Data Management Insight Blogs The latest content from across the platform
Fitch Solutions Appoints BNY Mellon’s Smith to Head its Research Services Group and Boost US Presence
As part of its wider push into the world of financial data services, Fitch Solutions has added ex-BNY Mellon fixed income head Neil Smith to lead the efforts of its Research Services group. Smith, who joins as managing director of the group, will be based in New York and report to Fitch Solutions head Thomas…
CESR Clarifies New UCITS Document Requirements in Latest CP, Data Workflow Challenges Ahead
Following on from its technical advice on the management of cross border data for UCITS earlier this year, the Committee of European Securities Regulators (CESR) has just published a series of new consultation papers that provide guidelines for the selection and presentation of data for the new Key Investor Information (KII) documents, which will require…
DTCC Releases New ISO Messages to Help Automate Corporate Actions Processing
The Depository Trust & Clearing Corporation (DTCC) today announced the release for public comment of the first drafts of its new corporate actions messages to support the processing of the entire lifecycle of a corporate action including entitlements, elections and payments. In 2009, DTCC processed more than US$3 trillion in corporate actions, and the release…
JWG Research Identifies Key Barrier to Implementing Regulatory Reform
JWG, the think-tank that makes sense of FS regulations, today announced the findings of its recent global customer data research programme. The analysis highlights the tall order financial institutions face in complying with 27 new regulatory requirements introduced by the G20 following the onset of the financial crisis. To date, the regulatory tsunami has generated…
XBRL Falls Off the US Regulatory Checklist, What Will This Mean for Data Management?
One of the stranger happenings during the lengthy US reform negotiation process was that a provision to require the use of Extensible Business Reporting Language (XBRL) for financial data reporting was unexpectedly struck from the financial regulation reform bill, which was passed this week. Given that XBRL is being touted as the next big thing…
CESR Outputs Two More Papers on OTC Derivatives: New Transaction Reporting Data Requirements and Standards on the Table
To add to the veritable cartload of recent papers issued as a part of the ongoing review of MiFID, the Committee of European Securities Regulators (CESR) has added two more into the mix, this time on the subject of OTC derivatives, thus increasing the number of potential data requirements for firms on the regulatory reform…
Is the Leopard Changing its Spots?
Last month saw the approval of the package of proposals that make up the next five year strategic plan for industry network operator Swift, but what has the Brussels-based board approved in Swift 2015 and what does it mean for the industry at large? It’s early days and not much has been said publically about…
Obama Signs Off US Financial Services Bill, But What Changes are Needed to Meet the OFR’s Data Requirements?
After months of debate and the lengthy deliberations of a dedicated conference committee, US president Barack Obama has finally signed off the reform bill that proposes, amongst many other things, to set up a US-based data utility in order to more accurately monitor systemic risk. The establishment of the Office of Financial Research has now…
Pricing Partners Becomes the Provider of Derivatives Revaluation for Leading American Investment Bank
Pricing Partners announced today that one of the two leading American investment bank, that wished to remain anonymous, chose its internet derivatives valuation platform Price-it Online to provide independent revaluation for its equity and interest rates derivatives. Eric Benhamou, CEO of Pricing Partners adds: “Becoming the provider of independent valuation for a one of the…
Marketing Manager Mott Departs CMA, Mazzone Assumes Duties
It seems to be the season for people moves; what with the changes going on at Xtrakter and this week’s departure of Credit Market Analysis’ (CMA) marketing manager Simon Mott. After two and a half years at the credit derivatives data provider and a month after the management changeover from outgoing CEO Laurent Paulhac to ex-Icap…