About a-team Marketing Services

A-Team Insight Blogs

Erste Group Appoints CMA DataVision for CDS Valuations, Risk Management and Trading Support

Subscribe to our newsletter

CMA, the credit information specialist, today announced that Erste Group Bank AG, one of Central & Eastern Europe’s largest financial services groups, has selected CMA DataVision to provide independent CDS price verification for use across their Valuations, Risk and Trading departments.

Harald Müller, Head of Structuring & Credit Markets at Erste Group, commented “We looked at a number of credit data vendors but DataVision’s flexibility, its value-for-money and the quality of service and support we received from CMA really set them apart. Using DataVision across our risk, trading and valuation teams ensures we have a consistent, accurate and independent view of the credit markets so we can more efficiently manage risk and monitor performance across our organisation.”

CMA DataVision is a high quality, same day, consensus based price verification data service for CDS, Indices and Tranches, used primarily for mark-to-market, flash P&L, research and analytics. It is sourced from 30 buy-side firms including leading Hedge Funds, Asset Managers and the buy-side desks of global Investment Banks.

Laurent Paulhac, CMA’s CEO, said “Robust risk management and greater operational efficiencies are high on the agenda of financial firms worldwide and accurate, timely data is an essential ingredient for achieving these goals and we are delighted that Erste Group has endorsed DataVision’s buy-side contribution model from the various options available to them.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to optimise SaaS data management solutions

Software-as-a-Service (SaaS) data management solutions go hand-in-hand with cloud technology, delivering not only SaaS benefits of agility, a reduced on-premise footprint and access to third-party expertise, but also the fast data delivery, productivity and efficiency gains provided by the cloud. This webinar will focus on the essentials of SaaS data management, including practical guidance on...

BLOG

SmartStream Adds Exchange Notification Services to Reference Data Utility

SmartStream Technologies, provider of the Reference Data Utility (RDU), has released an Exchange Notification Service (ENS) designed to track, consolidate and normalise reference data notifications published by exchanges. The service was developed in partnership with clients and extends the services of the RDU, which offers a managed service for vendor-sourced reference data. With more than...

EVENT

Buy AND Build: The Future of Capital Markets Technology, London

Buy AND Build: The Future of Capital Markets Technology London on September 19th at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...