Data Management Insight Blogs The latest content from across the platform
Pricing Partners’ Stochastic Volatility Model to be Discussed at Scientific Conference
Pricing Partners’ latest research about the acceleration by a factor 100, calculating the price of financial options with a stochastic volatility model, has caught the attention of the scientific committee, the 33rd edition of the Stochastic Processes and Their Applications (SPA 2009) Conference, and will be presented during the week of this conference in Berlin…
TFX to Publish Markit iTraxx Japan Index Price Data on Website
Tokyo Financial Exchange (TFX) has announced that it will publish Markit iTraxx Japan Index price data on its website from 27 July 2009. TFX has previously contributed to the development of the Japanese credit markets by publishing credit default swap (CDS) reference rates on its website. By publishing data on the Markit iTraxx Japan Index,…
DST Global Solutions Appoints Verrengia for Performance Solutions in US
DST Global Solutions has appointed Jamie Verrengia to spearhead the delivery of its performance solutions in North America. Verrengia has more than 13 years of industry experience and joins from State Street Corporation where he was responsible for the implementation and technical support of global performance measurement and attribution solutions. Verrengia will be responsible for…
CESR Elaborates on OTC Derivatives Identifiers for Transaction Reporting
The Committee of European Securities Regulators (CESR) has published a consultation paper recommending the adoption a set of identifiers and classifications for OTC derivatives for the purpose of including those instruments in the exchange of transaction reports amongst CESR members. These reports are currently exchanged between regulatory authorities via an IT system, dubbed the Transaction…
XtremeData Leapfrogs Competitors with a New Breed of Appliances for Database Analytics
XtremeData, an innovator providing solutions to large data analytics and complex computing problems, today announced the general availability of dbX™. The dbX family represents the next generation in database appliances designed specifically for the unconstrained analysis and exploration of large data sets. The product is a fully-integrated platform and features patented SQL in Silicon™ hardware…
EDM Council Continues Campaign for Regulatory Recognition of Data’s Importance
The EDM Council has been a veritable hive of activity this year with its active campaign to get the regulatory community engaged in the issues surrounding data management. To this end, Mike Atkin, managing director of the industry body, has been on countless visits to US, UK and European legislators to ensure that data standardisation…
SEC Grants ICE Clear Europe and Eurex Clearing Exemptions to Operate CDS CCPs
The Securities and Exchange Commission (SEC) has approved conditional exemptions that will allow ICE Clear Europe and Eurex Clearing to operate as central counterparties (CCPs) for clearing credit default swaps (CDS). These conditional exemptions provide the SEC with regulatory oversight of the CCPs and should enhance the quality of the CDS market and the Commission’s…
Oracle to Buy Data Integration Vendor GoldenGate Software
Oracle has agreed to acquire GoldenGate Software, a provider of real-time data integration solutions. The addition of technology from GoldenGate extends Oracle’s capabilities with a heterogeneous real-time data integration solution and adds functionality to maintain uptime of business critical applications during migrations and upgrades. “The need to improve operating performance in a global 24×7 environment…
CFTC’s Gensler Calls for Interoperability for OTC Derivatives Clearing Market
Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), has this week elaborated on his desire for more competition to be introduced to the OTC derivatives clearing environment. Gensler testified before Congress to encourage the US government to introduce greater levels of standardisation within the market and the ability for market participants to be…
Provident Risk Management Selects Fincad’s Fair Value Insight for Valuations
Provident Risk Management is using Fincad’s Fair Value Insight as the foundation for its clients’ credit risk management and market valuations for interest rate derivatives and maximum potential credit exposure. Fair Value Insight is a secure web-based independent valuation solution built upon Fincad’s industry standard analytics and Icap’s market data. The solution enables corporate treasuries,…