Interactive Data Delivers Indicative Valuations for Exchange Traded Notes and Values for Market Indices
Interactive Data Corporation (booth # 1405) a leading provider of financial market data, analytics and related services, today announced that it can now deliver indicative intra-day valuations for exchange traded notes (ETNs) and values for market indices. Interactive Data’s Basket Calculation ServiceSM, which also offers intra-day indicative optimized portfolio values (IOPVs) for equity and fixed income...
APG Investments US Picks Fidelity ActionsXchange for Corporate Actions Processing
The US subsidiary of Dutch asset manager APG Algemene Pensioen Groep NV, APG Investments US Inc, has signed up for US domestic fixed income corporate actions information from Fidelity ActionsXchange, via its ActionService product. APG Investments US Inc is the wholly owned subsidiary of APG Algemene Pensioen Groep NV, which provides asset management services to...
XSP’s Fullam Appointed Co-chair of ISITC Corporate Actions Working Group
Paul Fullam, principal consultant at XSP, has been appointed as a co-chair of the ISITC Corporate Actions Working Group. In this position he will collaborate with the group’s members to review ISO 15022 standards and direct enhancements to message content that promote the straight-through processing of corporate actions. Fullam has been an active participant of...
Misys Integrates Markit’s Loan Pricing Service into Loan IQ
Misys has achieved certified alliance partner status under Markit’s certification programme and has integrated Markit’s loan pricing service into Misys Loan IQ, its commercial lending solution. The combined offering will enable mutual clients of the two companies to automatically price loans from the Misys Loan IQ platform. As a result of the integration mutual clients...
Carnegie Bank Picks SuperDerivatives for Equity Derivatives Valuation
SuperDerivatives, provider of options pricing and a multi-asset derivatives platform for revaluation and risk management, has been chosen by Nordic bank Carnegie Investment Bank AB to perform independent valuation services for its equity derivatives portfolio. Per Jutemar, group operational risk manager at Carnegie, says the choice to use SuperDerivatives Revaluation Center is part of a...
BancorpSouth Goes Live With OTC Val’s Derivative Valuation Service
BancorpSouth Bank, a US-based commercial bank, has gone live with OTC Valuation’s derivative valuation service as part of its drive to improve its audit and valuation capabilities. The vendor has reported a good start to the year in terms of client interest as a result of the post-credit crunch focus on external sources of evaluated...
Markit Launches Counterparty/Compliance Documentation Library
Data, portfolio valuations and OTC derivatives trade processing vendor Markit has launched a new documentation library that allows financial institutions to post, manage and share compliance, counterparty credit and regulatory documents securely. Called Markit Document Exchange, the new service automates KYC, anti-money laundering and compliance certification processes in order to reduce risk and lower operational...
Interactive Data Launches Class Actions Service Option Mapped to the ISO 15022 Format
Interactive Data has launched its class actions service mapped to the ISO 15022 format as an optional module of FTS, Interactive Data’s securities administration tool. The service is part of the vendor’s Pricing and Reference Data business and is designed to help institutions track, monitor and recover funds resulting from securities class action litigation. The...
SEC to Mandate Adoption of XBRL Financial Reporting For Large Publicly Listed US Firms
The Securities and Exchange Commission (SEC) has issued rules requiring large publicly held US companies to adopt extensible business reporting language (XBRL) for their financial reporting by 15 December. This follows the SEC Advisory Committee on Improvements to Financial Reporting’s report, released in February, which recommended that companies should use XBRL to tag their financial...
BancorpSouth Bank Goes Live with OTC Val’s Derivative Valuation Service
BancorpSouth Bank, a US-based commercial bank, has gone live with OTC Valuation’s derivative valuation service as part of its drive to improve its audit and valuation capabilities. The vendor has reported a good start to the year in terms of client interest as a result of the post-credit crunch market focus on external sources of...