Quantifi Releases Version 9.4 to Address Market, Operational and Regulatory Changes
Quantifi, a provider of analytics, trading and risk management solutions to the global capital markets, today announced the release of the latest version of its pricing and risk analysis software. Version 9.4 (V9.4) includes several groundbreaking new features. Rohan Douglas, CEO of Quantifi, says, “With the passage of the Dodd-Frank bill in the US and...
DTCC Releases First Drafts of ISO 20022 Corporate Actions Lifecycle Messages, Kirby Urges Firms to Provide Input
Following on from the release of its business case for the introduction of XBRL to the world of corporate actions last month, the Depository Trust & Clearing Corporation (DTCC) has finally released the first set of drafts for its new corporate actions messages, which are based on the ISO 20022 standard. The work is all...
Omgeo Adds CLS FX Instructions to Omgeo Alert
Omgeo, the global standard for post-trade efficiency, announced today that it has added CLS FX instructions to Omgeo Alert, to improve the way FX settlement instructions are published, stored and exchanged. Additional fields have been added to Omgeo Alert, the industry’s largest and most compliant web-based standard settlement instruction (SSI) database across multiple asset classes,...
Fitch Solutions Appoints BNY Mellon’s Smith to Head its Research Services Group and Boost US Presence
As part of its wider push into the world of financial data services, Fitch Solutions has added ex-BNY Mellon fixed income head Neil Smith to lead the efforts of its Research Services group. Smith, who joins as managing director of the group, will be based in New York and report to Fitch Solutions head Thomas...
DTCC Releases New ISO Messages to Help Automate Corporate Actions Processing
The Depository Trust & Clearing Corporation (DTCC) today announced the release for public comment of the first drafts of its new corporate actions messages to support the processing of the entire lifecycle of a corporate action including entitlements, elections and payments. In 2009, DTCC processed more than US$3 trillion in corporate actions, and the release...
JWG Research Identifies Key Barrier to Implementing Regulatory Reform
JWG, the think-tank that makes sense of FS regulations, today announced the findings of its recent global customer data research programme. The analysis highlights the tall order financial institutions face in complying with 27 new regulatory requirements introduced by the G20 following the onset of the financial crisis. To date, the regulatory tsunami has generated...
XBRL Falls Off the US Regulatory Checklist, What Will This Mean for Data Management?
One of the stranger happenings during the lengthy US reform negotiation process was that a provision to require the use of Extensible Business Reporting Language (XBRL) for financial data reporting was unexpectedly struck from the financial regulation reform bill, which was passed this week. Given that XBRL is being touted as the next big thing...
CESR Outputs Two More Papers on OTC Derivatives: New Transaction Reporting Data Requirements and Standards on the Table
To add to the veritable cartload of recent papers issued as a part of the ongoing review of MiFID, the Committee of European Securities Regulators (CESR) has added two more into the mix, this time on the subject of OTC derivatives, thus increasing the number of potential data requirements for firms on the regulatory reform...
Obama Signs Off US Financial Services Bill, But What Changes are Needed to Meet the OFR’s Data Requirements?
After months of debate and the lengthy deliberations of a dedicated conference committee, US president Barack Obama has finally signed off the reform bill that proposes, amongst many other things, to set up a US-based data utility in order to more accurately monitor systemic risk. The establishment of the Office of Financial Research has now...
DTCC Further Expands Public Release of Credit Default Swap Data Registered in its Global Trade Repository
The Depository Trust & Clearing Corporation (DTCC) today further expanded its public release of credit default swap (CDS) data, providing more detailed market segmentation information on the largest corporate and sovereign CDS (single named reference entities) registered in its Trade Information Warehouse’s (Warehouse) global repository. This extension of the data posted on DTCC’s website will...