StatPro Discovers Solution to the Liquidity Risk Paradox
StatPro Group, a leading provider of portfolio analysis and asset valuation services for the global asset management industry, announces a major breakthrough in its risk measurement research. StatPro has designed an innovative approach to measuring market liquidity risk that does not rely only on observed bid, ask and volumes. Instead, factors such as market capitalisation,...
DClear Reference Data Services Gain Significant Momentum a Year on From their Launch
SmartStream, the financial Transaction Lifecycle Management specialist, today announced significant progress for its DClear business, a year after its launch. With reference data on the agenda again at this year’s Sibos conference, a utility service model providing clean, consistent reference data as a service has come to the fore as the industry wrestles with data...
DTCC and SWIFT Launch ISO 20022 Corporate Actions Messaging Pilot Program
The Depository Trust & Clearing Corporation (DTCC) and SWIFT, the financial messaging provider for more than 9,500 financial institutions and corporations in 209 countries, announced today that Brown Brothers Harriman & Co. (BBH) has agreed to participate in a new ISO 20022 corporate actions messaging pilot program. The pilot program being run by DTCC will...
XSP and Decillion Group Has Been Selected by Daiwa Capital Markets for Global Corporate Actions Processing
XSP, the global leader in automated end-to-end Corporate Actions software, announced today at SIBOS 2010 that Daiwa Capital Markets has selected the XSP v5 solution to automate its Corporate Actions processing via the Decillion Group platform. Decillion Group, a banking software solutions provider and operator of the largest SWIFT Service Bureau in the APAC region,...
SIX Telekurs Corporate Actions Available Through ValueLink
ValueLink Information Services Ltd. and SIX Telekurs are pleased to announce the extension of their data partnership relationship to include corporate actions information. SIX Telekurs and ValueLink have enjoyed a long and successful history providing price validation services to major fund managers and fund administrators. Adding industry-leading corporate actions data into the service builds on...
London Stock Exchange Group Launches UnaVista Confirmations Portal
London Stock Exchange Group today announced the launch of the UnaVista Confirmations Portal. David Lester, Director of Information Services at London Stock Exchange Group, commented: “The cost for firms using outdated manual processes such as faxes and emails is high.Manual processes significantly increase the risk of trade confirmations failing. UnaVista reduces risk and cost by...
More Buy Side Firms Turning to Third Party Valuations Than Ever Before, Indicates A-Team Group Valuations Benchmarking Study
More and more buy side firms are turning from proprietary and broker-supplied pricing to third party valuations and this is set to rise even further, according to a recent A-Team Group benchmarking study. The majority, at 82%, of the asset management and securities services firm respondents indicated that they rely on third party external sources...
SIX Telekurs Enhances Fund Transparency with Morningstar Holdings Data
SIX Telekurs recently announced the availability of fund constituent data on over 70,000 global funds from Morningstar, giving customers another channel through which to leverage Morningstar’s longstanding expertise in the procurement, analysis and management of fund information. The fund holdings data is a significant enhancement to SIX Telekurs’ Valordata Feed (VDF), which offers reference data...
Kinetic Partners is Focusing on Adding New Modules to its Risk and Valuations Platform
Following her appointment to the London-based risk team of Kinetic Partners two months ago, Isabelle Tykoczinski has been focused on adding new modules to the vendor’s Risk and Valuation Services (RVS) platform. Due for launch in the first half of next year, the new modules focus on extending the platform’s services and reporting tools, such...
Systemic Risk Does Not Just Impact Data Management, Warns Northern Trust’s Skinner
Although a lot has been said about the data management impacts of systemic risk monitoring, data managers must not lose sight of the bigger picture, Nick Skinner, head of data management strategy at custodian bank Northern Trust, warned attendees at this week’s EDM Council and Headstrong event in London. The push by regulators to more...