GFI FENICS Appoints New Head of Quantitative Research
GFI Group’s FENICS has appointed Julian Cook as head of quantitative research. In his expanded role, Cook will now be responsible for devising and executing GFI FENICS’ ongoing maths strategy. This will include proprietary models as well as the ongoing relationships with third-party model providers. Cook will also oversee bespoke projects for clients, ensuring that...
S&P Valuation and Risk Strategies Develops New Benchmark Scoring Methodology to Evaluate Corporate Bonds
S&P Valuation and Risk Strategies, an independent and analytically separate business unit within Standard & Poor’s that provides users with market intelligence and analytic insight for risk driven investment analysis, announced the launch of a new evaluation benchmark on S&P’s Global Credit Portal investor analytics platform. The new Risk-to-Price scoring methodology is intended to help...
Swaps Financial Group is First to Pilot Principia Partners’ SaaS Platform, Long is Hopeful of its Appeal for Smaller Players
Structured finance and derivatives solution specialist Principia Partners has just launched its new software as a service (SaaS) platform for valuations and risk management, following a year of development with early adopter US derivatives advisory firm Swaps Financial Group. The new delivery model is targeted at the smaller end of the financial institution spectrum and...
Silver Lake and Warburg Pincus Complete Interactive Data Acquisition, Watch This Space for Strategic Restructuring…
Following three months of crossing Ts and dotting Is, private equity firms Silver Lake and Warburg Pincus have finally completed their acquisition of data vendor Interactive Data. As per the terms agreed back in May and within the third quarter deadline that was set, the vendor’s stock will cease to be traded on NYSE and...
Principia Deploys Web Platform for Independent Valuation and Risk Surveillance of Investments and Derivatives
Principia Partners, a provider of software for the management and administration of structured finance investments today launched a software as a service (SaaS) version of Principia SFP. The valuation, investment analysis and risk surveillance platform is now accessible as an integrated web-based service to manage vanilla and structured derivatives, as well fixed income and structured...
Quantifi Releases Version 9.4 to Address Market, Operational and Regulatory Changes
Quantifi, a provider of analytics, trading and risk management solutions to the global capital markets, today announced the release of the latest version of its pricing and risk analysis software. Version 9.4 (V9.4) includes several groundbreaking new features. Rohan Douglas, CEO of Quantifi, says, “With the passage of the Dodd-Frank bill in the US and...
Fitch Solutions Appoints BNY Mellon’s Smith to Head its Research Services Group and Boost US Presence
As part of its wider push into the world of financial data services, Fitch Solutions has added ex-BNY Mellon fixed income head Neil Smith to lead the efforts of its Research Services group. Smith, who joins as managing director of the group, will be based in New York and report to Fitch Solutions head Thomas...
Sapient Global Markets Partners with Numerix to Provide Integrated Pricing and Analytic Solutions for the Financial and Commodities Markets
Sapient Global Markets, part of Sapient and a provider of services to today’s institutional financial and commodity markets participants, and Numerix, a provider of cross asset analytics for derivatives valuations and risk management, today announced a global partnership agreement to provide combined capabilities to clients of both organisations. From front office to back, Numerix analytics...
Pricing Partners Becomes the Provider of Derivatives Revaluation for Leading American Investment Bank
Pricing Partners announced today that one of the two leading American investment bank, that wished to remain anonymous, chose its internet derivatives valuation platform Price-it Online to provide independent revaluation for its equity and interest rates derivatives. Eric Benhamou, CEO of Pricing Partners adds: “Becoming the provider of independent valuation for a one of the...
Marketing Manager Mott Departs CMA, Mazzone Assumes Duties
It seems to be the season for people moves; what with the changes going on at Xtrakter and this week’s departure of Credit Market Analysis’ (CMA) marketing manager Simon Mott. After two and a half years at the credit derivatives data provider and a month after the management changeover from outgoing CEO Laurent Paulhac to ex-Icap...