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What’s in a Name?
If there was one topic that dominated this week’s FIMA conference in London, it was the subject of legal entity identification. In line with the developments in the US around setting data standards at a regulatory level via the Office of Financial Research, Ken Price, CEO of the Depository Trust and Clearing Corporation’s Avox business,…
Euroclear’s de Pauw Talks up Corporate Actions Standards, T2S’ Ongoing Impact
International central securities depository (ICSD) Euroclear has been spending a lot of time recently consulting with its user groups about market best practices and standards and how it can improve its servicing of the corporate actions space, according to Edwin de Pauw, director of product management at the ICSD and CSD. This is only natural…
Q&A: CSI’s Emilio Mercado on the Release of MDAL
Emilio Mercado is director, financial services product & strategy at the Collaborative Software Initiative. IntelligentTradingTechnology.com talked to him about the recent release of MDAL – The Market Data Abstraction Layer – which has a goal of providing a single API to access market data across an enterprise, avoiding vendor lock-in. Q: Why is MDAL needed?…
Go East Young Man
They say timing is everything, so perhaps it was fortuitous that I managed to catch up with David Stanton – Cable & Wireless Worldwide’s man in Singapore – just a few days before news of Singapore Exchange’s interest in the Australian Stock Exchange hit the wires. But as I’ve noted here in the past few…
A Random Walk Down Brick Lane
Having spent some time last year at Equinix’s LD4 data centre in Slough for a piece in our A-Team Insight Quarterly magazine – and getting an exclusive preview of the LD5 facility, then under construction, I jumped at the chance last week to tour Interxion’s Brick Lane site. To paraphrase (badly) Camper Van Beethoven’s Take the…
Transaction Reporting to be Limited to Eight Categories of OTC Derivatives, New Common Data Standards on the Way, Says CESR
As part of the overall ongoing review of MiFID, the Committee of European Securities Regulators (CESR) has added further qualifications to the OTC derivatives that must be included in transaction reports and indicated that for these instruments further “common data standards” are incoming. This follows the consultation paper it released with regards to classification changes…
Behind the Scenes
One week to go before Sibos and, according to Swift’s figures from today, there are 7,489 delegates signed up so far. Let’s hope at least some of that number care about reference data; otherwise the utility panel on the first day might be a little quiet (apart from the panellists that is). And it is…
SRL Global Chooses SIX Telekurs for Pricing and Index Data
SRL Global, originally established as a trading and technology joint venture with Man Group Plc in 2007, now an independent specialist technology boutique offering its services to financial buy side institutions, recently signed an agreement with SIX Telekurs UK Ltd to take end of day pricing and index benchmark data for its NEXUS Enterprise Solution….
A Rethink, Redesign and Retool is Needed for Systemic Risk Monitoring, Contends JWG’s Di Giammarino
In order to be able to properly monitor systemic risk, the industry first needs to understand the gaps in the current data framework and then rethink, redesign and retool the method of controlling “the system”, according to PJ Di Giammarino, CEO of JWG. Speaking at the FS Club event on systemic risk last week, Di…
Opinion: New Wall Street Film Shows That Technology Never Sleeps
By Dr Giles Nelson, Deputy CTO, Progress Software The latest Wall Street movie – ‘Money Never Sleeps’ – opens with Gordon Gekko, the man who so famously stated “Greed is good” in the first film, being released from jail. It’s a comical scene, contrasting the technology of the ’80s to the tech of today as…