B-One Solution Selected by Nomura Asset Management for Performance, Risk Attribution and Client Reporting
BI-SAM today announced that Nomura Asset Management U.K. has selected its B-One platform for performance, attribution and risk measurement, for its U.K. operations. The U.K. implementation is seen as a potential step towards future global deployment. With seven offices world-wide, Nomura Asset Management is a leading global asset manager. The company’s U.K. office provides a...
SIX Telekurs and FinancialCAD Extend Data and Analytics Partnership
SIX Telekurs, a leading financial information provider, and FINCAD, a provider of industry standard financial analytics, are pleased to announce that they have signed agreements to extend their long-standing partnership. The extended relationship allows FINCAD’s customers to take advantage of SIX Telekurs’ rich database of global securities prices in FINCAD’s online derivatives valuation service,...
PolarLake Announce Support for Bitemporal Data
Today PolarLake announces support for Bitemporal Data in the PolarLake Data Management Platform. This will allow clients to make changes to Historic Data, view the changes to Historic Data over time and also look at the detailed history of the Data updates. This extends PolarLake’s capabilities in processing Financial Data such as Pricing, Trade and...
State Street Launches Mobile App for iPad
State Street, one of the world’s leading providers of financial services to institutional investors, today announced a new mobile application for the iPad, State Street Springboard, which will be available in the Apple App Store this fall. State Street Springboard allows clients to view essential portfolio information that is specifically designed for mobile users and...
Talend Enables Unified Integration in the Cloud
Talend, a global open source software leader, today announced Talend Cloud, its Cloud-enabled Integration Platform and the first comprehensive unified integration platform for the cloud and hybrid IT environments. An extension of the recently announced Unified Integration Platform, Talend Cloud offers elasticity, ubiquity, extensibility, security and reliability to those organisations looking to ensure the integrity...
New Research Points to Systemic Failure of Spreadsheet Risk Management Within UK Organisations
A new survey* from ClusterSeven, an international provider of strategic spreadsheet and data management software, shows that 56.5% of spreadsheet users have never received formal training on the spreadsheet package they use. Worryingly, 47% have never even been offered spreadsheet training. Of those surveyed by ClusterSeven, 72% admitted that no internal department checks their spreadsheets...
Greater Importance Being Placed on Assumptive Data for Valuations, Agree DMRAV Panellists
Increased importance is being placed on providing the assumptive data inputs that are going into pricing and valuations calculations, according to panellists at last month’s A-Team Group Data Management for Risk, Analytics and Valuations (DMRAV) conference in NYC. This data is required as a result of changes to accounting rules related to fair value by...
US Regulatory Agencies Publish Op Risk Guidance Highlighting Importance of Data Inputs, Governance and Validation
The Office of the Comptroller of the Currency (OCC), along with the board of governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC) and the Office of Thrift Supervision (OTS), have published their interagency guidance for operational risk as part of the US adoption of the advanced measurement approach (AMA) for risk-based...
Commerzbank’s Natter Highlights Progress of its Data Management Project with Asset Control
Following its merger with Dresdner Bank in 2008, Commerzbank opted to integrate its risk management processes and instead of building an in-house solution for the data underlying those processes, it selected Asset Control’s AC Plus platform for the job. Speaking at last month’s A-Team Group Data Management for Risk, Analytics and Valuations (DMRAV) conference in...
Rongo Partners with Talend to Meet Real-time Data Demands
Rongo, the Finnish consulting company focused on information management, has partnered with Talend, an open source data management specialist, furthering its commitment to delivering the highest quality and cost effective tools to its customers. The company was established in 2006, and operates out of Espoo and Tampere. Rongo provides consulting and information management solutions, spanning...