Thomson Reuters Expands Fixed Income Valuation Offering with New CLO Pricing Capability
Thomson Reuters announced today the launch of a new Collateralised Loan Obligation (CLO) evaluated pricing service, delivered via DataScope Select, its strategic distribution platform for non-streaming global content and pricing. This new pricing capability will provide end-of-day valuations for global cash CLOs, including both broadly syndicated and middle market deals, and give investors greater transparency...
SIX Telekurs White Paper: Transparency in Evaluated Pricing
In an effort to help bring clarity and understanding about transparency in evaluated pricing, SIX Telekurs is pleased to announce the release of a new white paper that describes our thoughts and practices. The paper will be discussed publicly for the first time in a workshop at the upcoming A-Team “Data Management for Risk, Analytics...
More Formal Management of Instrument Valuation Needed, Says Xenomorph
Xenomorph, the analytics and data management solutions provider to global financial institutions, has today released its white paper “Instrument Valuation Management: management of derivative and fixed income valuations in a multi-asset, multi-model, multi-data source and multi-timeframe environment”. The white paper expands on the “Rates, Curves and Surfaces – Golden Copy Management of Complex Datasets” white...
ISDA Raises Concerns About Representation of Liabilities in Recent FASB/IASB Exposure Draft
The International Swaps and Derivatives Association (ISDA) has raised its concerns about the representation of an entity’s financial position, solvency, and exposure to credit and liquidity risk in the proposals in the Financial Accounting Standards Board (FASB) and International Accounting Standards Board’s (IASB) recent exposure draft on the offsetting of financial assets and financial liabilities....
ICBC Asia Moved to Pricing Partners’ Derivatives Pricing Analytics to Enhance its Flow Derivatives Activities
Pricing Partners announced today that Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)), the flagship of Hong Kong banking business of Industrial and Commercial Bank of China Limited, the world tier one bank, selected Pricing Partners’ derivatives analytics, Price-it Excel to enhance its flow derivatives desks activities. The agreement was signed through its...
Pricing Partners Provides Smoother and Faster Greeks for its PDE Engine
Pricing Partners announced today to enhance its derivatives pricing library with smoother and faster Greeks for its PDE engine. In an effort to provide faster and smoother Greeks for its generic PDE engine, Pricing Partners has recently enhanced its generic PDE grid engine equipped with on-the-fly Greeks calculations with a fixed grid. This accelerates substantially...
SEC Proposes Amendments to Remove Credit Ratings References in Several Rules Under the Exchange Act
In keeping with its ongoing crackdown on the credit ratings agencies, the Securities and Exchange Commission (SEC) has this week voted unanimously to propose amendments that would remove references to credit ratings in several rules under the Exchange Act. This is all part of the requirements contained in Dodd Frank to remove references to credit...
Quantifi to Provide Leading ASEAN Investment Bank Pricing and Analysis Solutions
Quantifi, a provider of analytics, trading and risk management solutions for the global capital markets, today announced that CIMB Group’s investment banking division has selected its pricing and risk analytics solutions, Quantifi XL, to support its expanding operations. CIMB Group is Malaysia’s second largest financial services provider and one of Southeast Asia’s leading universal banking...
S&P Increases Value Added Content on ABSXchange and Announces 25 New Clients
S&P’s structured finance analytics platform, ABSXchange, has undergone a number of improvements designed to aid market participants’ analysis of their ABS and RMBS portfolios. These improvements will allow clients to run projections against forecasted index rates; view the formulae used in calculated benchmarks including underlying values; aggregate asset valuation metrics such as price and yield...
Interactive Data Provides Tokyo Stock Exchange With Indicative Valuations For Exchange Traded Funds
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that it is providing indicative optimised portfolio values (IOPVs) for exchange traded funds (ETFs) to the Tokyo Stock Exchange (TSE). Interactive Data will be calculating the IOPVs using its Basket Calculation Service on behalf of the TSE. The Basket Calculation...