Data Management Insight Blogs The latest content from across the platform
Hedge Fund Standards Board Launches Drive into the US and Asia
The Hedge Fund Standards Board (HFSB) is launching an international drive to sign up more hedge fund managers in the US and Asia now that most leading European managers have become signatories. The HFSB, which brings together investors and managers to promote high standards of practice in the industry, will also be seeking to bring…
Virginie’s Blog – Standards Innovation: An Oxymoron?
Given my often critical view of the world of financial data standards, it has been an interesting exercise to look at the positive aspects of standardisation as part of my prep work for a panel session at this year’s Sibos on “standards and innovation”. Rather than being viewed purely as a chore, can the C…
New Report Calls for Banking Community to Define Regulatory Data Standards to Control Spiralling Compliance Costs
A new preliminary report launched today titled ‘Strong Foundations for Regulatory Reform?’ finds that the monetary implications for financial services firms that fail to establish a more consistent data management plan can be immense. While there is currently no public sector assessment of the cost to comply, initial research studies suggest it will be in…
Woodbine Associates Welcomes Equity Market Analyst
Woodbine Associates is pleased to welcome Michael Kurzrok in the role of Director. Mr. Kurzrok will focus on analysis of strategic, business, regulatory, market structure and technology issues and how these influences impact firms in the global equity markets. He also will undertake consulting engagements for Woodbine Associates’ clients. The bulk of Mr. Kurzrok’s financial…
Interactive Data Reports Second-Quarter 2011 Results
Interactive Data Corporation today reported its financial results for the second quarter ended June 30, 2011. Interactive Data’s second-quarter 2011 revenue increased 11.5% to $216.3 million from $194.0 million in the second quarter of 2010. This marks the highest quarterly revenue in the Company’s history. Second-quarter 2011 revenue was reduced by $0.3 million due to…
George Crooks of Wolters Kluwer Financial Services Comments on the Further Delay of Solvency II to 2014
“Concern over the risks associated with an extended and asymmetrical transition to Solvency II from the start of 2013 has left the European Parliament with little choice but to postpone its introduction to 2014, and this decision would have been met with differing opinion within the industry. Firms that have already taken significant steps towards…
LSE’s Acquisition of the UK FSA’s TRS for £15m Brings UnaVista’s Range of Functions to an Extended Client Base, Says Husler
The announcement this week that the London Stock Exchange (LSE) is in the process of acquiring the UK Financial Services Authority’s (FSA) approved reporting mechanism (ARM) is likely to be the first but not the last acquisition that the exchange operator will be making in the post-trade space this year, if CEO Xavier Rolet’s ambitions…
CECA Extends Use of SunGard’s FastVal Analytics
Confederación Española de Cajas de Ahorros (CECA), the National Association of Spanish Savings Banks, has extended its use of SunGard’s FastVal Analytics, derivatives pricing models used by international financial institutions for derivatives pricing and structuring, risk management, model validation and benchmarking. CECA’s risk department will now use FastVal Analytics to help it efficiently and accurately…
FSA Enters Into an Agreement to Sell TRS to the London Stock Exchange
The Financial Services Authority (FSA) has entered into a conditional agreement to sell its Approved Reporting Mechanism (ARM) known as the Transaction Reporting System (TRS) to the London Stock Exchange (LSE) for £15m. The TRS is an ARM established in the UK market for the reporting of transactions in regulated instruments by firms to the…
First Derivatives Launches Hosted Delta Data Factory Service for Reference Data
First Derivatives, a leading provider of software and consulting services to the capital markets industry, this morning announces the launch of Delta Data Factory, a new service within its Delta suite of data, trading and risk applications and services. Delta Data Factory is a hosted data management service that provides targeted reference data processing as…