A-Team Insight Blogs The latest content from across the platform
Swift’s Halberstadt and Pobuda Elaborate on its Progress in the FX and Payments SSI Space, Reference Data Utility Plans
It is no secret that Swift’s 2015 plan includes a great deal more about reference data than previous strategies devised by the industry network operator. In February, Swift announced that it would be putting words into action in the payments and FX standing settlement instruction (SSI) space by establishing a new service in these markets,…
Commerzbank’s Natter Highlights Progress of its Data Management Project with Asset Control
Following its merger with Dresdner Bank in 2008, Commerzbank opted to integrate its risk management processes and instead of building an in-house solution for the data underlying those processes, it selected Asset Control’s AC Plus platform for the job. Speaking at last month’s A-Team Group Data Management for Risk, Analytics and Valuations (DMRAV) conference in…
SEC Publishes 517 Pages of Proposed Rules for Ratings Sector, More Data Transparency is on the Cards
At the end of last month, the Securities and Exchange Commission (SEC) published a 517 page document that details a whole host of new requirements for ratings agencies and those that use ratings in their day to day operations (ergo most of the market). The paper adds to the regulator’s recent investigation into he feasibility…
Translation Fears Mount Over KIID Documents
Legal, translation and reporting specialists have voiced fears over the burden for fund promoters under UCITS IV. Among the important legal, workflow and production challenges in meeting the KIID (Key Investor Information Documents) requirements to be implemented in July, fund managers that wish to ‘passport’ UCITS funds into other EU states will have to translate…
Thomson Reuters Adds Ex-Wolters Kluwer Exec Curtis to its Ranks
The revolving door at data giant Thomson Reuters continues to spin unabated (see commentary on the recent slew of people moves) with the addition of ex-Wolters Kluwer MD Dean Curtis to its ranks. Curtis, who was with the regulatory solutions specialist for nearly four years and was likely a casualty of the recent FRSGlobal acquisition,…
Virginie’s Blog – Swift’s Future Focus?
Swift has a serious decision to make this year about its potential future in the securities reference data space, beyond legal entity identification and standing settlement instructions (SSI) in the FX and money markets that is… Last month, Swift was selected by ISO as the successful candidate to act as the registration authority for its…
AIFM Level 1 Directive Still Not Fit for Purpose in Spite of Delay, say Kinetic Partners
Level 1 of the AIFM Directive, which was due to be published in Q1 2011, was finally published by the EU on 27th May. It was hoped that the delay was an indication of the level of improvements that were needed and that the final published text would have addressed all the deficiencies present in…
Reliance on Data Vendors, Cost and Poor Data Quality Remain Hurdles to Transparency, Says City of London Paper on MiFID
As the MiFID review process rumbles on ahead of a potential sequel, more and more attention is being directed towards the data quality issues underlying the barriers to post-trade market transparency. On this note, the City of London’s recently published report into the impacts of MiFID (handily titled “Understanding the Impacts of MiFID”) indicates that…
Rongo Partners with Talend to Meet Real-time Data Demands
Rongo, the Finnish consulting company focused on information management, has partnered with Talend, an open source data management specialist, furthering its commitment to delivering the highest quality and cost effective tools to its customers. The company was established in 2006, and operates out of Espoo and Tampere. Rongo provides consulting and information management solutions, spanning…
Jeff Nason Joins Butterfield Fulcrum to Lead Global and Strategic Relationships
Asset management professional Jeff Nason has joined Butterfield Fulcrum, a leading top five independent fund services provider, as Managing Director, Global and Strategic Relationships. In this newly created position, he will be responsible for further developing Butterfield Fulcrum’s relationships with large, complex alternative asset fund groups. Based in the New York office, Mr. Nason will…