Citi Blazes a Trail for Counterparty Data Management, Berlanger Provides Update Four Years on
It has been four years since Citi first began its counterparty data management project as part of its overall push in the enterprise data management (EDM) space, which at the time was spearheaded by former chief data officer (CDO) John Bottega. The initial focus was on achieving a unique identifier for entity data across the...
BNP Paribas Fund Services Australasia Signs Multi-Year Proxy Services Agreement with Broadridge
Broadridge Financial Solutions today announced that BNP Paribas Fund Services Australasia Pty has signed a multi-year agreement to use Broadridge’s Global Proxy processing services for its clients in the Australasia region. BNP Paribas, already a user of Broadridge’s proxy processing services through its France-headquartered global securities services business, has now agreed to use the Broadridge...
Interactive Data Provides Probate Valuation Service To Title Research
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data Business is providing its Probate Valuations service to Title Research, an estate administration and specialist probate research company. Launched in 2006, the service can help clients to value UK and international securities for probate...
Another One Jumps Ship at Fiserv: Hopcroft Joins XSP as Senior Sales Exec
Following the exit of ex-Investment Services head Geoff Harries and ex-marketing head Irene Mulkeen earlier this year, Fiserv has lost yet another corporate actions focused executive in the form of former sales exec Ben Hopcroft, who has joined eVent rival XSP. Hopcroft is now senior sales executive and account relationship manager for the EMEA region...
Forewarned is Forearmed
According to Senate Banking Committee chairman Chris Dodd, the slow progress being demonstrated this week in the US with regards to agreeing the various amendments to the financial services bill could end up killing the reforms altogether. Not good news for those hoping for the establishment of an Office of Financial Research before the year...
Fitch Solutions Provides CDS Pricing for Korean Won
Fitch Solutions, a division of the Fitch Group, has extended its CDS Pricing Service to offer derived CDS pricing for Korean Won (KRW) CDS contracts, bringing transparency to this highly illiquid market to improve users’ investment and risk management decisions. Covering the Korean corporate and financial sectors, the new service is based on a proprietary...
Bond Pricing Agency Malaysia To Market Interactive Data’s Fixed Income Evaluated Pricing
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data business has signed an agreement with the Bond Pricing Agency Malaysia Sdn Bhd (BPA Malaysia), a leading national bond pricing agency, to make available international fixed-income evaluated pricing to the Malaysian market. Based in...
S&P Fixed Income Valuations Deal is Part of Wider Data Aggregation Challenge, GlobeOp’s Anderson Explains
Fund administrator GlobeOp Financial Services has signed a deal with Standard & Poor’s Valuation and Risk Strategies business (what was known as the Fixed Income Risk Management Services or FIRMS division until recently), under which the ratings agency’s subsidiary will provide GlobeOp with valuations for a range of fixed income securities. Jon Anderson, global head...
CPSS and Iosco Set Out Recommendations for Trade Data Repositories in New CP
A joint working group of the Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organisation of Securities Commissions (Iosco) has published a consultation paper this week setting out recommendations for the operation of trade repositories in the OTC derivatives markets. Data sharing and new data infrastructure is a subject...
FRSGlobal Fine Tuning Fair Value Pricing Models for Emission Linked Derivatives, Says Brammertz
Risk and regulatory reporting solution vendor FRSGlobal is currently endeavouring to develop new valuation models in order to gauge the fair value prices of emission linked derivatives contracts, according to Willi Brammertz, senior risk advisor at the vendor. Although political concerns are holding back some degree of progress with regards to these new instruments, Brammertz...