Data Management Insight Blogs The latest content from across the platform
Third Party Consensus Data is Not Dead But it’s Dwindling, Says Citi’s Booth
The buy side is busy creating its own resources for consensus data and this has meant that third party provision of this data is slowly declining in importance, said Paul Booth, co-head of the global data services team at Citi Investment Research. The decision to source this information directly is being taken by many of…
LakefrontData Creates Data Management Industry Jobs Website
Against a backdrop of widespread redundancies and an increasingly competitive employment market, LakefrontData has launched a website specifically targeted at advertising jobs for the data management industry. According to the vendor, which was created from the merger of LakeFront Data Ventures (LDV) and data integration vendor ReferenceDataFactory (RDF) earlier this year, data management professionals can…
OTC Val Appoints Ex-Hedge Fund Quant Bergbusch as CTO
OTC Valuations (OTC Val) has appointed Paul Bergbusch as chief technology officer to lead the vendor’s efforts to introduce its next generation of solutions. He will be engaged in further expanding the coverage for structured products and exotic derivatives under the OTC Val portfolio and will be based in Vancouver. According to the vendor, Bergbusch…
StatPro Group Signs Deal to Use GFI’s FX Options Data for Pricing and Risk Management
StatPro Group has signed a multi-year licence with GFI Group to use GFI’s FX options data in its pricing and risk management services. Dario Cintioli, CEO of Italy and global head of risk at StatPro, explains that the vendor selected GFI due to its standing in the market as an interdealer broker. Philip Winstone, global…
US Associations’ Tarp Survey Indicates Industry in Need of Price Transparency Guidelines
Originally appeared in MiFID Monitor The industry needs more information about how the implementation of the US Troubled Asset Relief Program (Tarp) could be most effective, particularly in the areas of price transparency, according to a survey by five industry associations. The survey, which was sent to members of the Securities Industry and Financial Markets…
PwC Audit Picks SuperDerivatives for Derivatives Revaluation Audits for CEE
PricewaterhouseCoopers (PwC) Audit, a member firm of the PwC global network, has selected SuperDerivatives to assist in providing derivatives revaluation audits for clients across Central and Eastern Europe (CEE). The firm indicates that the new service is a reaction to the demand from customers in the region for real-time revaluation of derivatives structures associated with…
Citadel Solutions Implements Asset Control’s AC Plus to Support Fund Admin Business
Citadel Solutions, a wholly owned independent subsidiary of Citadel Investment Group, has implemented Asset Control’s AC Plus data management software to support the growth of its fund administration business. According to John Buckley, president of Citadel Solutions, the firm selected the solution because it was quick to implement and flexible enough for its clients’ requirements….
McCreevy Calls for Clear Roadmap to Establish CDS Clearing Counterparties Before Year-End
Originally appeared in MiFID Monitor European Commissioner for Internal Market and Services Charlie McCreevy has called for the industry to establish central clearing counterparties for the credit derivatives markets before the end of the year. During the first meeting of the European Commission’s working group on derivatives, McCreevy stressed the urgency for more transparency in…
Interactive Data Picks D’Arcy to Succeed Clark as President and CEO
Interactive Data has finally selected a replacement for Stuart Clark, its current president and CEO, who is due to retire next year. The firm has indicated that Raymond D’Arcy, the president of sales and marketing for Interactive Data, will take over the role. D’Arcy has served in a variety of executive roles during his 29…
ICE on the Hunt for Credit Derivatives Clearing Counterparty Head
Following the announcement of its intention to buy Clearing Corporation last week, IntercontinentalExchange (ICE) has indicated that it is currently searching for a suitable candidate to head its credit derivatives clearing counterparty venture. The exchange operator is planning to launch its global clearing platform for credit default swaps (CDSs) later this month. It is likely…