RegTech Insight Blogs The latest content from across the platform
Switzerland’s Banque CIC Implements Gain|Avaloq Adapter for SIX Telekurs VDF Data
Swiss bank, Banque CIC (Suisse), has upgraded its existing implementation of Aim Software’s Gain Data Management platform for an enhanced processing of SIX Telekurs VDF data in Avaloq via the Gain|Avaloq adapter. The bank, which is headquartered in Basel, has been using the Gain platform since 2002 for the processing and reporting of data from…
ICE Trust US Passes US$1 Trillion CDS Clearing Milestone
IntercontinentalExchange’s (ICE) ICE Trust US (ICE Trust) has passed the US$1 trillion milestone in cleared credit default swaps (CDS) since operations began on 9 March 2009. Open interest at ICE Trust currently stands at US$145 billion, representing an 86% reduction in notional value outstanding. ICE Trust also set a weekly clearing record of US$247 billion…
M&A and JVs Good Idea in Principle, More Difficult in Data Practice
The news this week that Morgan Stanley and Citi’s joint venture in the wealth management space, dubbed Morgan Stanley Smith Barney, will be delayed by up to two years as a result of IT integration issues, will not be news to the data management community. After all, this sector of the industry has been suffering…
Quantifi Adds Intel Multi-Core Capabilities to its Pricing and Risk Management Offering
Quantifi, a provider of pricing and risk management solutions, has optimised its software suite for Intel multi-core technology. According to the vendor, this new development enables faster calculations and increased scalability without additional cost by leveraging the power of modern multi-core CPUs. “We recognise that in today’s environment, clients need robust analytics that can work…
Goldman’s Blankfein Praises Mark to Market Accounting as Early Warning Signal
Despite the market’s apparent aversion to mark to market accounting, Lloyd Blankfein, CEO of Goldman Sachs, this week spoke about the benefits of the rules, which he said could have provided an “early warning” of the financial crisis. Speaking at the annual International Organisation of Securities Commissions (IOSCO) conference in Tel Aviv, Blankfein said the…
Divisions Between Market and Reference Data Causing Issues for Transparency, Says GoldenSource
A major hurdle to achieving a consistent view of pricing, positions and exposure lays in the divide between market data feeds and reference data repositories, according to GoldenSource, a provider of enterprise data management (EDM) solutions. “By definition, enterprise risk management and reporting should go front to back as well as across assets,” says Gert…
Interactive Data’s Marsh Promotes Vendor Contribution to Entity Identification
Swift may be keen for a utility approach towards business entity identification (BEI), but the vendor community is not out of the picture just yet. Reference Data Review speaks to Darren Marsh, business manager of risk management and compliance services for Interactive Data in Europe, about his own firm’s endeavours in this area and the…
Fiserv Adds Elkins, Thompson and Williamson to Management Team
Fiserv’s Financial Control Solutions business has added three new permanent members of staff to its management team. Elizabeth Elkins, who has been filling the role of general manager of the division, which was formerly CheckFree ORM, has now been made permanent. Andrew Thompson has been appointed vice president for global sales and relationship management and…
Bravura Joins Fincad Alliance Programme to Embed Analytics into Garradin
Wealth management solution vendor Bravura Solutions has signed up to the Fincad Alliance Programme in order to allow it to embed Fincad’s analytics library into its Garradin investment management system. The vendor hopes that this will provide additional pricing and risk analysis capability, especially with regards to meeting buy side clients’ transparency requirements. “Garradin clients…
Omgeo Upgrades Alert Database with Expanded Coverage and Compatibility Tests
As hinted by Steve Matthews, managing director of product at Omgeo, when he spoke to A-Team Group last month, the post-trade specialist has now added new functionality to its standing settlement and account instructions (SSI) database, Alert. The new functionality, which has been dubbed Omgeo Alert New Markets and Validations, includes expanded instrument coverage and…