CMA’s Moody Talks up Recent Launch of its OTC Derivatives Valuations Solution CMA NAVigate 1.6
CME Group owned data business CMA has recently launched a new OTC derivatives workflow solution that is aimed at streamlining the mark to market process and granting access to all valuation inputs for reporting purposes. Reference Data Review speaks to Gareth Moody, vice president of sales for the Americas, who joined the vendor as a start up...
S&P VRS Adds New Credit Risk Model to Credit Health Panel
S&P Valuation and Risk Strategies today announced the availability of a new credit risk model that provides relative credit assessments for rated and unrated public companies, incorporating enhanced operational, solvency and liquidity measures. This new model achieves improved ranking accuracy and enhanced overall performance through methodology enhancements. The enhanced model is available for use within...
EDI and the Commodities Research Bureau Team up to Deliver the Best Quality Commodity Pricing Data
Exchange Data International (EDI), a well established provider of Securities Corporate Actions and Reference Data, today announced a new commodity pricing service in collaboration with the Commodities Research Bureau (CRB), the world’s leading commodity and futures research, data and analysis firm since 1934. With this partnership, EDI is now able to offer its clients comprehensive...
Interactive Data Survey Highlights Importance of Fair Value Practices During Volatile Markets
Interactive Data Corporation, a leading provider of independent pricing and valuation services, today announced key findings from its recent survey of mutual fund firms on fair value procedures for international equities. The survey findings revealed that using “triggers” to invoke fair value procedures continues to be a common practice for mutual funds. These triggers may...
Siag Consulting and Pricing Partners Team up for Broad Distribution in Iberia and LATAM
Pricing Partners and Siag Consulting International, a tier 1 consulting and systems implementation specialist based in Madrid, have announced today a partnership covering Iberia and LATAM. Siag’s expertise in Market and Credit risk management provides the deep domain expertise to partner with Pricing Partners in advising and supporting client valuation methodologies given the increased requirement...
Pricing Partners Extends its Solution for Correlation and Dispersion Swaps
Pricing Partners announced today that it has extended Price-it language to price faster correlation and dispersion swaps. Correlation and dispersion swaps allow taking view on implied versus historical correlation. These products have been popular for a few years. Pricing them in a generic scripting language payoff framework could be very cumbersome. Hence, Pricing Partners developed...
BDO M&A Survey 2011 – Strong M&A Demand Hampered By “Valuation Gap”
BDO, the accountancy and business advisory firm, today released its annual M&A Survey, polling the views of CEOs and Financial Directors of mid-market companies1. Key findings included: 55% of companies that sought to make a transaction in the last 12 months failed to do so. On average one transaction has been completed for every eight...
Shakeup Continues at S&P, as President Sharma Indicates Citi’s Peterson Will Take Over Next Month
Standard & Poor’s president Deven Sharma, who has recently overseen the internal restructuring of the credit agency and data vendor into two separate businesses, has indicated that next month he will be handing over his responsibilities to Douglas Peterson, who is currently chief operating officer of Citibank. Sharma will stay on in an advisory capacity...
Lloyds Banking Group (LBG) Renews and Extends Strategic Outsourcing Contract with State Street
State Street Corporation, one of the world’s leading providers of financial services to institutional investors, announced today that Lloyds Banking Group (LBG) through its Life, Pensions and Investments business (Scottish Widows) and its Asset Management business (Scottish Widows Investment Partnership (SWIP) has renewed and extended its existing contract. State Street will serve as the preferred...
SIX Telekurs and TNS Intensify Collaboration to Target Growth in Asia
Financial information provider SIX Telekurs and Transaction Network Services, a global data connectivity provider, are intensifying their collaboration to source real-time market data from high growth financial centres in Asia. TNS will host communications between market data sources in Asia and SIX Telekurs? regional data centre in Singapore. Significant among the data sources are stock...