A-Team Insight Blogs The latest content from across the platform
Deutsche Bank to Pick Up Mantara Assets
Trading system vendor Mantara has filed for Chapter 11 bankruptcy protection and will see its technology pass to Deutsche Bank, one of its customers. A request to the company’s CEO Michael Chin for further information was not responded to, but it is thought that the company has essentially ceased operations. Mantara sold Catalyst, an extensible desktop…
Sapient Global Services Brings Close of Business Reporting Service to Market
Sapient Global Markets has responded to the need for commodity solutions for non-core operations with a managed end-of-day reporting service called Close of Business Service, or CoBS. The service is designed to help firms reduce reporting complexity and cost, and improve risk control and profit predictability. The service has been in use by a handful…
Details of Fatca Compliance Remain Elusive Despite Looming Deadlines
The first deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) is set for July 1, 2014 and it looks like it will stay that way, despite calls from industry participants for a delay on the grounds that they need more time to prepare and that the Internal Revenue Service (IRS) has…
CICI Utility to Rebrand Next Month Under Global Markets Entity Identifier (GMEI) Banner
The CICI utility, the DTCC- and Swift-operated repository for so-called pre-LEIs that has managed the registrations of so-called CFTC Interim Compliant Identifiers (CICIs) since its launch in August 2012, will rebrand itself next month as the Global Markets Entity Identifier Utility, or GMEI Utility. The rebranding is scheduled to take effect January 21. From that…
Chrinon Sets Up Open LEIs Website Offering Access to Legal Entity Identifier Data
Chrinon, a UK-based company that gathers and provides open access to company data under the OpenCorporates brand, has set up a website called Open LEIs to provide an interface to the Global Legal Entity Identifier System (GLEIS). The company has been involved in the development of the GLEIS since the beginning of 2012, serving on…
Xenomorph Builds Out TimeScape with Aqumin Visual Data Landscapes
Xenomorph continues to build out its TimeScape risk analysis and data management platform with the integration of Aqumin’s AlphaVision visual data landscape environment. The company has offered TimeScape with integrated data charts and 3D graphs for about 18 months, but in search of a more sophisticated visual data solution for large, real-time datasets, looked across…
OptionsCity Details the Potential of Freeway Analytics
OptionsCity Software is offering multi-asset derivatives traders a consolidated solution for algorithmic strategy building, testing and execution through the integration of its recently released Freeway Analytics with its existing Freeway automated trading technology. The analytics solution initially uses historical futures market data from Vertex Analytics and allows traders to focus on developing trading strategies rather…
Caplin Launches Caplin Direct SDP-as-a-Service
Caplin Systems’ launch today of Caplin Direct, a hosted, managed single-dealer platform for banks in the FX market, aims to make state-of-the-art SDP capabilities to financial institutions that may not have the budget or technical resources to implement a deployed solution. According to CEO Paul Caplin, the initiative represents the third generation of SDP development,…
Global LEI System is Here to Stay but Needs Further Development
The global Legal Entity Identifier system (GLEIS) has made its mark in the market and is here to stay, despite the continuing absence of a Central Operating Unit (COU) that will run the system, a lack of data standardisation that should be sorted out by the COU and concerns about how well entities will maintain…
Talking Reference Data with Andrew Delaney: To Utility and Beyond!
Another penny has dropped in the onward march toward outsourced enterprise data management. UBS’s decision last month to outsource its securities reference data to iGate, which is using Markit’s Enterprise Data Management (EDM) solution – the former Cadis Software – to manage the data, fulfils a strategic intent to industrialise processes where possible. Perhaps more…