Data Management Insight Blogs The latest content from across the platform
CME Group Receives Regulatory Exemption from SEC to Launch CDS CCP in US
Following the approval and launch of IntercontinentalExchange’s (ICE) ICE Trust last week, CME Group has now announced that it has also been granted permission to operate as a clearing house and central counterparty (CCP) for credit default swap (CDS) transactions in the US. The derivatives exchange operator has received a special exemption from the Securities…
Shadow Financial Systems Provides Access to Fincad’s Derivative Pricing Library
STP solution vendor Shadow Financial Systems has joined the Fincad Alliance Programme to enable users of its ShadowSuite application access to Fincad’s derivative pricing library. According to the vendors, this will allow users to independently value derivative positions during their post-trade processing and clearing operations. The ShadowSuite software solution for post-trade processing, reconciliation, clearing, settlement,…
Misys Releases Collateral Management Solution Aimed at Counterparty Risk Reduction
Misys has released a new collateral management solution, dubbed Misys Summit FT Collateral Management, which it claims is aimed at reducing counterparty risk. Against a background of increased market scrutiny of firms’ risk exposures via their counterparties, the vendor says the solution will provide real-time tracking and assessment of collateral levels. The vendor is emphasising…
Ventura Management Associates and On-Course Advisors Launch Client Relationship Management Forum
Ventura Management Associates, a boutique advisory firm focused on reference data and client information data strategy, has partnered with On-Course Advisors to launch a client relationship management (CRM) forum. According to Ed Ventura, president of Ventura Management Associates, the semi-annual CRM Forum will be aimed at bringing together industry participants to discuss best practices relating…
ISDA Introduces New Rules for CDSs, Pickel Testifies Before US Senate Committee, ICE Trust Launches
The International Swaps and Derivatives Association (ISDA) has this week introduced new rules governing the market’s dealings with credit default swaps (CDS). Robert Pickel, executive director and CEO of ISDA explained the changes in a testimony before the US Senate Committee on Banking, Housing and Urban Affairs earlier this week. The new rules cover the…
Fitch Solutions Adds Risk and Pricing Benchmarks to Risk and Performance Platform
Against the background of greater regulatory scrutiny of firms’ risk management practices, Fitch Solutions has incorporated new risk and pricing benchmarks into its Fitch Risk and Performance Platform, which was launched in June last year. Jonathan Di Giambattista, senior director at the vendor, indicates the benchmarks, which can be visualised via a new product feature…
Bloor Research Profiles Data Discovery Vendors, Singles Out Rever, Trillium and CA
Consultancy firm Bloor Research has released the first of four market updates profiling the data management vendor community. The report profiles the ‘data discovery’ vendor community, which it indicates is a new sector that has distinguished itself from data profiling. Data discovery deals with: “the discovery of relationships between data elements, regardless of where the…
Interactive Data Partners with Korea’s Koscom for Pricing and Reference Data
Interactive Data’s Pricing and Reference Data business has signed an agreement with Koscom, under which the Korean IT solution provider will provide the data vendor’s international pricing and reference data to the Korean investment community. The data covered by the agreement includes international end of day pricing and corporate actions data. Koscom was established in…
3i Infotech Adds Data Provision and Modelling Features to Reporting to Clients Solution
3i Infotech has released a new version of its client reporting solution that includes new data provision and modelling features, which the vendor claims is aimed at reducing the burden on data providers and adding value to reporting. Reporting to Clients 2.0 is a response to the requirement for greater transparency in the market, says…
Standard Chartered Picks GoldenSource for Corporate Actions Golden Copy Creation
Standard Chartered Bank has chosen GoldenSource Securities & Products to automate the creation of its golden copy corporate actions notifications. The Asian bank began looking for a corporate actions validation solution in early 2008 and began talking to the vendor about the implementation before year end, explains Gert Raeves, senior vice president of strategic business…