Westpac’s Putnam Joins QuIC to Head Biz Dev and Support in Asia
QuIC Financial Technologies, a global solutions provider of risk management, pricing and financial analytics, has appointed Mark Putnam to manage business development and support in the Asia Pacific region. Based in Sydney, Australia and reporting to the sales director North America and Asia, Putnam will focus on driving sales and forging strategic business relationships for...
Fincad Launches Software Development Kit for Pricing Analytics Integration
Fincad has launched a new software development kit that provides software vendors, banks and hedge funds with the ability to integrate Fincad analytics into new and existing systems. F3 SDK enables comprehensive measurement of the risk for all market data inputs at the trade or portfolio level. Built on a new object oriented architecture, F3...
EuroMTS Adds More Data and Functionality to Reference Data Platform
European fixed income securities marketplace, EuroMTS, has added more data and functionality to its online reference data platform, which it launched in collaboration with Exchange Data International (EDI) in October last year. The offering, aimed at providing descriptive, non-real-time information relating to all bonds listed on the MTS Markets, now features MTS Time Series data,...
Interactive Data Adds New Market Data Report to Assist FAS 157 Compliance
Interactive Data’s Pricing and Reference Data business has broadened its Evaluated Services capabilities for clients with the launch of a new monthly market data report. The new offering is aimed at helping clients prepare for fair value measurements under the Financial Accounting Standards Board’s (FASB) Staff Position (FSP) FAS 157-4. FSP FAS 157-4 provides additional...
Transparency and Independence are Key to Providing Valuations, Says Citi’s Boyd
Roger Boyd, global head of Citi’s Complex Pricing Group (CPG), speaks to Reference Data Review about recent events in the market and how his firm has dealt with the complex area of valuations and counterparty pricing. Much like the rest of the financial services community, the last couple of years have been tough for Citi....
Transparency and Wider Compliance Requirements are Important in Valuations Risk Management, Says Thomson Reuters’ Clements
Firms need to look beyond merely marking to market and examine the wider implications of valuation risk on their business, according to a recent report by Thomson Reuters and Aite Group. Transparency is key to this endeavour and this relates to underlying security data and embedded credit and systemic risk, as well as pricing, explains...
Pricing Partners Adds New Models for Commodities Valuations
Valuations vendor Pricing Partners has upgraded its existing commodity module with the release of the new Gabillon and Gibson Schwartz model. The vendor claims it now able to better calibrate and price a wide range of commodity related derivatives, in spite of market volatility. The Gabillon model and the Gibson Schwartz model are market standard...
Quantifi Adds Intel Multi-Core Capabilities to its Pricing and Risk Management Offering
Quantifi, a provider of pricing and risk management solutions, has optimised its software suite for Intel multi-core technology. According to the vendor, this new development enables faster calculations and increased scalability without additional cost by leveraging the power of modern multi-core CPUs. “We recognise that in today’s environment, clients need robust analytics that can work...
Goldman’s Blankfein Praises Mark to Market Accounting as Early Warning Signal
Despite the market’s apparent aversion to mark to market accounting, Lloyd Blankfein, CEO of Goldman Sachs, this week spoke about the benefits of the rules, which he said could have provided an “early warning” of the financial crisis. Speaking at the annual International Organisation of Securities Commissions (IOSCO) conference in Tel Aviv, Blankfein said the...
Numerix Launches New Version of Cross Asset Analytics Libraries and Excel Add-ins
Numerix has launched a new version of its cross asset analytics libraries and Excel add-ins, which includes a new commodities module. Numerix 7.5’s new commodities module allows for the pricing, valuation and risk analysis of commodity futures, swaps, and options, both single-name and basket trades, says the valuations solution vendor. Steven O’Hanlon, president and COO...