Data Management Insight Blogs The latest content from across the platform
IOSCO Technology Focused Report Highlights Post-trade Data Fragmentation, Timeliness Issues
Although it is largely focused on the impact of front office technology and developments such as high frequency trading, the International Organisation of Securities Commissions’ (IOSCO) recent consultation report also highlights the need for greater timeliness and transparency into post-trade data. Referencing its recent report on dark liquidity, IOSCO notes that market fragmentation across new…
Pricing Partners Introduces CVA, DVA and Bilateral CVA Computation in its Derivatives Pricing Analytics
Pricing Partners announced today that Price-it library can compute CVA, DVA and bilateral CVA for all payoff based trades. Credit Value Adjustment (CVA) represents the additional cost to account for the possibility of the counterparty’s default, which is computed as the difference between the risk free market value and the one where the counterparty could…
ISDA Hosts Regional Regulators Workshop
The International Swaps and Derivatives Association, (ISDA) hosted an Asia Pacific Regulators Workshop in Hong Kong today with supervisors and policymakers from 19 regulatory bodies across the Asia Pacific region. The one-day session, which was a follow-up to the ISDA Asia Pacific Regulators Summit held in May, addressed specific challenges related to the implementation of…
Cleartrade Exchange Helps Clients Meet Dodd Frank Regulations with Trade Repository
Cleartrade Exchange, the global electronic marketplace for freight and commodity derivatives, announced today that its Trade Repository, an integral part of its trading platform, has now been released to clients. Unlike most “old tech” solutions which are intra-day at best, the Cleartrade real-time Trade Repository automates the production of trade confirmations, in the form of…
Alexander Forbes Offshore appoints Richard Buchanan
Alexander Forbes Offshore, part of the Alexander Forbes International Group has appointed Richard Buchanan to Operations Director, based in Jersey. Richard joins Alexander Forbes from Alpha Bank Jersey where he was Managing Director. He has extensive operations, marketing and sales management experience gained over many years in the offshore financial services arena. He has also…
The AIFMD in Focus: Valuations and Data Reporting Requirements Incoming
The controversial Alternative Investment Fund Managers Directive (AIFMD), which was first proposed in 2009, was published last month and is due to come into force over the next couple of years, includes key data related requirements such as increased transparency into valuations and new fund registration processes. A-Team Insight examines the latest and final version…
New UK CEO Takes the Helm at Leading Financial Services Consultancy Capco
Capco, the global business and technology consultancy dedicated solely to the financial services industry, has announced today that Andrew Tarver has been appointed Capco’s UK Chief Executive Officer. Thirty-five year old Andrew was previously a Partner in Capco’s UK capital markets team. Ismail Amla, Capco’s previous UK CEO, will now head Capco’s North American practice….
Sapient Global Markets and Murex Announce Strategic Partnership
Sapient Global Markets, a business and technology services provider to the capital and commodity markets and part of Sapient Corporation and Murex, a leading provider of cross-asset trading, risk management and processing solutions, today announced that Sapient Global Markets has joined the Murex Partnership Program to provide professional services to clients of both organizations. The…
Russell Investments Makes Key Appointment for Index Business
Russell Investments has appointed Shelton (Shellie) Unger as director of plan sponsor sales for Russell Indexes. Unger, who has more than thirty years of financial services experience, will lead a focused initiative to introduce the full depth and breadth of Russell Indexes’ product and service offering to the plan sponsor community in the U.S., including…
“Hockey Stick” Moment for CVA Due to Regulatory and Accounting Rule Changes
Accounting standards changes, Basel III and the development of industry best practices for risk management and valuations have caused a “hockey stick moment” for the development of credit valuation adjustment (CVA). Dan Travers, product manager for Adaptiv and CVA solutions at SunGard, explains that CVA is a fast evolving area and the last five years…