Syntel Launches Pricing Services for Capital Markets, New Service Offering Powered by Numerix
Syntel, a global information technology services and knowledge process outsourcing (KPO) company, today announced that it will begin providing independent pricing services to the company’s global buy side and sell side clients. Syntel will utilise Numerix’s cross-asset pricing and risk analytic technology to power the new offering. Syntel will also combine Numerix CrossAsset models and...
Auris Gestion Privee Chooses Pricing Partners for the Independent Valuation of its Structured Products
Pricing Partners announced today that Auris Gestion Privée has selected the Price-it Online platform for the independent valuation of its structured products. Marc de Saint Denis, chairman of Auris Gestion Privée, commented: “Our company had been looking for a reliable and recognized solution for some time now. After carefully evaluating several tentative solutions, we have...
CEBS Produces Advisory Paper on Liquidity Cost Benefit Allocation to Support New Risk Requirements
In order to assist the European financial services community in its attempts to improve liquidity risk management, the Committee of European Banking Supervisors (CEBS) has published a new consultation paper on how to go about producing an effective allocation mechanism for liquidity costs, benefits and risks, CP36. The recommendations are aimed at providing firms with...
Voras Capital Management Selects Sophis Value as Technology Backbone for Newly Launched Hedge Fund
Sophis, a provider of cross asset, front to back portfolio and risk management solutions, today announced that Voras Capital Management, a recently launched global hedge fund, has licensed Sophis Value for front to back office portfolio and risk management for its global trading operations. The system will support its planned strategy of investing in a...
Data Management Could Learn from Performance Measurement Standardisation, Suggests Robeco’s Reiners
The data management community could potentially learn a lot about standardisation from the world of performance measurement, suggested Corné Reiners, head of both FSC performance measurement and data management at Robeco Asset Management, to delegates to TSAM in London this week. A lot of cooperation has been achieved within the area of performance measurement between...
Tullett Prebon’s Humphrey Discusses Details Behind OTC Val Acquisition
Last week, interdealer brokerage firm Tullett Prebon announced it had entered into an acquisition agreement for an undisclosed amount with derivatives valuation services provider OTC Valuations (commonly known as OTC Val). Paul Humphrey, CEO of Tullett Prebon’s Electronic Broking and Information division, explains to Reference Data Review that the acquisition is all part of the firm’s...
Tullett Prebon Expands into Valuations Services with Acquisition of OTC Valuations Ltd
Tullett Prebon plc, an inter-dealer broker, today announces the acquisition of OTC Valuations Ltd, a provider of independent derivatives valuation services. In an environment of increasing compliance and corporate governance requirements, OTC Valuations delivers a highly valuable service to clients, providing accurate, complete, timely, and independent pricing of derivatives portfolios. OTC Valuations, with its significant...
Kinetic Partners Recruits Szylar from RBS, Focuses on Modular Approach to Enterprise Risk Management
Kinetic Partners has added a new face to its team, ex-RBS Portfolio Risk Services MD Christian Szylar, to lead the vendor’s efforts in the risk modelling and valuations space. The vendor has been stepping up its approach to the market by touting its modular approach to risk management as a more practical way to meet...
Pricing Partners Releases the Multi Curve Method to Account for Market Dislocation in Interest Rates
Pricing Partners announced that the Price-it Library now supports the Multi Curves Method on yield curves to account for market dislocation in interest rates. This announcement comes at a time when the spreads between EONIA, EURIBOR 1M, 3M, 6M and 12M have become major concerns, diverging from a few basic points to about a hundred...
SuperDerivatives Chooses Fitch Solutions for CDS Pricing
Fitch Solutions, a division of the Fitch Group, is pleased to announce that SuperDerivatives (SD), the derivatives pricing benchmark and leading multi-asset front office system, has chosen Fitch’s CDS Pricing Service to further strengthen its existing credit derivatives valuation solutions. “As credit markets have evolved, CDS have become an integral part of the investment and...