Data Management Insight Blogs The latest content from across the platform
Shakeup Continues at S&P, as President Sharma Indicates Citi’s Peterson Will Take Over Next Month
Standard & Poor’s president Deven Sharma, who has recently overseen the internal restructuring of the credit agency and data vendor into two separate businesses, has indicated that next month he will be handing over his responsibilities to Douglas Peterson, who is currently chief operating officer of Citibank. Sharma will stay on in an advisory capacity…
Xtrakter to Offer New FSA Reporting for Derivatives Trades
Xtrakter, a leading provider of capital market data, trade matching and regulatory reporting, is now reporting derivative transaction data for clients to the UK’s Financial Services Authority (FSA) using a newly implemented industry format – the Alternative Instrument Identifier (Aii). In compliance with MiFID, the use of Aii for transaction reporting across Europe for derivatives…
Lloyds Banking Group (LBG) Renews and Extends Strategic Outsourcing Contract with State Street
State Street Corporation, one of the world’s leading providers of financial services to institutional investors, announced today that Lloyds Banking Group (LBG) through its Life, Pensions and Investments business (Scottish Widows) and its Asset Management business (Scottish Widows Investment Partnership (SWIP) has renewed and extended its existing contract. State Street will serve as the preferred…
SEI Introduces Functionality to Support UCITS IV Requirements
SEI announced today the launch of new tools designed to assist investment managers in meeting mandatory requirements under the Undertakings for Collective Investment in Transferable Securities IV (UCITS) Directive. SEI has developed an online solution to simplify the production and servicing of the required Key Investor Information Document (KIID), while also enhancing its portfolio compliance…
Broadridge Releases the First Mobile ProxyVote Platform to Canadian Shareholders Who Can Now Vote on Smart Phones and Other Mobile Devices
Proxy voting moves to the next generation of advanced technology with today’s announcement by Broadridge Financial Solutions, that its ProxyVote.com platform will now be available on mobile data devices such as smart phones and tablets for Canadian shareholders. Twenty million proxy votes were recorded through ProxyVote.com for the 12 months ended June 30, 2010. ProxyVote…
Sapient Global Markets’ Szybillo Backs Swift and DTCC as FX Trade Data Repository Providers
Swift and the Depository Trust and Clearing Corporation (DTCC) are pursuing a number of opportunities within the data infrastructure sphere, one of which is the establishment of a new global FX trade data repository. The idea has found favour with a number of industry associations and Alicia Szybillo, senior manager of Sapient Global Markets, reckons…
Who’s Certified to Operate as a Credit Ratings Agency in Europe?
As part of the regulatory crackdown on ratings agency in the post-crisis financial markets environment (and in accordance with Article 18(3) of the Credit Rating Agencies Regulation), the European Securities and Markets Authority (ESMA) is required to publish a list of all credit ratings agencies that have been registered or certified to operate in the…
SunGard Appoints Leslie Barbagallo to Lead Energy and Commodities Business
SunGard has appointed Leslie Barbagallo as the chief operating officer for its Energy and Commodities business, with responsibility for SunGard’s energy trading and risk management (ETRM) solutions, data management and related compliance and consulting solutions. Ms. Barbagallo has been with SunGard for seven years in a range of management responsibilities for energy, commodities, compliance and…
HSBC’s Treacher Reckons Swift’s ISO Standards History Will Stand it in Good Stead for LEI Issuance
Marcus Treacher, head of e-commerce and client experience for HSBC’s Global Transaction Banking division, is a key supporter of Swift’s ambitions in the securities space and reckons its experience of ISO standards in other areas of its business will be beneficial in its role as the potential issuer of a new legal entity identification standard….
Northern Trust Helps Clients Navigate the Foreign Account Tax Compliance Act (FATCA)
As part of its commitment to helping institutional clients manage the evolving regulatory landscape, Northern Trust hosted a webinar on 9 August 2011 that explored the impact of the Foreign Account Tax Compliance Act (FATCA) on fund managers. The webinar included an overview of FATCA, implications for fund managers globally and information on how Northern…