A-Team Insight Blogs The latest content from across the platform
FSA Slaps Credit Suisse UK with a £5.95m Fine for Data Failings Regarding SCARPs
The UK Financial Services Authority (FSA) has fined Credit Suisse’s UK operations £5.95 million for failing to maintain accurate records for its structured capital at risk products (SCARPs) and risk related systems and controls failures. According to the regulator, the private bank had inadequate systems and controls in place in order to assess its customers’…
Pricing Partners Upgrades its Hybrids Module to Determine the Volatility Bias
Pricing Partners announced today that the award winning Price-it solution enhanced its derivatives pricing library to compute automatically volatility bias due to stochastic interest rates in hybrids models. In a single asset equity (or fx or commodity) model that uses a stochastic interest rates, there is some additional volatility created by the stochastic drift. Hence,…
Q&A: Vikram Mehta of IBM System Networking – One Year In … New Low-Latency Products, OpenFlow, Comparisons to InfiniBand
Remember Blade Network Technologies? Well, a year ago it was snapped up by IBM, and given the charter to network IBM’s enterprise server and storage products, to provide a unified system. Trading firms – and exchanges – were big customers of BNT, so IntelligentTradingTechnology.com chatted to the company’s founder Vikram Mehta, now vice president, System…
Nine Out of 10 Bankers Not Confident Over Stress Testing – According to New Sybase Survey
Sybase, an SAP company and industry leader in enterprise and mobile software, today announced results of a survey showing that more than nine out of 10 capital markets executives lack confidence in bank stress testing, while more than 75 percent are struggling to capture trading system data. These key findings, among others, came from a…
ESMA’s IFRS Report Highlights “Room for Improvement” in Fair Value Data Disclosure
The European Securities and Markets Authority’s (ESMA) recent report on the application of International Financial Reporting Standards (IFRS) across the European region highlights that firms are still falling short in their data provision for fair value hierarchy and qualitative disclosures on risks arising from financial instruments. Although the European level regulator notes that progress has…
Charles River Data Service Ensures Timely, Accurate Data for Buy-Side Firms
Charles River Development (Charles River), a front- and middle-office investment solutions provider, today announced the availability of the Charles River Data Service, a new offering that delivers validated security reference, issuer, benchmark/index and pricing data aggregated from various leading providers directly into the Charles River Investment Management System (Charles River IMS). Live with its first…
Ullink Reduces Latency with Ouch, Teams with Fiberblaze
Ullink has added Ouch support to its UL IRIS+ pre-trade risk offering, reducing latency of checks from 3.5 microseconds previously attainable for the FIX protocol to just two microseconds. Ullink is leveraging FPGA-based network interface cards from Denmark’s Fiberblaze as part of its solution. Ouch is binary protocol developed by Nasdaq OMX, and supported by…
Kurtosys Launches Their New Interactive Analytical Web Tools Service for Asset Managers, Kurtosys Tools
Kurtosys Systems Limited announced today that their new interactive analytical web tools service, Kurtosys Tools, part of Kurtosys’ Digital Communications Platform, is now available for asset managers. Underpinned by Kurtosys Web, our leading web content management solution, Kurtosys Tools provides a refreshing way of presenting fund based data and content on asset manager websites. With…
IFDS Appoints Ian Betley in New Development Role
International Financial Data Services (IFDS), the investor record keeping outsourcing joint venture between State Street Corporation and DST Systems, Inc., announced today the appointment of Ian Betley as Group Executive, responsible for life and pensions business development, reporting to Paul Roberts, Managing Director. Prior to joining IFDS, Ian was Sales Director at Steria; responsible for…
Compliance Specialist co-comply Signs Three New Contracts
co-comply, the compliance and governance software supplier to the institutional and hedge fund industries, announces that it has signed three new contracts in the hedge fund, wealth and institutional asset management markets. Esemplia Emerging Markets, the active emerging markets equity asset manager, has agreed an initial three-year license for all modules of co-comply – the…