A-Team Insight Blogs The latest content from across the platform
Cinnober Proposes a Quality Standard for Financial Systems and Software
Cinnober Financial Technology has initiated a campaign aimed at setting up an industry organisation that will drive a quality standard across financial systems and software. The campaign is based on a draft quality standard proposed by Cinnober, the Financial IT Quality Assessment (FIQA), which is designed to provide transparency around the quality and cost of…
Bloomberg Integrates EMSX with Exane BNP Paribas Feedback Channel to Increase Algo Trading Transparency
Bloomberg has increased transparency around trading algorithms provided by Exane BNP Paribas by integrating access to the investment company’s Order Status Update feedback channel, which gives European equities traders insight into the algos, with its EMSX execution management system. The integration builds on Bloomberg’s use of Tag 30 FIX protocol messages to show algo traders…
Thomson Reuters Adds Price Challenge Tool to DataScope Select
Thomson Reuters has added a price challenge tool for fixed income professionals to its DataScope Select data delivery platform. The tool, AskTRPS, is designed to make the price challenge process faster, smoother, more transparent and easier to report for auditory and regulatory purposes. AskTRPS enhances the Thomson Reuters Pricing Service (TRPS) by allowing DataScope Select…
Capgemini Acquisition of IGATE Adds Financial Services Customers, Revenue and Technologies
Capgemini is set to fulfil its long-term aim of building presence in North American markets through a $4 billion acquisition agreement with New Jersey based technology and services company IGATE. The deal is expected to close in the second half of this year and will make North America Capgemini’s largest region, representing 30% of estimated…
New York Data Management Summit: The Challenges and Opportunities of Data Governance
The importance of data governance in financial services firms has never been greater as regulators scrutinise not only data but also its quality and business executives begin to understand data as a valuable asset. Reflecting the growing importance of data governance, A-Team Group addressed the problems it poses and the opportunities it presents at its…
Breaking News: Interactive Data Corporation Set for Sale
According to a news story on Thomson Reuters’ news service Interactive Data Corporation (IDC) is up for sale five years after it was purchased by private equity firms Silver Lake and Warburg Pincus. The firms are expected to sell IDC in a deal that could value the financial information business at $5.5 billion including debt,…
RFA Introduces Data Governance as a Service
RFA (Richard Fleischman & Associates) has teamed up with Varonis to provide a data governance solution-as-a-service for the alternative asset sector. The service is subscription based, with monthly costs depending on the number of users, and is available across the US and UK. The data governance service is a response to customer requests and has…
Bloomberg FIGI Finds Favour at U.S. Bank
Bloomberg’s open source Financial Instrument Global Identifier (FIGI) has won favour at U.S. Bank, where it will be used as a primary identifier to report on syndicated loans within collateralised loan obligations (CLOs). The company says other banks – so far unnamed – have adopted the identifier, but highlights the U.S. Bank as the first…
Swift Eases Payments Data Consumption With SwiftRef APIs
Swift has added 12 application programming interfaces (APIs) to its SwiftRef reference data utility with a view to helping financial institutions and corporates automate payment processes by identifying and validating payments reference data in real time using information in SwiftRef. The APIs have been piloted for 18 months and are now market ready. They cover…
New York Data Management Summit: Setting the scene for 2015
A-Team Group kicked off last week’s Data Management Summit in New York City with a review of the company’s Regulatory Data Index by A-Team chief content officer Andrew Delaney and a keynote on the challenges of data management by John Fleming, head of enterprise data governance at BNY Mellon. The A-Team Regulatory Data Index is…