BI-SAM Releases B-One’s 3.2.1 Version Including Multi-management Risk Analysis
BI-SAM, a provider of performance attribution and reporting software solution for the global asset management industry, today announced the release of B-One’s 3.2.1 version. Following the release of the 3.2 version a few months ago, B-One continues to provide its users with latest technologies by releasing the 3.2.1 version, which includes functional enhancements as well...
The Realization Group Partners with UnaVista to Deliver Post Trade Services
The Realization Group (TRG) announced today that it has selected UnaVista as a preferred partner in the TRG Post Trade Services solutions portfolio. UnaVista is the London Stock Exchange’s secure hosted platform for all validation, matching and reconciliation needs. UnaVista offers a number of solutions including Post Trade services, Data Solutions and Reconciliations. TRG have...
Technology Capabilities Could Enable Algorithmic Descriptions for Derivatives, But Standardisation is Lacking
Following their request for input from the industry back in December, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have published a paper outlining the findings of their joint study to examine the feasibility of adopting new algorithmic codes to identify complex and standardised derivatives. The study indicates that the...
European Commission’s Almunia Highlights Ongoing Investigations of S&P for ISINs and Thomson Reuters for RICs
Quite some time has passed since the European Commission kicked off its investigation into Standard & Poor’s pricing practices concerning International Securities Identification Numbers (ISINs) back at the start of 2009 and, later in the year, into Thomson Reuters’ licensing of its proprietary data codes. However, the Commission is still deliberating on the outcome of...
ISDA Announces New Commitments to Global Supervisors to Help Make OTC Derivatives Markets Safe and Efficient
The International Swaps and Derivatives Association, Inc. (ISDA) jointly submitted a letter with market participants and industry associations to global supervisors. The letter is the seventh in a series that publicly details the industry’s roadmap for making the over-the-counter (OTC) derivatives markets safe and efficient. It outlines commitments to improve four key areas: increasing standardisation;...
UK FSA Sends Out “Dear CEO” Letter Illustrating its New Interim Structure
The UK Financial Services Authority (FSA) has this week sent out a letter to CEOs detailing its new regulatory structure, as required under the recent government reforms to tackle oversight issues within the UK financial markets. The new structure includes the eventual transfer of the power of oversight of the banking and insurance industries to...
Fiera Sceptre Selects B-One Solution for Performance, Risk Attribution and GIPS Compliancy
BI-SAM today announced that Fiera Sceptre has selected its B-One platform for performance, risk measurement and attribution, thereby becoming the group’s first Canadian client. Fiera Sceptre was formed by the merger of Sceptre Investment Counsel Limited and Fiera Capital Inc in August 2010. Fiera Capital had been approached by BI-SAM in early 2010, before its...
RBC Dexia Appoints New Managing Director for the United Kingdom
RBC Dexia Investor Services has appointed Simon Shapland as Managing Director for the UK, subject to regulatory approval. Mr. Shapland will chair the UK Management Committee and have overall responsibility locally for both the business strategy and for employee relations. He will also be in charge of client satisfaction and of developing local regulatory relationships....
Back Office Exec Registration on the Cards for Broker-Dealers, But What Impact Will it Have on Data Management?
The Financial Industry Regulatory Authority (Finra) has this month announced that it will be pushing ahead with its proposals to introduce registration requirements for back office operations execs within broker-dealer firms. But what will be the financial and practical impact on these back office functions, including data management and potentially outsourced operations roles, in the...
SEI Extends Operational Outsourcing Relationships with Multiple Mutual Fund Clients
SEI today announced that it has secured long term contract extensions with several existing mutual fund clients to provide full-service operational outsourcing through the company’s Advisors’ Inner Circle Fund (AIC) series trust offering. These multiple contract extensions, along with the two new series trust clients SEI signed recently, reflect a strong, continuing industry movement towards...