Interactive Data Expands Evaluated Pricing Offerings
Interactive Data Corporation, a provider of financial market data, analytics, and related solutions, today announced that its Pricing and Reference Data business has broadened its evaluated pricing offerings for clients. Recent enhancements to the evaluated pricing coverage include: New evaluations coverage: for more than 10,000 fixed income instruments in the past month, including newly-issued securities...
RBC Dexia Survey Indicates That 64% of Italian Asset Managers Planning to Invest in Risk Management
The Italian asset management community is well apprised of the risk management challenges it faces as a result of the incoming Bank of Italy rules relating to these firms’ governance structures, but it still has a long way to go before it is ready, according to a recent survey conducted by custodian bank RBC Dexia....
GoldenSource’s Stock and Meriton Discuss Potential to be a Direct Technology Provider to the Office of Financial Research
Given that the Office of Financial Research has been a hotly debated topic within the industry of late (even if the regulatory community has been rather quiet on the subject), it is no surprise that vendors are keen to offer their services to those charged with establishing such a data utility. One such vendor is...
BNL Vita Selects SunGard’s FastVal for Independent Valuation of Complex Derivatives
BNL Vita, an Italian banking insurance company that specialises in the life sector, has selected SunGard’s FastVal, an independent valuation service for vanilla and complex over-the-counter (OTC) derivatives, to independently value its client’s portfolios. FastVal 3.0, which is delivered on an ASP basis, will help BNL Vita increase its operational efficiency when valuing complex OTC...
Volante Extends Messaging Support in FX Data and Settlements
Volante Technologies today announced its expansion in the foreign exchange messaging world with the availability of high-speed integration technology for price data from the Currenex ESP, as well as an integration model for the CLS settlement environment. Originally developed to integrate Currenex Executable Streaming Price (ESP) data into the low-latency data management architecture of a...
GlobeOp NAV Transparency Report Offers Independent Governance Data to Hedge Fund Investors
GlobeOp Financial Services, has launched the GlobeOp NAV Transparency Report to help fund managers provide investors with greater visibility into the monthly calculation of a portfolio’s net asset value (NAV). “Fund managers recognise that good governance attracts further investment,” said Tony Glickman, global head of Risk Services at GlobeOp. “Pension funds and other institutional investors,...
Markit Adds Commodities to Portfolio Valuations Service
Markit, a global financial information services company, today announced it has extended the range of instruments covered by its Portfolio Valuations service to include commodities. The addition of commodities is a major milestone in Markit’s ongoing programme to develop a comprehensive, independent valuations service. Markit now provides valuations for commodity derivatives such as forwards, swaps...
Exchange Data International Opens New York Office Reflecting Business Expansion and Appoints Hyland
Exchange Data International Limited (EDI), a specialist provider of global reference and corporate actions data, has opened a new office in New York to service its existing and growing North American clients. EDI at the same time has appointed Michael Hyland, an industry veteran, to advise on strategic matters especially with regard to fixed income...
Philadelphia Fed’s Nakamura Proposes Instrument Database, But What About the Office of Financial Research?
Proof yet again that the US regulatory community might not be aware of the implications of the Office of Financial Research reform proposals comes in the form of recent comments made by Philadelphia Federal Reserve Bank economist Leonard Nakamura. Nakamura made proposals last week that an all encompassing instrument database be established to help regulators...
CMA Finally Fills CEO Role with Appointment of Ex-Icap MD Kohler
Following the announcement of the departure of outgoing CEO Laurent Paulhac in September last year, credit derivatives data provider Credit Market Analysis (CMA) has spent the last nine months looking for a suitable replacement. This week, the vendor announced it has finally found such an individual in the form of ex-Icap managing director Antoine Kohler....