Data Management Insight Blogs The latest content from across the platform
LakeFrontData Consulting Adds EDM Capability Assessments and Managed Data Service Vendor Evaluations Services
Following the launch of its jobs website last week, LakeFrontData Consulting has added two new data management consulting services to its consultancy services offering. The firm has created enterprise data management (EDM) capability assessments and managed data service vendor evaluations, which it says are aimed at providing clients with a holistic view of their requirements….
Quantifi Opens Australian Office, Appoints Glover to Head
Quantifi, an analytics and risk management solution provider, has opened an office in Sydney, which it says is in response to increasing regional demand. The firm has appointed James Glover as head of APAC sales to manage the Asia Pacific region, including its existing business in Japan. The Sydney office will focus on product development,…
StatPro Launches SaaS System for Pricing of Complex Financial Assets
StatPro Group has launched a new software as a service (SaaS) offering for the pricing of complex financial assets. The new system covers instruments that the vendor describes as needing a complex valuation model and traded market data to be priced, including interest rate swaps, credit default swaps on single names and baskets, FX forwards…
IASB Trustees Urge G20 to Preserve Fair Value Accounting Rules
Prior to the talks of the G20 at the weekend, the trustees of the International Accounting Standards Board’s (IASB) oversight body urged leaders to preserve fair value accounting rules. In a letter to summit host and outgoing US president George Bush, trustee chairman Gerrit Zalm indicated that snap decisions should not be taken regarding fair…
Technology Investment Essential to Cope with Corporate Events Rapid Growth
With the explosive growth in corporate events – primarily due to the current restructuring of debt or refinancing – those financial institutions that have invested in technology and integrated data sets will be the best placed to cope with the increase in volumes, according to David Kane, senior vice president of securities and operations at…
Credit Crunch is Likely to Drive Institutions to Offshoring or Outsourcing, Says Northern Trust’s Davis
The current market climate has meant that institutions are under serious pressure to cut costs and improve operational efficiency and this may mean they decide to go the outsourcing route, said Liam Davis, vice president of global data management at Northern Trust. “We need to do more with less and provide a higher level of…
Moody’s Investors Service Appoints Kimball Head of Structured Finance, Cantor as Chief Credit Officer
Moody’s Investors Service has named Andrew Kimball executive vice president and head of its global structured finance business. He has been acting head of the business since July of this year. Richard Cantor has assumed Kimball’s previous role as chief credit officer of Moody’s Investors Service and chairman of its credit policy committee. Michel Madelain,…
DerivActiv Offers 12 Month Swap Payment Cashflow Verification Report to New Customers Free of Charge
Derivatives valuations provider DerivActiv has indicated that it will provide a free 12 month swap payment cashflow verification report to all new customers. The vendor says that this is part of its drive to encourage firms to ensure their swap payments are calculated correctly so that accurate tax compliance calculations can be made, as well…
CFTC’s Lukken Calls for Three New Regulatory Agencies to Replace SEC and CFTC
Originally appeared in MiFID Monitor Following the debate about regulatory scrutiny of the credit derivatives space that has been ongoing over the last few months, Walter Lukken, acting chairman of the Commodity Futures Trading Commission (CFTC), has now indicated that he wants his own regulatory body and the Securities and Exchange Commission (SEC) to be…
We Can’t Solve the Problems with the Same Thinking That Created Them; Radical Solution is Required to Solve Data Problems, says Avox’s Price
Radical thinking on industry business models is needed in such disastrous times, proselytised Avox’s Ken Price at FIMA this morning. He suggests turning the traditional ‘user in the middle sources multiple vendors’ model on its head so that the users, who after all generate most of the data themselves, become the centre of the model…