A-Team Insight Blogs The latest content from across the platform
New Commodity Derivatives IDs Likely to Prove a Headache for Both the Industry and Regulators
As well as highlighting the legal entity identification challenges that the industry is likely to face as a result of the MiFID review, attendees to this week’s MiFID Transaction Reporting Group meeting also elaborated on the instrument identification challenges of the European Commission’s planned extension of the directive to cover the OTC and commodity derivatives….
SEC Proposes First in Series of Rule Amendments to Remove References to Credit Ratings
The Securities and Exchange Commission today voted unanimously to propose amendments to its rules that would remove credit ratings as one of the conditions for companies seeking to use short-form registration when registering securities for public sale. Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires federal agencies to review how…
CFTC’s Dunn Admits That Key Market Definitions are Missing from Reforms at the Outset
The Commodity Futures Trading Commission (CFTC) has spent most of the start of this year complaining about its dire situation with regards to funding, but this week saw definitive proof that the regulatory reform process is starting off down the wrong track, with the admission by CFTC commissioner Michael Dunn that the regulator is pushing…
Angela Merkel’s Trading Platform Decision
If you think Angela Merkel had a tough time convincing the German public to bail out Greece, think what she’s facing as she prepares to tell them that their beloved Xetra trading platform is relocating to a former Ford car park in Basildon, a desolate corner of Southeast Essex. For that is what almost certainly…
Confluence Promotes Top Executives, Positions Global Fund Administration Technology Leader for Continued Growth
Confluence, a global leader in investment management data automation, today announced two strategic leadership promotions effective immediately. Kirk Botula has been promoted to President and Chief Operating Officer, and Confluence Founder Mark Evans is assuming the role of Chairman and Chief Executive Officer. Mr. Botula previously held the position of Executive Vice President and Chief…
SWIFT Launches SSI Initiatives to Reduce Settlement Errors and Increase Automation
SWIFT, the financial messaging provider for more than 9,500 financial institutions and corporations in 209 countries, today announced the roll-out of a range of new initiatives designed to reduce costly settlement errors and improve the rates of automation of Standing Settlement Instructions (SSIs). SWIFT’s initiatives are a response to the industry need for greater efficiency…
Moody’s Corporation Names Salli Schwartz Interim Vice President, Investor Relations
Moody’s Corporation announced today that Salli Schwartz has been named interim Vice President – Investor Relations. In this position, Ms. Schwartz will be responsible for outreach to Moody’s current and prospective shareholders and will manage Moody’s Investor Relations team. “Salli’s extensive knowledge of Moody’s businesses, combined with the perspective provided by her diverse experience in…
HSBC Live on Broadridge’s SWIFT MX Proxy Voting Message Service
Broadridge Financial Solutions, Inc. today announced that HSBC is the first live operational user of the new SWIFT MX Proxy Voting Messaging Suite using Broadridge’s global proxy processing solution. The SWIFT messages, based on the latest ISO 20022 messaging standard, are a new generation of SWIFT-based communications designed to increase processing efficiency throughout the proxy…
MoneyMate Expands North American Operations
MoneyMate, a leading provider of investment data quality management solutions, today announced the continuing expansion of its operations in North America with the opening of a new office in Boston. MoneyMate has also appointed industry veteran Stephen B. Kraunelis as Senior Vice President, North American Sales. Mr. Kraunelis will be based in Boston. With 20…
Hauck & Aufhäuser Investment Gesellschaft S.A. in Luxembourg Goes Live with Profidata’s XENTIS
n December 2010, Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG) in Luxembourg successfully went live with XENTIS, the fully integrated Investment Management System of the Swiss software provider Profidata, to support their sophisticated Fund Accounting needs. The implementation project started in February 2010, and by August, the first funds were migrated from the legacy system…