Data Management Insight Blogs The latest content from across the platform
NYSE Euronext Acquires IVRS, Launches Prime Source To Capitalise on Market’s Transparency Focus
LIFFE (Holdings), a subsidiary of NYSE Euronext, has acquired Independent Valuation and Risk Services (IVRS) for some £700,000, plus a deferred consideration element. Hard on the heels of this acquisition, NYSE Euronext has also launched Prime Source, a new independent valuation service. IVRS is a wholly-owned subsidiary of Lombard Risk Management, provider of software and…
Reuters Aims to Price 100% of Customers’ Derivatives Holdings
Reuters’ recently announced service for delivering bespoke valuations for derivatives and complex securities (ReferenceDataReview.com, January 28 2008) formalises an activity the vendor has been testing for a couple of years, and reflects a recognition that firms increasingly want to offload the valuations burden on to a third party. Reuters has been providing bespoke evaluations to…
Credit Crunch Pushes Industry Mood in Favour of Third Party Valuations, OTC Val’s Blance Believes
The credit crunch may have put pressure on spending decisions by financial institutions, but the need for external sources of evaluated prices, particularly for asset backed securities, has been “starkly portrayed”, and the “mood is definitely swinging in favour” of making greater use of third party sources, believes Ian Blance, who recently joined derivatives specialist…
Swiss Life Funds Live with Aquin Data Management, Reporting Platform
Swiss Life Funds (Group Swiss Life), a subsidiary of Swiss Life Investment Management Holding, Zürich, has implemented Aquin Components’ central data management and reporting platform to support consolidation of fund and historic data and unified fund reporting, DVS. It took just 10 months to fully implement the DVS platform, providing Swiss Life Funds with a…
Standard & Poor’s to Provide Counterparty Data Feed to Siperian MDM Hub
Standard & Poor’s is providing a counterparty data feed to Siperian’s master data management (MDM) Hub, enabling Siperian customers to view relationships between securities, issuers, parents and subsidiaries for better risk analysis and operational management. With the combination of Siperian’s master data management platform and Standard & Poor’s security and legal entity data feed, Security…
NYSE Euronext Unveils Independent Valuation Service Prime Source
NYSE Euronext (NYX) has launched Prime Source, a new independent valuation service. This solution is designed to meet professional buy side market participants’ needs for valuation of large, global portfolios of complex structured products and illiquid securities. Prime Source enables users to access prices and valuations from different sources, including markets, dealer contributions and valuation…
Lombard Risk Sells Independent Valuation and Risk Services Subsidiary to Liffe
Lombard Risk Management, provider of regulatory, risk management and valuation software for the financial sector, has sold its wholly owned subsidiary Independent Valuation and Risk Services (IVRS) to Liffe (Holdings), the subsidiary of NYSE Euronext, for a consideration of some £700,000 plus a deferred consideration element to be calculated based on actual revenues that are…
Asset Control Adds London Stock Exchange, eMBS, Thomson Financial Coverage
Asset Control has expanded the data coverage of its centralised reference and financial data management solutions through additional data feed and normalisation library interfaces with the London Stock Exchange, eMBS and Thomson Financial. The new interfaces, which bring the number of Asset Control’s off-the-shelf interfaces to more than 30, provide additional data coverage for the…
B.I.S.S. Creates New Corporate Actions Systems Awards
B.I.S.S. Research, which provides benchmarking of services and systems in the financial services sector, has launched four new awards for the best corporate actions systems for broker/dealers, asset managers, custodians and overall sector winner. The awards will run in parallel to the existing B.I.S.S. Accreditation process for corporate actions systems. Gary Wright, CEO, B.I.S.S. Research,…
Asset Control Appoints John Mitchell to Lead North American Sales
Asset Control has appointed John Mitchell as North American sales director based in New York. In his new role Mitchell will be responsible for generating new business and expanding Asset Control’s regional presence for its centralised reference and financial data management solution for financial institutions. Prior to joining Asset Control, Mitchell was vice president of…