Data Management Insight Blogs The latest content from across the platform
Deutsche Bank’s Scott and Northern Trust’s Chapman Highlight the Regulatory Deluge Facing Ops Teams in 2012
There are so many regulations facing the corporate actions and securities operations sector that back office teams may be hard pushed to get on with their day job, said Justin Chapman, global head of industry management, operations and technology at Northern Trust, at this month’s CorpActions 2011 conference in London. Nick Scott, managing director and…
Carne Director Appointed to Board of Oddo Alternative Investment Fund
John Donohoe, CEO of Carne Financial Services Group, has been named as an independent director to the board of the brand new Oddo Asset Management fund, called Orsay Merger Arbitrage. The fund will follow an M&A arbitrage strategy, and will be managed by fund manager Christian Fleury, who headed the merger arbitrage team at Banque…
EC’s Barnier Indicates Will Not Go Ahead with Proposed Mark to Market Changes Before IASB Rules are Finalised
The European Commission’s EU Internal Market Commissioner Michel Barnier has publicly stated this week that Europe will not go ahead with the adoption of the International Accounting Standards Board’s (IASB) proposed mark to market changes before the related accounting rules are finalised. The accounting standards body has been working on a redefinition of fair value…
US Treasury’s Berner Expounds on the Benefits of the OFR, Discusses the LEI and an Upcoming Conference on Data
This week, the US government organised a roundtable event to discuss the developments around tracking systemic risk and the establishment of the Office of Financial Research. Representing the OFR, Richard Berner, counsellor to the US Department of the Treasury’s Tim Geithner, championed the benefits of reference data standardisation, the recent progress made around setting legal…
Kinetic Partners Hire Pierre Bourlatchka
Pierre Bourlatchka has been appointed a Director at Kinetic Partners and will join the risk management consulting and monitoring team in London. This new appointment will further enhance Kinetic Partners’ comprehensive service offering across the risk spectrum. Pierre joins Kinetic Partners from F&C Asset Management, where he worked for the Alternative Investment Market Risk team,…
Nationwide Financial Selects DST Global Solutions’ Anova Performance Solution
DST Global Solutions, a leading global provider of software technology and services to the investment management industry, today announced that Nationwide Financial has chosen DST’s Anova middle office investment analytics solution to strengthen its managed account performance measurement and reporting capabilities. The solution is designed to enable clients such as Nationwide to report managed account…
S&P Hires Ex-Thomson Reuters Data Consultant Nash for Enterprise Role
Standard & Poor’s has hired ex-Thomson Reuters EMEA and global head for its data consultancy business Penny Nash into its Enterprise Solutions team. Nash had been with Thomson Reuters since 2005 and has been involved in its data team and its corporate actions focused business lines over the course of her career at the data…
Issuers Won’t Adopt Standards Without a Solid Business Case and Market-wide Agreement, Says Computershare’s Sarkar
The issuer community is wary of adopting new standards without a solid business case and before the rest of the industry has agreed on which standard is best, said Naz Sarkar, CEO of issuer agent firm Computershare Investor Services, at this month’s CorpActions 2011 conference. Sarkar defended the position of issuers, who are frequently criticised…
S&P Provide More Data for US Securities
S&P Valuation and Risk Strategies announced the addition of a new intra-day pricing snapshot for US taxable securities. Delivered via Standard & Poor’s Securities Evaluations (SPSE), a leading provider of independent evaluations, the new intra-day report – delivered at 12:30 PM ET daily – provides a real-time snapshot of market-derived pricing for over 1.5 million…
Virginie’s Blog – Does Corporate Actions Data Have a Place in a Utility?
The same old discussions about STP and standardisation in the corporate actions space may play out year after year (see my recent blog on which here), but one interesting (and newer, if not entirely new) idea discussed at last week’s CorpActions 2011 conference was the concept of corporate actions event data being stored in a…