J.P. Morgan Investor Services Unveils Valuations for OTC Derivatives
J.P. Morgan Investor Services has launched a valuation service for over-the-counter derivatives. The new service will allow the custodian’s clients to value instruments ranging from vanilla interest-rate swaps to the most exotic structured derivatives. The service is based on Reech FastVal, a derivatives valuations and risk management system from SunGard Reech.
ValueLink to Offer EuroMTS Delayed Price Data
ValueLink Information Services is to offer delayed price information from the EuroMTS trading platform for European benchmark government bonds. The company has become the first to secure a delayed data license for from EuroMTS.
NFS Unveils Data Interface for Pricing Services
Nordic Financial Systems (NFS), a provider of technical and business integration services to the treasury industry, has launched Market Information Interface, which allows users of its Finance KIT to receive end-of-day pricing data from vendors including Reuters and Bloomberg for portfolio valuation and risk measurement purposes. According to NFS, MII – developed in conjunction with...
U.K. Asset Manager Insight Set to Go Live with Citadel’s Data Management Platform
U.K. asset management firm Insight Investment is about to go live with a reference data management infrastructure from Citadel Associates. The implementation will make Citadel’s Cadis the data management infrastructure underpinning Insight’s growing derivatives operations. Insight – formed through a merger of Halifax and Bank of Scotland, and the subsequent acquisition of Rothschild Asset Management...
Mark-it Partners Acquires Totem Derivatives Valuations
Mark-it Partners has agreed to acquire Totem Market Valuations, a provider of OTC derivatives consensus valuations. Mark-it hopes the combination of Totem’s valuations data will complement its own credit pricing and reference data services, helping clients meet increasingly stringent regulatory and accounting requirements. Tim Barker, CEO of Totem, will join Mark-it Partners’ management team as...
Mark-it Partners Taps Caplin for Price Collection, Dissemination
Credit pricing and reference data service Mark-it Partners has signed up to use Caplin Systems’ Liberator and Real Time Text Protocol (RTTP) systems to collect and redistribute streaming credit price information. The systems will collect prices from participating bank traders’ spreadsheets, deliver the data to the Mark-it Partners database for cleansing and aggregation, and then...
ADP Partners with RemitPro to Offer Client Verification
ADP Brokerage Services Group has introduced a customer identity verification system, integrated with the company’s Brokerage Processing Services (BPS) securities processing system. The client validation system is aimed at helping broker-dealers’ compliance and new accounts departments to verify their customers’ identities in accordance with the USA Patriot Act. The system was built using RemitPro’s Risk...
Martin Currie to Use ValueLink Pricing Service
Fund manager Martin Currie Investment Management, based in Edinburgh, has signed up to use daily pricing from ValueLink Information Services. The ValueLink data will be used to provide clients with price information while at the same time optimizing the firm’s own pricing operations. Martin Currie cited ValueLink’s stringent validation procedures as a factor in its...
FT Interactive Data Signs with Absreports.com for Evaluations Data
FT Interactive Data will make its asset- and mortgage-backed securities evaluations data available via Absreports.com, which provides contact, transaction and performance data for the European securitization industry. Under the arrangement, visitors to absreports.com can click on a link to access FT Interactive Data’s FTS desktop portfolio administration tool, which can be used to view more...
Eagle Underpins Core Businesses With Reference Data Plan
Eagle Investment Systems’ ReferenceManager platform is expected to play a strategic role in the company’s plans for 2004. In an interview with Reference Data Review, David Palten, president and chief executive officer, outlined the importance of the reference data management platform’s function in bringing together Eagle’s various application products, including those in the accounting, portfolio...