Russell and Axioma Launch a New Suite of ‘Long-Only’ Factor-Based Indexes
Russell Investments, which owns the most widely used U.S. equity benchmarks for institutional investment products’, and Axioma, Inc., a leading provider of advanced tools for portfolio optimization and risk analysis, have collaborated to launch a series of long-only large and small cap factor indexes. These new Russell-Axioma U.S. Small and Large Cap Factor Indexes are...
Xtrakter and SIX Telekurs Agree to Expand Pricing Data
Xtrakter, a leading provider of capital market data, trade matching and regulatory reporting services, welcomes SIX Telekurs as the first data vendor to access Xtrakter’s Mark-to-Market valuation service, known as XM2M. SIX Telekurs clients now have pricing data on over 45,000 domestic and international fixed-income instruments, including illiquid instruments such as asset-backed securities. Bid and...
Thomson Reuters Delivers Transparency to Collateralised Loans Market with Launch of LPC Collateral
Thomson Reuters today announced that it has launched LPC Collateral, a data and analysis-driven solution designed to dramatically improve transparency in the Collateralized Loan Obligation (CLO) market. The product links Thomson Reuters market-leading loan end-of-day data to the underlying assets held in CLO portfolios to provide powerful, personalized insight and analysis to CLO traders and...
XSP Promotes John Kehoe to Managing Director of Global Sales and Account Relationship Management
XSP, the global leader in automated end-to-end Corporate Actions solutions, announced the promotion of John Kehoe to Managing Director of Global Sales and Account Relationship Management. “John has been a key part of our success and we are delighted to promote him to Managing Director,” said, Brendan P. Farrell, Jr., Chief Executive Officer at XSP....
Technology-Driven Hedge Fund Selects XSP v5 Corporate Actions Platform
XSP, the global leader in automated end-to-end Corporate Actions solutions, announced today its newest client, a leading Hedge Fund based in New York City. This Hedge Fund has licensed the XSP v5 solution for automated global Corporate Actions processing. The new client will be implementing the XSP Data Management & Scrubbing module, XSP Web-based eTRAN...
Swift Sanctions Screening Service Falls Below Big Bank Grade
Swift’s sanctions screening service, which is due to go live in December this year, failed to win interest from large financial services organisations when first mooted and has instead been geared towards small and medium sized banks. Brigitte De Wilde, head of anti-money laundering and sanctions for Swift, explains to Reference Data Review that a study of...
Leading Global Insurance Company Selects XSP v5 Corporate Actions Platform
XSP, the global leader in automated end-to-end Corporate Actions solutions, announced today that it has signed a new client, a leading global Insurance company, to implement the XSP v5 platform for automated global Corporate Actions processing. This new client has licensed the XSP Data Management & Scrubbing module, Web-based eTRAN module for automated notifications, response...
SIX Telekurs Continues to Expand its Evaluated Pricing Team
SIX Telekurs continues to build up its core team of experts to further expand its Evaluated Pricing. The business unit has brought five new members on board in the last few months to both develop the service further, and to respond to its popularity amongst customers. SIX Telekurs has expanded its Evaluated Pricing team in...
Firms Face More Data Disclosure Around Level 3 Asset Valuations, Following FASB and IASB Agreement on Fair Value
Regulators may be at odds with each other this week regarding the definition of what constitutes a firm that is systemically risky, but significant progress has been made on the standards front by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) in agreeing a global definition for “fair value”. The...
GS1 Continues its Campaign to be Selected as OFR’s Standards Administrator
ISO may be the bookie’s favourite to be selected as the Office of Financial Research’s (OFR) standards provider, given its expedited drafting of a legal entity ID standard and its recent selection of Swift as its registration authority for that standard, but that has not deterred standards body GS1 in its own bid to become...