data’s Evaluations business. The vendor has also recently signed an exclusive agreement with Prism Valuation to offer the vendor’s valuations for loans made available...
Fidelity ActionsXchange Looking Beyond Corporate Actions Cleansing, Say Pollard and Culhane
Just over a year after her appointment to the helm of Fidelity ActionsXchange, Laura Pollard indicates that the traditionally corporate actions focused vendor is set to expand its reference data reach under her leadership. The vendor is considering expanding its data cleansing solutions to areas such as entity data and moving further down the corporate...
CESR Releases Consultation Paper on Trade Repositories in the Derivatives Market: Data Standards on the Regulatory Agenda Again
Echoing the discussions going on over the pond on the subject, the Committee of European Securities Regulators (CESR) has just released a new consultation paper examining the need for a trade repository for OTC derivatives data. The US Securities and Exchange Commission (SEC) chairman Mary Schapiro has been talking about the need for a greater...
RDR Poll This Month: Register Your Vote on the ECB’s Proposals for a Reference Data Utility
We’ve been talking about it over the last few months, but now you can let Reference Data Review (and the European Central Bank (ECB)) know whether you think its proposals for a reference data utility are a good idea or not. The ECB’s proposals have inspired a number of you to write in and many...
…But EDM Council Also Engaged in Much More Work Around Semantic Repository and Entity Data, Say Atkin and Bennett
The discussions at the last EDM Council meeting may have been dominated by debate over the feasibility of the US National Institute of Finance (NIF), but the industry group is engaged a lot of other things as well, according to Mike Atkin, its managing director. As well as the mortgage backed securities (MBS) proof of...
EDM Council Meeting Dominated by Concern Over Achievability of US NIF…
Discussions during the quarterly EDM Council meeting in London last week were dominated by questions regarding the feasibility of the proposals surrounding the establishment of National Institute of Finance (NIF) in the US. The EDM Council itself is currently working on a proof of concept around mortgage backed securities (MBS) data with the NIF, which...
Valuelink Adds Ex-Paladyne Systems Exec Simmonds as New Head of Sales
Data validation services vendor Valuelink has added ex-Paladyne Systems European regional director, David Simmonds, to its executive team as head of sales. In his new role, Simmonds will be responsible for spearheading the company’s strategic growth by identifying and maximising opportunities to deliver value to new and existing customers, says the vendor. Simmonds was regional...
Sophis Value 4.0 Delivers Next Generation Risk Management and Investment Decision Support to Investment Managers
Sophis, a provider of cross asset, front to back portfolio and risk management solutions, today announced the launch of version 4.0 of Value, its solution for investment management companies. This latest release incorporates significant developments in investment decision support and risk management capabilities as well as a complete upgrade of the core system architecture to...
Harness UK Selects Fincad Analytics for Derivatives Valuations
Fincad, a global provider of financial analytics, and Harness UK today announced that Harness Liquid Macro Fund has selected Fincad Analytics to provide real time derivatives pricing and risk monitoring. Harness uses Fincad Analytics Suite for Excel as its primary desktop derivatives pricing solution for front office applications such as trade evaluation, risk monitoring of...