Data Management Insight Blogs The latest content from across the platform
Interactive Data Increases Transparency of Evaluated Pricing to Decrease Risk
Interactive Data has upgraded its Vantage web application for evaluated pricing transparency to Version 2.0. The upgrade offers a significant expansion of instrument coverage, from 125,000 securities in Version 1.0 to 2.8 million in Version 2.0, and improved compliance and risk management through greater transparency of the firm’s evaluated pricing in the fixed income market.
Pricing Partners Meets Demand for Valuation of Proprietary Indexes
Pricing Partners is meeting growing interest in unstructured products with valuation services for proprietary indexes created by banks to support investment in risky and non-risky assets, while making trading rules transparent to investors. The company’s valuation services for proprietary indexes went live last month and it is already working with a handful of Tier 1…
Stop Press: Markit Buys Data Explorers
Markit has acquired securities lending data specialist Data Explorers, from owners Bowmark Capital, a mid-market private equity firm. Terms weren’t disclosed. By combining Data Explorers’ data set with its own products and services, Markit plans to develop new offerings allowing clients to optimise their use of collateral. Markit will also develop products for equity market…
State Street Offers Entity Exposure Monitoring Across Asset Classes
State Street’s Entity Exposure Monitor Service went live this week, giving asset owners and managers a view of how much financial exposure they have to each legal entity they do business with or have in their portfolios. As well as being available immediately, the service plays into forthcoming US and European regulation on legal entity…
Taking Stock – The True Cost of Data
By David Renn, Principal Consultant, Citisoft The size of the data spend in financial services is astounding, but even more incredible is the lack of transparency and knowledge around these costs. Citisoft believes that the true cost of ownership of data is often unknown, inaccurate or poorly calculated. At a time when regulatory, client due…
S&P Capital IQ Invests to Bolster Valuation and Pricing Services
S&P Capital IQ has upgraded its fixed income transparency solution by reconfiguring and adding content and functionality to the platform behind its Valuation and Data portal. The upgraded service is intended to help users improve risk management while meeting accounting and regulatory requirements for independent and transparent valuations. The enhanced service was rolled out to…
Andrew’s Blog – It’s All About Risk (Data)
This week sees the release of an industry briefing we prepared for Sybase entitled ‘Managing Risk Data in the Siloed Enterprise’. I’ll be presenting the key findings at an event in London on Tuesday, where I’ll be joined by a group of risk managers and data architects – as well as Sybase’s Stuart Grant, IDC…
Bloomberg Open Symbology Gains Traction with Take-Up by Finra
Bloomberg’s addition of the Financial Industry Regulatory Authority (Finra) to a growing list of organisations recognising and using its open symbology offers financial firms another step along the way to using open rather than proprietary symbologies designed to improve market connectivity and transparency, while reducing users’ costs. Broker-dealers registered with Finra are required by the…
XSP Extends Market Reach of Automated Corporate Actions Solution
XSP is extending the market reach of its automated corporate actions solution through a deal with technology services provider Broadridge Financial Solutions and a cloud-based version of its software. Under the terms of the Broadridge deal, Broadridge will offer XSP v5 as an integral element of its hosted applications service provider platform, as a service…
Societe Generale Securities Services Supports Emergence Seed Capital Fund
Emergence, the first seed capital fund introduced in France with support from Paris Europlace, has selected Societe Generale Securities Services (SGSS) to provide valuation and trustee services to NewAlpha Asset Management, the fund’s financial manager and selector of small asset managers that will form the fund. Emergence was created on January 19 as an initiative…