SIX Telekurs Partners with Inforex to Increase its Market Presence in Greece
SIX Telekurs and Inforex, an official data vendor of the Athens Stock Exchange, have signed an agreement to pursue a common growth strategy in the Greek market. The agreement enables Inforex to offer international financial market data drawn from the products and the unique database of SIX Telekurs. Elena Pateropoulou, managing director of Inforex, comments,...
Xenomorph Extends Local Technical Support Capability in Asia Pacific
Xenomorph, the analytics and data management solution provider to global financial institutions, extends local technical support capability to Australia and the Asia Pacific time zone with the relocation of two senior employees from the UK to Australia. Chris Budgen, chief technical architect and founding director, and Irina Taran, senior developer, have moved to Melbourne and...
US Continues to Drag its Heels with Regards to a Decision on the Move to IFRS
In spite of the noises made last year by US regulators with regards to moving towards adopting International Financial Reporting Standards (IFRS), the US regulatory community has thus far failed to commit to a timeline for adoption or even indicate whether it is likely to move to the international accounting standards at all. In June...
Interactive Data Awarded Second Patent For Fair Value Pricing Of An Asset
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that it has been granted a second patent by the US Patent and Trademark Office for the fair value pricing of a financial asset. This patent extends this business process generally to securities that are not actively trading in a...
2011 US GAAP and SEC Taxonomies Available
The 2011 US GAAP Taxonomy and related taxonomies maintained by the SEC are now available, and companies may submit their interactive data filings to EDGAR using these taxonomies. A listing of all taxonomies available for use, including the 2011 US GAAP taxonomy, is located at http://www.sec.gov/info/edgar/edgartaxonomies.shtml. The EDGAR validation and Previewer have been updated to...
Princeton Financial Optimizes Data Management of Hauck & Aufhaeuser in Record Time
Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG), a service provider for the conception and administration of funds, needed to replace their fund accounting system while maintaining operation of all business-critical systems. Due to Princeton Financial® Systems? (PFS) extensive experience in this area, they successfully supported HAIG in this project and simultaneously established a system architecture...
Daewoo Securities Selects Pricing Partners’ Financial Analytics Solutions
Pricing Partners announced today the signing of Daewoo Securities, the largest stock brokerage and investment banking firm in South Korea, as the its first South Korean client. The agreement was signed through its regional partner Belatos. Under this groundbreaking agreement, Daewoo Securities will deploy Pricing Partners’ entire financial pricing and analytics solutions, Price-it Library suite...
Pricing Partners Extended Multi-Curve Pricing to Major Currencies
Pricing Partners, a derivatives independent valuation and mathematical models and pricing analytics provider, announced today to improve its multi-curve pricing to major currencies. This announcement comes at a time when the market dislocation between the three month and the six month curves for all major currencies widen from a few basic points to a few...
CITIC Prudential Fund Management Company goes live with HiPortfolio
DST Global Solutions, a provider of investment management software and services, today announced that CITIC Prudential Fund Management Company has gone live with the HiPortfolio Asset Servicing solution, to strengthen its fund accounting operations. CITIC Prudential Fund Management Company is an asset management joint venture between the UK’s Prudential Group and China’s CITIC Group. Rock...
Hauck & Aufhäuser Investment Gesellschaft S.A. in Luxembourg Goes Live with Profidata’s XENTIS
n December 2010, Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG) in Luxembourg successfully went live with XENTIS, the fully integrated Investment Management System of the Swiss software provider Profidata, to support their sophisticated Fund Accounting needs. The implementation project started in February 2010, and by August, the first funds were migrated from the legacy system...