Interactive Data Expands Relationship With FactSet Research Systems
Interactive Data Corporation, a leading provider of independent pricing and evaluation services, today announced the expansion of its relationship with FactSet Research Systems, a leading provider of integrated global financial information and analytical applications for the investment community. Interactive Data now provides daily independent evaluations for international bonds within the FactSet workstation, in addition to...
Asset Control Adds DTCC Corporate Actions Data to AC Plus Platform
Asset Control has extended data provision for risk management with the integration of direct access to DTCC Solutions’ Global Corporate Actions Validation Service (GCA VS) in its AC Plus data management platform. The service went live late in 2011, adding to other corporate actions data options available on the AC Plus platform, but offering a...
CITIC Bank Selects Pricing Partners to Reduce Risks of Structured Products
Hong Kong-based CITIC Bank International has implemented Pricing Partners’ Price-it Excel derivatives pricing library to give its risk management team and derivatives business a clearer understanding of pricing and valuation around foreign exchange structured products. The bank – a subsidiary of CITIC International Financial Holdings with 31 branches in Hong Kong, four in China and...
CITIC Bank International Selects Pricing Partners for Structured Products Portfolio Pricing
Pricing Partners, the world leader in OTC derivatives pricing analytics, mathematical models and independent valuations, announced today that CITIC Bank International, a Hong Kong based full-service commercial bank, has chosen Price-it Excel, the advanced derivatives pricing excel solution for its risk management team. The agreement was signed through its regional partner Belatos. CITIC Bank International...
Euclid Opportunities Invests in Model Two Zero
Euclid Opportunities, ICAP’s early stage financial technology project, today announced the completion of an investment in London-based software firm Model Two Zero. Model Two Zero is an early-stage company pioneering the next generation of innovative matching, reconciliation and data-translation technologies. A growing number of Model Two Zero clients are now using this technology to validate...
Markit Adds Sensitvities Data to CDS Pricing
Markit, a leading, global financial information services company, today announced it is supplementing its end-of-day prices for credit default swaps (CDS) with a new sensitivities report that will give clients valuable information about the relationship between a CDS price and other market variables. The new Markit CDS Sensitivities service gives clients the ability to understand...
RICs as Catalyst for Financial Markets ‘App Store’
High on the long, long list of the late Steve Jobs’ acts of genius was his decision to go against his own instinct and open up the iPhone/iPAD to third-party developers to create the App Store, a true game-changer. That got me to thinking that Thomson Reuters and the EU could be missing a trick...
Efama Applauds EU Commission Decision to Protect European ISIN Data Users
Efama (the European Fund and Asset Management Association) applauds the EU Commission decision to protect European ISIN data users to the extent possible under EU competition law. Efama stresses that this decision is a major victory for the European financial services industry which will save approximately $100 million per annum in ISIN license fees going...
Heptagon Capital Goes Live with Thomson Reuters Pricing and Reference Data via Advent
Advent Software, a leading provider of software and services for the global investment management industry, and Thomson Reuters today announced that Heptagon Capital, a specialized investment management firm, can access pricing and reference data from Thomson Reuters via Advent’s new market data interface. This critical and timely information will enable Heptagon Capital to enhance its...
Thomson Reuters Opens Up RICs to Address EC Antitrust Concerns
The industry has until January 25 to offer the European Commission feedback on Thomson Reuters’ proposal to allow clients to license its Reuters Instrument Codes (RICs) in order to access third-party and internal market data. Thomson Reuters made the proposal as part of its attempt to settle an EC investigation launched in 2009 into whether...