Data Management Insight Blogs The latest content from across the platform
FRSGlobal Launches New Liquidity Risk Solution for Compliance with UK’s CP 08/22
Risk and regulatory reporting solution vendor FRSGlobal has launched its new Liquidity Risk solution, aimed at enabling financial institutions to meet the requirements proposed by the UK Financial Services Authority’s (FSA) Consultation Paper (CP) 08/22. According to Thomas Brouwer, product manager at the vendor, the combined risk and regulatory platform meets its customers’ demands for…
GoldenSource Joins Derivatives Bandwagon with New Valuations and Risk Management Solution
EDM vendor GoldenSource has taken the plunge and joined the derivatives data management vendor community with a new offering aimed at helping financial institutions value portfolios and manage risk for derivatives products. Neil Edelstein, senior director of product solutions at the vendor, explains that the launch of GoldenSource for Derivatives was based on both a…
Belgium Debt Agency Opts for Derivatives Valuations from Pricing Partners
The Belgium Debt Agency has purchased Pricing Partners’ software with a view to strengthening its capacity for independent valuation and audit in its treasury and risks control departments. The public debt management agency, which is part of the Administration Financing of the State and Financial Markets within the General Administration of the Treasury, is using…
Broadridge Signs up with Information Mosaic for Corporate Actions and Extends Agreement with NewRiver for Summary Prospectus Solution
Outsourcing solution vendor Broadridge seems to be undergoing something of a strategic overhaul this month, with the announcement of two new key partnerships in the data management space. The vendor, which had a tough start to the year with net earnings for the first quarter of fiscal 2009 down by 1%, has signed two new…
Bank Sarasin Upgrades to Aim’s Gain Platform with Gain|Avaloq Adapter
Swiss headquartered Bank Sarasin has upgraded its implementation of Aim Software’s data management solution to the Gain Data Management platform combined with an adapter for the Avaloq Banking System. The bank, which has been using Aim Software’s Gain DataDesktop since 2002, hopes the new central data management platform and added functionality will provide enhanced automation…
Siperian Launches New Data Governance Application for its MDM Hub
Master data management (MDM) platform vendor Siperian has launched a new data governance application for its MDM Hub, which it says is aimed at allowing data stewards to more effectively manage and monitor master data. The solution, which it has dubbed Siperian Business Data Director, is web-based and also allows downstream data users to create…
ABA Commends FASB on Progress But Says More Needs to be Done on OTTI
Following a barrage of criticism from market participants, government figures and regulators alike, the Financial Accounting Standards Board (FASB) has finally released a number of proposals concerning mark to market accounting rules. The proposals include allowing firms more leeway in determining if a market is active and whether a transaction is distressed. However, a number…
Fitch Solutions Pitches CDS Liquidity Scores and Rankings at Buy Side Market
In a bid to increase its market coverage, Fitch Solutions has been actively marketing its credit default swap (CDS) data to buy side institutions, says Thomas Aubrey, managing director of the data solutions division of ratings agency Fitch. The liquidity scores and percentile rankings, which are derived from Fitch’s proprietary statistical model, for these widely…
RiskVal Launches CDS Conversion Analytics to Valuations Solution
RiskVal has added credit default swap (CDS) conversion analytics to its portfolio valuation solution with a view to helping its customers move to the new credit derivatives standards. The vendor indicates that for a limited time, it will be offering a free service to help these firms convert legacy CDS portfolios to the new standards…
US Government Threatens to Step in for Mark to Market Improvements
Members of the US Congress have indicated that the government will step in to take action if the Financial Accounting Standards Board (FASB) does not take swift action to improve mark to market accounting standards. The industry has been discussing potential improvements to the controversial accounting rules over the last couple of months but there…