A-Team Insight Blogs The latest content from across the platform
Wholesale Market Brokers’ Association Publishes Repurchase Overnight Index Average (“Ronia”)
Wholesale Market Brokers’ Association (“WMBA”) today announces that it is publishing the Repurchase Overnight Index Average (“RONIA”), a new UK secured money market benchmark. The new index tracks actual market secured overnight funding rates in sterling and is compiled as a weighted average of transactions brokered in London, supplied by members of the WMBA between…
Societe Generale Securities Services Appoints New Head of Sub-Custody Network Management
Societe Generale Securities Services (SGSS) has appointed Mathilde Guérin as Head of Sub-Custody Network Management. Based in London and reporting directly to SGSS executive directors, she replaces Paola Deantoni, who will be taking on a new position within SGSS. With over 18 years experience in the securities services industry in charge of project management and…
Isabelle Brancart Appointed to Head of Sales and Relationship Management for State Street Switzerland
Street Corporation, one of the world’s leading providers of financial services to institutional investors, announced today that Isabelle Brancart has joined State Street as Head of Sales and Relationship Management for Switzerland. Isabelle will report to Jörg Ambrosius, managing director of State Street Bank GmbH and René Charrière, senior vice president for State Street in…
Broadridge Launches New Informational Micro-Site for Issuers
Broadridge Financial Solutions, Inc. announced today that its Investor Communication Solutions business in Canada has launched its informational micro-site, “Charting the Course.” This new web site is yet another example of Broadridge’s continued commitment to education and the exchange of balanced information within the capital markets community. The site features an extensive collection of regulatory…
Greater Importance Being Placed on Assumptive Data for Valuations, Agree DMRAV Panellists
Increased importance is being placed on providing the assumptive data inputs that are going into pricing and valuations calculations, according to panellists at last month’s A-Team Group Data Management for Risk, Analytics and Valuations (DMRAV) conference in NYC. This data is required as a result of changes to accounting rules related to fair value by…
US Regulatory Agencies Publish Op Risk Guidance Highlighting Importance of Data Inputs, Governance and Validation
The Office of the Comptroller of the Currency (OCC), along with the board of governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC) and the Office of Thrift Supervision (OTS), have published their interagency guidance for operational risk as part of the US adoption of the advanced measurement approach (AMA) for risk-based…
Fitch Launches Analytical Tools for EMEA and Asia-Pacific Corporates
Fitch Ratings has released tools designed to help investors better understand Fitch’s analytical approach, in particular the agency’s approach to computing credit metrics in IFRS jurisdictions, and its bespoke recovery analysis. “These new tools are a continuation of EMEA Corporates’ Clear Thinking programme, which is designed to make Fitch’s ratings more transparent and useful to…
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…