A-Team Insight Blogs The latest content from across the platform
Smoke or Fire in Latency M&A?
It’s surprising how market downtime – that is to say the just-passed holiday period – continued to generate tittle-tattle, which of course we were able to monitor from the southern tip of Europe thanks to the modern marvel that is the iPhone. Tittle-tattle it may be, but something is afoot in the low-latency connectivity space….
T2S Meeting Highlights Ongoing Corporate Actions and Shareholder Transparency Concerns
Last month’s Target2-Securities (T2S) meeting at the European Central Bank (ECB) highlighted the progress that has been made by the Corporate Actions Sub-group (CASG) and the Shareholders Transparency Sub-group in attempting to sort out the data standardisation challenges in their respective areas of connecting to the pan-European settlement system, which is due to be launched…
SEI Expands Middle Office Services with Enhanced Pricing and Valuation Capabilities
SEI today announced that it has extended its array of middle office services by enhancing its asset pricing and valuation validation solution for investment managers. The solution, which leverages the independent valuation and pricing models of industry leading third party pricing providers, is designed to provide managers with more accurate and independent pricing verification. The…
Industry Has Until 22 February to Respond to CFTC’s Legal Entity Identification Proposals for the Swaps Market
Following on from the series of roundtables last year conducted by the US Commodity Futures Trading Commission (CFTC) to examine the data standardisation challenges underlying the provisions contained within the Dodd-Frank Wall Street Reform and Consumer Protection Act, the regulator has published a set of proposals in the Federal Register regarding the identification of counterparties…
Information Builders and Unisys Help Financial Industry Meet New Compensation Time Rules
Information Builders today announced that it has launched a joint solution with the UK subsidiary of Unisys Corporation for the British financial services industry. The arrangement will enable financial institutions to collate data from multiple sources to provide a single view of each customer. This is in response to the latest Financial Services Authority (FSA)…
Starting 2011 with a Bang?
As well as the customary fireworks displays around the world, the start of 2011 has seen the transformation of what was once the Committee of European Securities Regulators (CESR) into the new (and supposedly improved) European Securities and Markets Authority (ESMA, see the new website here). But, apart from the obvious change in moniker, what…
Broadridge Expands Multi-Channel Communications Offerings
Broadridge Financial Solutions continues to expand its multi-channel communications offerings by adding another distribution channel to its portfolio of communication solutions with the introduction of Pitney Bowes’ new Volly secure digital delivery service. Broadridge clients will be able to communicate with customers and shareholders using the latest digital technology, as Broadridge becomes the first to…
Senior Supervisors Group Report Highlights Need for Better Management of Risk Data
The aggregation of risk data remains a challenge within most financial institutions, according to a report released last month by the Senior Supervisors Group (SSG), which is comprised of 13 regulatory bodies from 10 countries. The report, Observations on Developments in Risk Appetite Frameworks and IT Infrastructure, indicates that although many firms have kicked off…
CESR Champions Underlying Reference Data Standardisation in its Latest OTC Platform Trading Advice for MiFID
In its latest technical advice to the European Commission as part of the ongoing MiFID review, the Committee of European Securities Regulators (CESR) has reprised its data standardisation theme as the “preliminary step on the way to organised platform trading” of OTC derivatives. Progress within the front office is therefore predicated on getting the data foundations…
Hibernia Secures $250 Million for Project Express
Hibernia Atlantic has secured a $250 million financing commitment for Project Express, its planned transatlantic low-latency connection for high frequency traders. The funding, from one of its vendors, Huawei Marine Networks Co., allows Hibernia to proceed with what it anticipates to be the fastest trading link between New York and London with expected latency of…