A-Team Insight Blogs The latest content from across the platform
Virginie’s Blog – The Coming of the Regulatory Data Empire?
Not only has the Swift/Depository Trust and Clearing Corporation (DTCC) alliance been backed this week by a Sifma led industry coalition group to act as the issuer and registration authority for the new legal entity identification standard, but the partners have also received the support of a number of these same associations to establish a…
SAS’ ‘Big Analytics’ Tackles Big Data, Speeds Problem Solving
A powerful new release of SAS software helps enable faster, better decision making by improving analysis of vast and growing amounts of data. Whether a retailer optimising pricing for thousands of items, a hospital identifying which treatment plans improve patient health, or a government agency fighting fraud, SAS, the leader in business analytics, helps organisations…
WMDatenservice’s Heer Talks up European Potential of New German Financial Instrument Documentation Standards
Germany has recently introduced a new product information standard, called Produktinformationsblatt (shortened to the acronym PIB), that is an extension of the concept of the Key Investor Information Documents (KIID) under UCITS and aims to standardise the formatting of product information for the benefit of investors. Markus Heer, managing director of German data vendor WMDatenservice,…
A Low-Latency Rock Battle on Bleecker …
We’re always happy to help out an old friend and a good cause. In this case, music loving Joe Lalicata – one-time Lava Trading and Merrill exec, and now Direct Edge’s partnership’s guy – who is holding a friendly battle of the bands tomorrow night at Kenny’s Castaways on Bleecker Street. Proceeds to the Wounded…
Two Years in Austin – the Low-Latency Capital of the World?
OK, I jest a bit with that headline. But it was two years ago this weekend that my good friend Allan Nixon (he used to work alongside me at Waters many years ago) and I rented a U-Haul and took a road trip from Brooklyn to Austin, Texas. In the back of the van were…
Virginie’s Blog – The View from the Top
Ex-Financial Services Authority (FSA) head and British economist Howard Davies’ comments at this week’s SunGard City Day in London highlighted the seriousness with which firms should be treating Basel III, even if full implementation is eight years away. Davies called the new incoming regulatory standard on bank capital adequacy and liquidity “the most significant change…
SWIFT BICPlusIBAN Directory Helps Corporates Get SEPA-Ready
At the end of 2012, it will become mandatory under SEPA to use IBANs and BICs to identify the parties to payments transactions. Corporates still using old-style account numbers in their payments messages must have migrated to the new codes by that time. This means that in very short order corporates need to validate the…
Front Office Increasingly Concerned with Corporate Actions Data Quality, Says Bloomberg’s Haddock
The front office is increasingly concerned with the quality and timeliness of corporate actions data as it assists in the identification of prime trading opportunities and risks, according to Joseph Haddock, manager at data giant Bloomberg. Speaking at this week’s CorpActions 2011 conference, Haddock noted that increasing volume of corporate actions data that is being…
ECB Might be Agnostic About How Securities Settlement Harmonisation Happens, But Standards Are Foundation
The European Central Bank (ECB) might be keen for harmonisation across the European securities settlement environment, but it is not fussy about how it gets there, said Hugh Simpson, senior advisor to the central bank from Bourse Consult at this week’s CorpActions 2011 conference in London. One important prerequisite to harmonisation is (whether it be…
Thomson Reuters’ Roche Takes On Enterprise Realtime – But Not Elektron
With Mike Powell taking over as global head of Enterprise content at Thomson Reuters Markets, long-time real-time tech head Terry Roche is stepping in to take on the role of business head for Realtime, relinquishing his former development responsibilities to Enterprise CTO David Kelly. But Roche’s remit, however, doesn’t extend to Elektron, the Enterprise group’s…