A-Team Insight Blogs The latest content from across the platform
Is There a Disconnect Between Basel III and the US FSOC on SIFI Criteria?
Chris Brummer, a senior fellow at the Milken Institute, reckons the current manner in which Basel III is taking shape may conflict with rules being developed by the US Financial Stability Oversight Council (FSOC) regarding the criteria by which firms are categorised as “systemically important financial institutions” (SIFIs). FSOC, the European Financial Stability Board (FSB)…
Aria Protected Funds Selects Pricing Partners’ Derivatives Independent Valuation Services
Pricing Partners announced today that Aria Protected Funds, a Luxembourg-based manager of high yield, protected funds, has selected Pricing Partners’ flagship independent valuation platform, Price-it Online (PIO) for its alternative assets. Aria Protected Funds will use Price-it Online to further validate and challenge counterparty pricing. Price-it Online will add an additional level of transparency and…
EDI and Failstation Combine their Expertise to Meet Client’s STP Goals
Exchange Data International (EDI), a provider of back office data, announced today a partnership with FailStation, the industry utility that aggregates real time failed trade and pre-matching trades for the industry. Middle Office Solutions (MOS) and Exchange Data International (EDI) have signed a partnership agreement to expand the products and services offered to their clients,…
Algorithmics Makes Case for Data Oriented Risk Management
In its latest paper, Algorithmics sets out the case for an integrated data-oriented approach to risk management, and outlines the practical steps risk IT professionals can take to achieve this. Based on Algorithmics’ innovative risk technology and decades of experience working with financial institutions around the world, the paper provides insight into risk-specific data issues,…
Thomson Reuters Strengthens China Leadership Team
Thomson Reuters today announced Chen Huang has been appointed the managing director of Investment & Advisory in China. The expansion of Thomson Reuters leadership team in China underscores the company’s commitment to growing its business by building local market expertise in China and across the Asia Pacific region. In this new role, Huang will be…
Exclusive: Fed CDO and DMRAV Headliner Bottega Takes on OFR Advisory Role
The US Office of Financial Research (OFR) has bagged another advisor in addition to recent Treasury appointee and ex-Morgan Stanley economist Richard Berner in the form of chief data officer (CDO) for the Markets Group at the New York Federal Reserve John Bottega. Bottega, who joined the Fed as CDO back in 2009 and is headlining…
US SEC: XBRL for Financial Statements
The Securities and Exchange Commission has adopted rules requiring companies to provide financial statement information in XBRL (eXtensible Business Reporting Language) to improve the information’s usefulness. This is an overview for companies that are required to begin submitting XBRL data during 2011 and summarises some of the main process issues, lessons learned to date and…
Hitchon of Deutsche Bank Named to DTCC Board
Jonathan Hitchon, co-head of Deutsche Bank’s Global Prime Finance business, has been elected to the Board of Directors of The Depository Trust & Clearing Corporation (DTCC). Hitchon was elected to the board replacing Robert Kaplan of State Street Bank and Trust, whose term had expired. All other members of the board were reelected, except for…
Stuffed with Standards
Last week witnessed the continuing evolution of a new standard for the identification of legal entities across the financial markets with the publication of the Sifma led coalition of associations’ feedback on the subject to the Office of Financial Research (OFR). But will it be just another standard to add to the many that the…
Profidata Group: Gunther Glabbatz New Regional Director for Germany and Austria
Profidata Group, a provider of investment and wealth management software, has announced the hire of Gunther Glabbatz. Glabbatz will take responsibility for business development in Germany and Austria. Prior to joining Profidata, Glabbatz held a similar role at SimCorp. Glabbatz has a broad experience with IT-implementation projects in the asset management, banking and insurance business….