A-Team Insight Blogs The latest content from across the platform
XSP Moves to the Trump Building at 40 Wall Street
XSP announced that the company has moved its New York office to the Trump Building at 40 Wall Street. The relocation is part of a 10 year lease and designed to accommodate XSP’s growing requirements. Brendan Farrell, CEO at XSP, said: “This is an exciting time for XSP as we head into 2011 – our…
Euroclear Nederland Ready for Dutch Securities Dematerialisation
Euroclear Nederland is now taking measures to remove all paper-based securities certificates in the Netherlands, in compliance with an amendment to the Dutch Securities Giro Act (“Wet giraal effectenverkeer”). Signalling a move towards full securities dematerialisation in the Netherlands by the end of 2013, the revised legislation, which took effect on 1 January 2011, means…
Opinion: Closing the Control Loop
By David Sherriff, chief operating officer of Microgen Despite some dramatic events in 2010, the global banking system was able to hold steady. Since the economic crisis took hold, the majority of banks have invested heavily in back office systems in order to tighten their financial control, yet the spotlight remains firmly on the City….
Asset Control Links to Fidelity ActionsXchange to Enhance Corporate Actions Data Management
Asset Control has enhanced its corporate actions financial data coverage with integration between its AC Plus data management platform and Fidelity ActionsXchange, a Fidelity Investments company and provider of global corporate actions solutions. AC Plus’ integration with ActionsXchange’s ActionService platform provides customers with enriched corporate actions event information, which can be combined with other security…
EDM Council to Launch New Operating Model, Cites ISO, Swift and GS1 as the Top Three Contenders for Entity Identification
The EDM Council has decided to restructure its operations under four main areas of business in order to better engage with the industry it is charged with representing: standards; best practices; engagement (with a focus on regulators and academia); and internal operations. A large proportion of the standards work will likely focus on the area…
What to Expect in 2011
What a year it has been for reference data management. Data quality has been such a high profile topic that it was discussed during one of the US House-Senate conference committees and, across the pond, was also championed by the European Central Bank’s (ECB) president Jean-Claude Trichet during a number of speeches over the course…
CESR Presents Examples of Formatting for UCITS Key Investor Information Documentation
Earlier this year, the Committee of European Securities Regulators (CESR) published a series of consultation papers providing guidelines for the selection and presentation of data for the new Key Investor Information (KII) documents and this week, the regulator has published more related data requirements for these new UCITS documents. The CESR guidelines on the selection and…
Ingres Closes 2010 with Strong Financial Results and Unique Market Position
Ingres Corporation, innovators of VectorWise, a breakthrough analytic database, and provider of open source enterprise grade database, today announced that it is set to close out 2010 with substantial year on year growth, resulting in a strong balance sheet, positive cash flow and increasing profitability. This significant performance was driven by the continued new adoption…
The Options Clearing Corporation Announces Two Officer Promotions
Mary Savoie to first vice president, Industry Services from vice president, Industry Services. She will continue as lead manager of the Options Industry Council, an industry cooperative programme of comprehensive options education for retail and institutional investors and financial advisors. Savoie will also manage OCC’s role in organising the Options Industry Conference and OCC’s Corporate…
European Systemic Risk Board Established
The legislation establishing the European Systemic Risk Board (ESRB) came into force today. The seat of the ESRB is in Frankfurt am Main and its Secretariat is ensured by the European Central Bank (ECB). The ESRB is an independent EU body responsible for the macro-prudential oversight of the financial system within the Union. It shall…