About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SIX Telekurs Bolsters its Evaluated Pricing Service

Subscribe to our newsletter

Following the acquisition of the evaluated pricing business of CSV Incorporated in April, SIX Telekurs is continuing to develop this strategic part of its business by forming a focused business unit and adding several senior staff resources, including some new hires.

“Evaluated Pricing is a strategic focus for SIX Telekurs, and we are deeply committed to further developing our capabilities in this important area”, says Bruno Burlon, former Chief of Staff of SIX Telekurs. Burlon now heads the company’s newly formed Evaluated Pricing business unit, which combines the CSV operations, the previously existing Fair Value Pricing product and a range of third party evaluations sources. This reorganization is intended to streamline SIX Telekurs’ evaluated pricing processes and offering, allowing the company to enhance its focus and co-ordination.

Burlon continues, “We intend to grow this business, and we continue to invest in it. One of the key investments in this area is in experienced evaluations staff so that we can be even more responsive to our customers as their needs change and evolve.”

The first of these hires is Ian Blance, who is responsible for the business development of the new unit. Blance has 20 years experience in the valuations business. He spent three years as an independent consultant following a 12 year career at Interactive Data, where he set up the firm’s international evaluations business in London and went on to run the global operations in New York.

Blance says, “I am very excited about working to develop SIX Telekurs’ evaluated pricing business. Recent global developments mean that any financial institution looking for a robust, consistent and compliant valuation solution will have to consider evaluations for at least some portion of their holdings, and SIX Telekurs, with its global scale and extensive reference data capabilities, is in a very good position to meet this requirement.”

As part of this restructuring, Perry Beaumont, previously President of CSV Incorporated, has become Head of Evaluated Pricing Research & Development for SIX Telekurs, reporting to Burlon. Perry has more than twenty years of professional experience, having devoted his career to a variety of different aspects of successfully delivering quantitative solutions, from both an academic and practitioner’s viewpoint. In addition to being a member of the MBA faculty at SIX Telekurs bolsters its Evaluated Pricing Service Fordham University, he is the author of highly regarded books in the quantitative arena as well as numerous articles. He is a frequent speaker at quantitative forums in and has also appeared on CNBC and in the national press. Perry’s contributions have been recognized with a number of professional and academic distinctions and awards.

”One of the clear lessons learned in the wake of the global credit crisis is that the markets need independent, transparent and auditable evaluations for all hard-to-value securities, regardless of whether the security is complex or simply illiquid”, says Beaumont. “To address the full spectrum of client pricing requirements, the SIX Telekurs Evaluated Pricing Service brings together best of breed services for everything from investment grade fixed income to highly complex structured instruments and derivatives based on a wide variety of underlying security types. Our heightened focus on evaluated pricing is in direct response to the increasing level of market demand and awareness.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The challenges and potential of data marketplaces

Data is the lifeblood of capital markets. It is also a valuable commodity providing financial institutions with additional insight when gathered in an internal data marketplace, or packaged and sold externally to other institutions. While the theory is sound, the practice of setting up a data marketplace can be challenging. Internally, vast amounts of data...

BLOG

Cboe Global Markets Selects Snowflake for Next Leg of Journey to Cloud

Cboe Global Markets is working with Snowflake to migrate its corporate data and analytics from on-premises systems to the cloud. The adoption of Snowflake’s data cloud continues Cboe’s journey to cloud and is expected to transform the company’s data and analytics infrastructure into a modern cloud architecture, bringing speed, scalability, and efficiency to its handling...

EVENT

TradingTech Summit London

Now in its 12th year the TradingTech Summit London brings together the European trading technology capital markets industry, to explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...