Interactive Data Adds Corporate Actions Options to Apex Delivery Platform
Interactive Data is migrating its corporate actions data services to the Apex XML-based reference data delivery platform it introduced in October with a view to meeting growing market demand for automated solutions and emerging demand for corporate actions information not only in the back-office, but also in front-office trading and risk management applications. The company’s...
Carney to Continue as Chair of Financial Stability Board
Mark Carney will continue his role as chair of the Financial Stability Board (FSB) when he steps down as governor of the Bank of Canada on June 1, 2013, and fills the same role at the Bank of England just a month later following the retirement of governor Mervyn King. Carney was appointed as chair...
Screen Upgrades INFOmatch Index Licensing Module to Boost Transparency, Control
Screen INFOmatch is planning to release an upgraded version of its eponymous market data inventory system that supports cost and contract management in mid-December. The new version will focus on index licensing with the provision of tools for improved management and increased transparency. Peter Fruitema, CEO of Screen Group, a financial services solutions company that...
FSB Allocates Second Prefix for Pre-LEI Issuance Schemes to Germany’s WM Datenservice
The Financial Stability Board (FSB) has allocated a second prefix for the issuance of entity identifiers ahead of the global legal entity identifier (LEI) system going live next year to pre-local operating unit (LOU) WM Datenservice, which is issuing entity identifiers on behalf of German regulatory authority the Federal Financial Supervisory Authority. The entity identifiers...
SIX Financial Partners Numerix to Add OTC Derivatives to Evaluated Pricing Service
SIX Financial Information has passed the first milestone on its roadmap for the Evaluated Pricing Service (EPS) it introduced in August 2012 by partnering Numerix to produce valuations for OTC derivatives. The outcome of the first phase of the partnership, EPS services covering interest rate swaps, credit default swaps and foreign exchange derivatives, went into...
FSB Clarifies Prefixes for Legal Entities Issued Ahead of the LEI and Allocates One for CICIs
The Financial Stability Board (FSB) has clarified the numbering scheme that must be used by organisations issuing entity identifiers that they want to transition into the global LEI system and allocated the first four-character prefix that is designed to support the transition of these identifiers. The prefix has been allocated to the DTCC and Swift...
G20 Endorses Next Phase of Global LEI System Development as March 2013 Deadline Looms
The creation of a global legal entity identifier (LEI) system under the watchful eye of the Financial Stability Board has taken a major step forwards with the endorsement by G20 financial ministers and central bank governors on Monday 5 November of the Regulatory Oversight Committee (ROC) for the system. While G20 approval for the charter...
Nasdaq OMX Plans to Add Mergent’s Indxis Services as it Builds Out Index Business
Nasdaq OMX plans to build out its index provision through the acquisition of Mergent subsidiary Indxis, a vendor of index services including creation, licensing and calculation. Terms of the acquisition have not been disclosed, but the deal is described by Nasdaq OMX as a strategic move in a mission the company has been on over...
LEI Development Embraces Change and Picks up Speed Ahead of G20 Meeting
The Financial Stability Board’s (FSB) third progress note on the legal entity identifier (LEI) initiative, released last week, has met with a positive response from those involved in shaping the system, potential infrastructure providers and market data vendors, despite changes to some proposals and the collapse of perceptions that have built up during debate on...
Interactive Data Provides Evaluated Pricing for INTEXcalc and Pushes on with Vantage Transparency Platform
Intex Solutions, a provider of structured securities deal models and cashflow analytics, has selected Interactive Data to provide independent evaluated prices on a range of securitised bonds for use in its INTEXcalc cashflow analysis application. The application is designed to offer transparency, ease of use and speed in analysing structured financial securities. The Interactive Data...