A-Team Insight Blogs The latest content from across the platform
Microgen Appoints Managing Director to Lead Financial Systems Division
Microgen Financial Systems Division today announced that it has appointed Simon Baines as managing director. The division operates across the wealth management, banking and asset management sectors and Baines will be responsible for identifying and capitalising on growth opportunities, enhancing existing client relationships and the strategic development of the division. Baines joins Microgen Financial Systems…
QBE European Operations Selects DataFlux to Improve the Value of its Corporate Information
DataFlux, a provider of data management solutions, today announced that QBE, a business insurance specialist with operations in 18 European markets, has selected DataFlux technology to help it improve the quality of data within its European data warehouse and to enhance its data migration process for systems consolidation. QBE will use DataFlux technology to standardise,…
PaceMetrics Boosts Product Management Team with Appointment of Principal Consultant
PaceMetrics, a global provider of process-driven enterprise data management and process monitoring solutions, today announced that Patrick James “PJ” O’Kane has been appointed as principal consultant. With a strong background in pricing and risk management in banking, O’Kane will be responsible for expanding the PaceMetrics product suite. As part of this he will focus on…
Data Transparency is Key to Risk Exposure Assessment for the Derivatives Market, Agree BNP Paribas’ Ruault and Newedge’s Colette
Data management solutions are receiving buy in from top level management because of the requirement to assess risk exposures in real-time and react to business opportunities and challenges, said Philippe Ruault, head of clearing, settlement and custody products at BNP Paribas, at last week’s SunGard City Day in London. Risk management has become much more…
Investec’s Gatfield, HSBC’s Hamilton and RBS’ Gibbons Agree on the Benefits of a Centralised Data Management Hub
A unified back office system with a centralised data management hub allows for the obvious benefits of global consistency of data, a reduction in operational costs (apart from the initial outlay) and the ability to meet risk management requirements, agreed panellists at SunGard’s City Day in London last week. Trevor Gatfield, head of securities operations…
UK’s CRC Deadline is Thursday 30 September, 2,598 Registered Thus Far
This week sees the deadline for UK public and private sector organisations required to register their businesses under the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) roll around and 2,598 have signed up thus far, according to yesterday’s figures from the UK Environment Agency. Firms have until 30 September (Thursday) to register for the new…
Algorithmics Advocates Active Management of Counterparty Credit Risk with CVA in New White Paper
In its latest white paper on counterparty credit risk, Algorithmics outlines several recommendations and milestones for any institution interested in actively managing its counterparty credit risk (CCR) using credit valuation adjustment (CVA) to price the counterparty risk. Since the crisis, there has been a shift from passive to active management of counterparty credit risk that…
SGSS’s De Nexon Highlights Challenge of Moving to the ISO 20022 Messaging Format
The decision to move to the ISO 20022 message format is not being taken lightly by the majority of the financial institutions in the market; Société Générale Securities Services (SGSS) for one is currently weighing up the ability of its clients and counterparties to support the standard and the migration costs involved. Eric De Nexon,…
Welcome to the Hotel California
A particular analogy used by a panellist at last week’s SunGard City Day in London (what once used to be the GL.Net Forum) stuck with me all weekend. In reference to the current regulatory regime, the speaker from Royal Bank of Canada compared the situation his firm was facing in light of the regulatory driven…
Euroclear Management Reshuffle Continues, May is Next Out of the Door
International central securities depository (ICSD) Euroclear has certainly had its fair share of people moves this year, with the departure of a number of its Xtrakter subsidiary execs earlier this year and the upcoming addition of ex-BNP Paribas Fortis exec Lieve Mostrey as chief technology and services officer at the start of next month. Following a…