Sophis Appoints Al-Chaer to Lead World Class Training Programme
Sophis, a provider of cross asset, front to back portfolio and risk management solutions, today announced that it has appointed Jihad Al-Chaer to head up its Sophis Institute training programme. Sophis Institute will be formally launched in the second half of 2010 and will act as a centre of excellence for training across the Sophis...
Misys and Numerix Expand Global Partnership to Bring Further Innovation in Financial Instrument Creation
Misys, a global application software and services company and Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, today announced the expansion of their global partnership and distribution agreement. The two companies have been working closely together as partners since 2001 with more than 50 shared customers as a result. The extended...
Interactive Data Expands Capabilities of Interest Rate Swap Valuation Service
Interactive Data Corporation today announced that its Pricing and Reference Data business has broadened the capabilities for its interest rate swap valuation service. This service assists clients by providing information they can use to help efficiently value their portfolios containing these over-the-counter (OTC) derivatives. The service has added coverage of swaps in the following seven...
Interactive Data Expands Evaluated Pricing Offerings
Interactive Data Corporation, a provider of financial market data, analytics, and related solutions, today announced that its Pricing and Reference Data business has broadened its evaluated pricing offerings for clients. Recent enhancements to the evaluated pricing coverage include: New evaluations coverage: for more than 10,000 fixed income instruments in the past month, including newly-issued securities...
RBC Dexia Survey Indicates That 64% of Italian Asset Managers Planning to Invest in Risk Management
The Italian asset management community is well apprised of the risk management challenges it faces as a result of the incoming Bank of Italy rules relating to these firms’ governance structures, but it still has a long way to go before it is ready, according to a recent survey conducted by custodian bank RBC Dexia....
BNL Vita Selects SunGard’s FastVal for Independent Valuation of Complex Derivatives
BNL Vita, an Italian banking insurance company that specialises in the life sector, has selected SunGard’s FastVal, an independent valuation service for vanilla and complex over-the-counter (OTC) derivatives, to independently value its client’s portfolios. FastVal 3.0, which is delivered on an ASP basis, will help BNL Vita increase its operational efficiency when valuing complex OTC...
Volante Extends Messaging Support in FX Data and Settlements
Volante Technologies today announced its expansion in the foreign exchange messaging world with the availability of high-speed integration technology for price data from the Currenex ESP, as well as an integration model for the CLS settlement environment. Originally developed to integrate Currenex Executable Streaming Price (ESP) data into the low-latency data management architecture of a...
GlobeOp NAV Transparency Report Offers Independent Governance Data to Hedge Fund Investors
GlobeOp Financial Services, has launched the GlobeOp NAV Transparency Report to help fund managers provide investors with greater visibility into the monthly calculation of a portfolio’s net asset value (NAV). “Fund managers recognise that good governance attracts further investment,” said Tony Glickman, global head of Risk Services at GlobeOp. “Pension funds and other institutional investors,...
Markit Adds Commodities to Portfolio Valuations Service
Markit, a global financial information services company, today announced it has extended the range of instruments covered by its Portfolio Valuations service to include commodities. The addition of commodities is a major milestone in Markit’s ongoing programme to develop a comprehensive, independent valuations service. Markit now provides valuations for commodity derivatives such as forwards, swaps...
CMA Finally Fills CEO Role with Appointment of Ex-Icap MD Kohler
Following the announcement of the departure of outgoing CEO Laurent Paulhac in September last year, credit derivatives data provider Credit Market Analysis (CMA) has spent the last nine months looking for a suitable replacement. This week, the vendor announced it has finally found such an individual in the form of ex-Icap managing director Antoine Kohler....