Pricing Partners Provides Local Support in Hong Kong
Pricing Partners will provide local support to its Asian clients based out of Hong Kong and respond to the increasing requirements of independent valuations for financial derivatives and structured products. Following a distribution agreement in Hong Kong and a new office in Singapore, Pricing Partners continues to effectively provide permanent local support and quantitative expertise...
BNY Mellon Asset Servicing Enhances Reporting Capabilities for Derivatives and Fair Value Requirements
BNY Mellon Asset Servicing, the global leader in securities servicing, has enhanced its Workbench reporting platform to assist institutional clients comply with recent rule changes related to derivatives accounting and disclosure in international markets. These changes are being driven by updates to Governmental Accounting Standards Board (GASB) Statement No. 53, Accounting and Financial Reporting for...
Interactive Data’s D’Arcy Hints at Closer Tie up with SunGard as a Result of Private Equity Buy Out
Following yesterday’s private equity buy out of Interactive Data, speculation about what the future may hold for the number three data vendor has rippled across the industry. Speaking to Reference Data Review, president and CEO of Interactive Data Ray D’Arcy indicates that in the short term the vendor will benefit from much closer relationships with the...
FRSGlobal Developing World’s First Theoretical Foundation for Fair Value Pricing of Emission Linked Derivatives
FRSGlobal today announced that it is working with the Institute of Data Analysis and Process Design of Zurich University of Applied Science (ZHAW) to create the world’s first theoretical foundation to gauge fair value pricing of emission linked derivatives contracts. This CTI project is being led by Professors Wolfgang Breyman (ZHAW) and Jury Hinz (National...
Private Equity Wins the Day with US$3.4bn Acquisition of Interactive Data; Breakup on the Cards?
As predicted by Reference Data Review back in January, the likeliest candidate out of Interactive Data’s array of potential suitors has stepped up to acquire Pearson’s stake in the business and the common stock from shareholders for a total of US$3.4 billion. Private equity houses Silver Lake and Warburg Pincus are equal equity partners in...
S&P Valuation and Risk Strategies Expands Coverage Beyond Rated Universe with Quantitatively Derived Corporate Credit Health Assessments
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 credit evaluation benchmark on its Global Credit Portal investor analytics platform. Called the Credit Health Panel, the new feature provides...
Brace Co-author of the BGM Model Joins Numerix Quantitative Advisory Board
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, today announced that Alan Brace, co-developer of the BGM model, has joined the Numerix quantitative advisory board. Brace is a co-author of the Brace-Gatarek-Musiela (BGM) model, also known as the Libor market model (LMM), which was proposed in a paper “The market model...
US Federal Home Loan Banks Live on Principia Structured Finance Platform for 15 Years
Principia Partners, a solution provider for the management and administration of structured finance investments, today announced that the US Federal Home Loan Banks (FHLBanks) of Atlanta, Boston, Cincinnati, Des Moines and New York have now been successfully using the Principia Structured Finance Platform (Principia SFP) for 15 years. The five regional home loan banks, which...
Bank Bukopin Selects FRSGlobal’s IFRS solution
FRSGlobal today announced that Bank Bukopin has selected FRSGlobal’s International Financial Reporting Standards (IFRS) solution. The deal was signed in collaboration with associate partner PT Nexia Indonesia Advisory Services (PTNIAS) – a partnership that was formed as part of FRSGlobal’s commitment to the Indonesian market. Tri Joko Prihanto, finance and planning director of Bank Bukopin,...
SIX Telekurs’ Raskin Explains Details Behind Acquisition of CSV’s Illiquid Instrument Pricing Business
In line with the current boom in the valuations sector, last week SIX Telekurs acquired the evaluated pricing business of niche player CSV in order to boost its offering at the more illiquid end of the instrument pricing spectrum. Barry Raskin, managing director of SIX Telekurs in the Americas, speaks to Reference Data Review about...