TradingTech Insight Blogs The latest content from across the platform
LSE Details Go-Live of Pre-LEI as Regulatory Oversight Committee Reviews Global LEI System
The London Stock Exchange (LSE) is planning to go live with the issue of pre-legal entity identifiers (pre-LEIs) called Interim Entity Identifiers (IEIs) on July 31, following its confirmation June 6 as a pre-Local Operating Unit (pre-LOU) under the sponsorship of the UK Financial Conduct Authority. The exchange detailed its plans this week during a…
Datactics Launches Suite of Tools to Address Regulatory and Other Data Management Challenges
Datactics has launched a suite of data management tools aimed at helping financial institutions deal with the raft of regulatory requirements now impacting legal entity and other data types, including the new global Legal Entity Identifier (LEI). Datactics is offering a flexible solution that meets the data management needs of any size of financial institution,…
Redefining VaR and Multi-Dimensional Analytics
By Georges Bory, managing director and co-founder, Quartet FS New regulations, such as Basel III, are changing the banking landscape and putting additional pressures on banks. These include more stringent requirements for risk modelling and ratios so they are better equipped to respond to changing market conditions. This puts measures of market risk, particularly Value…
Talking Reference Data with Andrew Delaney: No Migration Tsunami Expected from Newly Extended RICs
The great thing about writing a weekly blog is that one post inevitably begets another. Last week, I speculated on how Markit might be poised to capitalise in certain changes currently under way within our marketplace. No sooner had I hit the ‘publish’ button than I was inundated with emails and texts drawing my attention…
Markit Combines Products to Deliver Integrated Resource Management
Markit has brought together three existing products to deliver Integrated Resource Management, a front-office analytics application designed to help financial institutions calculate the costs of funding and capital resources required for OTC derivatives trades. The solution adds to the company’s Markit Analytics platform, which is based on the Quic risk analytics software acquired by the…
Terracotta Blends Low Latency and Big Data
Software AG’s Terracotta unit has introduced its Universal Messaging product, a middleware platform spanning enterprise to web to mobile connectivity, providing low latency performance and big data transport as appropriate – and aligning with the emerging ‘big data in motion’ paradigm. “Big, fast data at your fingertips requires seamless real-time data movement, no matter what type…
Aegon Asset Management Extends Use of Markit’s Enterprise Data Management Platform
Aegon Asset Management is extending its use of Markit’s enterprise data management (EDM) platform beyond the UK with implementations of the software at other business operations in the US and the Netherlands. Initial plans show four separate installations of the software, one each in the UK and US, and two in the Netherlands. These will…
NYSE Euronext Subsidiary Takes Over Administration of Libor
NYSE Euronext subsidiary NYSE Euronext Rate Administration has been selected ahead of the London Stock Exchange as the new administrator of Libor. The transfer of administration of the benchmark from BBA Libor, a subsidiary of the British Bankers’ Association (BBA), follows an outbreak of attempts to manipulate Libor for financial gain last year and is…
Aim Software Upgrades Gain to Meet Pricing Needs of Clearstream International
Aim Software has responded to a request from Clearstream International for increased pricing performance and timely price delivery with an upgrade to its Gain data management platform. The upgrade can support daily pricing of over 700,000 records based on 2 million raw prices in less than 20 minutes. Clearstream International, the international central securities depository…
OpenGamma Tackles Market Structure Change and Regulation with Platform 2.0 Risk Management
OpenGamma has responded to changes in OTC derivatives market structure and rising regulatory demand for advanced risk management with a second version of its open source analytics and risk management platform, OpenGamma Platform 2.0. The platform is available today and builds on the first version of the software that was released in April 2012. It…