Data Management Insight Blogs The latest content from across the platform
S&P Upgrades ABSXchange Platform for Loan Level Stress Testing and Portfolio Analytics
Standard & Poor’s structured finance platform, ABSXchange, has undergone a number of upgrades this month with a view to allowing users to conduct more robust analysis of their structured finance transactions. The platform, which the vendor bought in August 2007 and is part of its Fixed Income Risk Management Services (Firms) business line, now features…
Vendors Scramble to Upgrade Solutions to Support ISDA’s US CDS Big Bang
Ahead of the introduction of the new credit default swap (CDS) standard protocol on 8 April, the vendor community has been busy upgrading their various solutions to meet the changes for pricing single name CDS contracts. To this end, financial analytics and valuations provider Fincad has updated its Fincad Analytics Suite 2009 for Excel to…
FISD and LakeFront Data Ventures Launch Data Management Salary Survey
The Software & Information Industry Association’s (SIIA) Financial Information Services Division (FISD) has partnered with Lakefront Data Ventures (LDV) to launch a survey of data management and financial information professionals to ascertain salary trends for the sector. The survey, which can be accessed from the LDV site, is confidential and results will be posted in…
Fincad Updates Analytics Suite 2009 for Excel to Support CDS Big Bang
Following the introduction of the new credit default swap (CDS) standard protocol last week, financial analytics and valuations provider Fincad has updated its Fincad Analytics Suite 2009 for Excel to support the new pricing models. Accordingly, the solution now includes a workbook that implements the International Swaps and Derivatives Association (ISDA) CDS model, says Bob…
Pricing Partners Launches Source Code Version of Flagship Price-it Solution
Valuations vendor Pricing Partners has launched a new source code solution and development platform for its flagship derivatives pricing and risk management solution Price-it. According to the vendor, the new solution is aimed at expediting the creation and development of a user’s quantitative pricing library, as well as reducing the project risk involved in such…
Bi-Sam Appoints Ex-Reuters Exec Xavier Piquot as Regional Sales Manager for Continental Europe
Analytics software, client reporting and data management solution provider Bi-Sam has appointed ex-Reuters executive Xavier Piquot as its new regional sales manager for continental Europe. The vendor hopes Piquot’s experience within the financial markets and contacts book will allow it to strengthen its presence in the region. Piquot has been in the financial technology market…
S&P Adds Non-US Fixed Income Data from EDI to Securities DataManager
In keeping with its longstanding collaboration with data vendor Exchange Data International (EDI), Standard & Poor’s has added EDI-provided global terms and conditions data on more than 200,000 non-US fixed income securities to its Securities DataManager product. The vendors worked closely together to develop the non-US data offering, which is aimed at allowing customers to…
DTCC and Markit Partner for Automation of Syndicated Loan Reconciliation
The Depository Trust & Clearing Corporation (DTCC) is establishing a link between its Loan/SERV Reconciliation Service and Markit’s Wall Street Office (WSO) loan management system. The two vendors are working together to establish the link, which they claim will facilitate the automation of syndicated loan reconciliation and thus reduce the operational risk involved in the…
Bank Leumi Le-Israel Extends GFI Fenics FX Coverage to Pricing and Analysis
Bank Leumi Le-Israel of Tel Aviv has extended its license for GFI Group’s pricing and risk management software, GFI Fenics FX, to the latest version of the software, including two new models, the Structuring Module and the Exotic Math Module. The bank, which has been a GFI Fenics customer since 1995, decided to expand its…
GoldenSource Opens Sales and Support Office in Hong Kong
EDM vendor GoldenSource has opened a new office in Hong Kong to provide the local market and customers with sales, pre-sales, support, professional services and development services. Mike Meriton, CEO of the vendor, hopes the new office will support its Asian expansion plans, along with its other offices in the region located in Mumbai and…