Latest Version of StatPro Complex Asset Pricing System Takes Mystery Out of Pricing Financial Products
StatPro, a provider of portfolio analytics and data solutions for the global asset management industry, announced today that the latest version of its Complex Asset Pricing (CAP) service has been updated to provide an even greater degree of accuracy and transparency for asset managers seeking to price complex financial products. First launched in late 2008,...
Pricing Partners Provides Consulting Service with ESTER
Pricing Partners announced today that it is teaming up with ESTER to provide consulting services and financial advisory. This complementary partnership combines the financial management know-how from ESTER and the expertise of models and analytics from Pricing Partners to deliver high quality solutions to their clients. ESTER is a consulting firm founded by Elsa Sitruk...
Markit and DTCC Launch MarkitServ
Markit and the Depository Trust & Clearing Corporation (DTCC) today launched MarkitServ, a new company that combines the two organisations’ electronic trade confirmation and workflow platforms to provide a single gateway for OTC derivative trade processing. Jointly owned by DTCC and Markit, MarkitServ combines the DTCC DerivServ and Markit Wire trade confirmation platforms to cover...
Korean Investment Managers Now Processing Cross Border Transactions via Omgeo CTM/KSD Service Bureau
Omgeo today announced that the service bureau between the Korean Securities Depository (KSD), the central securities depository for South Korea, and Omgeo Central Trade Manager (Omgeo CTM) is now live and Korea Investment Trust Company and Shinhan BNP Paribas Asset Management are processing trades. The strategic partnership between Omgeo and KSD allows the Korean investment...
New Star and Henderson Integration Posed Significant Data Challenges, Says BNP Paribas’ Shapiro
BNP Paribas Securities Services has just completed the integration of the assets of New Star Asset Management into its client Henderson Global Investors’ investment operations. Colin Shapiro, head of client solutions at the bank, explains the data integration challenges faced during the process, especially with regards to the asset manager’s legacy service provider. Henderson Group...
Information Mosaic Transfers Bermingham from Ireland to the US
In a bid to gain more traction in the US region, corporate actions solution vendor Information Mosaic has transferred its global sales support team head, Gerard Bermingham, from Ireland to the US. Bermingham has now been appointed vice president of product consulting for Information Mosaic Americas and will be charged with overseeing the vendor’s planned...
Value Partners Goes Live with SunGard’s Monis for Pricing and Risk Analysis of Fixed Income and Credit
Value Partners, an independent asset management company based in Hong Kong, has implemented SunGard’s Monis XL pricing and risk solution for convertibles and fixed income trading. The Monis solution will help Value Partners to value convertible bonds and credit linked derivatives within its pre- and post-trade analysis. Value Partners uses a disciplined approach to managing...
Broadridge and DeltaConcept Announce Strategic Alliance
Broadridge Financial Solutions has formed an alliance with DeltaConcept sàrl. DeltaConcept, a global provider of integrated portfolio management solutions for financial institutions, and Broadridge have launched a Switzerland-based strategic alliance to offer a front to back integrated solution for private banks. The alliance enables Broadridge to offer enhanced portfolio management functionality to private banks and...
The Sibos Vendor Agenda: Swift Adequately Focused On Corporate Actions, Says XSP’s Sheppard
Swift is placing a sufficient level of importance on reference data issues, including corporate actions processing, judging by its work this year and the agenda for Sibos, says Neil Sheppard, managing director and chief operating officer in EMEA for vendor XSP. Discussions at the conference in Hong Kong in September will also likely include corporate...
Derivative Valuations at UCITS Funds – Regulatory Requirements and Best Practices
OTC Valuations Limited (OTC Val), a leading provider of independent valuation and transparency reports for structured products and OTC derivatives, is pleased to announce it has released a white-paper outlining the regulatory requirements and best practices at UCITS funds for derivative valuations. Key points from the paper, available from www.otcvaluations.com, include: OTC derivatives are now...