A-Team Insight Blogs The latest content from across the platform
Resolving Symbols and Enabling Choice (Sponsored Article)
By Mark Woolfenden, managing director of FOW TRADEdata The choice of and the investment in trading solutions for both the buy side and sell side of the derivatives industry is an important determinant in the degree to which competition exists in brokerage and other trading related services. Well managed instrument symbology enables sell side firms…
Ex-Reuters Head Bannocks Joins Nomura International as MD in Charge of Ref Data Programmes
After six years at Thomson Reuters, most recently as head of post trade services, Christopher Bannocks has left the vendor to join Japanese firm Nomura’s UK-based Nomura International team as managing director in charge of reference data programmes. Prior to his exit, Bannocks moved from the Enterprise division to the front office focused Sales and…
Aim Software Plans Launch of a New Corporate Actions Scrubbing Module for the Start of 2011
Data management solution vendor Aim Software is planning to launch a scrubbing module for corporate actions in the first quarter of next year, according to Josef Sommeregger, vice president business development and sales at the vendor. The move is a reaction to client demand and also proved a deciding factor in SimCorp’s recent decision to…
B-Next’s Fabisch Talks up Growth Plans, Two New London-based Clients
Following its decision to partner with Interactive Data and set up UK-based operations last year, compliance and regulatory reporting platform vendor b-next has bagged two new clients in London and is searching for new recruits to bolster its team in the city. The vendor is looking to hire on the ground staff to deal with…
DTCC Names Leonard Head of Operational Risk
The Depository Trust & Clearing Corporation (DTCC) announced today that it has named Andrew Leonard as managing director and head of Operational Risk for DTCC. In this new position, Leonard will report directly to Donald Donahue, DTCC chairman and chief executive officer. Leonard is a financial industry veteran with more than 25 years’ experience leading…
Independent Report Recommends Rethink of Information Highway to Spot the Next Financial Crisis
Two years after Lehman slipped into bankruptcy, the Achieving Supervisory Control of Systemic Risk report, released today by JWG and Paradigm Risk, has found that, while regulatory progress has been made, the infrastructure required to spot the next financial crisis has yet to be effectively implemented. The report, which was commissioned by the Financial Services…
Thomson Reuters Launches Governance, Risk and Compliance Business Unit
Thomson Reuters today announced the creation of a new business dedicated to serving customers across the span of Governance, Risk and Compliance (GRC). The new business brings together Thomson Reuters GRC brands including Complinet, Paisley, Westlaw Business, West’s Capitol Watch, Oden and Westlaw Compliance Advisor. It will be led by Thomson Reuters former chief strategy…
Bar Codes for Banking: GS1 US and Financial InterGroup Creating Practices for Identifying Financial Documents
Nearly 40 years after the retail industry adopted the UPC bar code to improve transaction processes and information flow, the bar code’s administrator and a financial industry development firm are working to bring similar gains to financial documents, their associated electronic financial transactions, and their users. GS1 US, the not-for-profit standards organisation that supports the…
Citi to Act as Proving Ground for XBRL Tagging in Corporate Actions Space
Following on from the release of its case study earlier this year, XBRL US has indicated that it is working with global custodian Citi on a pilot programme to prove the benefits of XBRL tagging in the corporate actions space. The pilot is focusing initially on tests on dividend announcements issued by American depository receipts…
Barrage of New Regulation Could Cause Death by Data Drowning, Warns ISMAG’s Gubert
The slew of new regulations entering into force over the next few years, including a new iteration of MiFID, the multiple legislative changes resulting from the Dodd-Frank Act and the Securities Law Directive (to name just a few), will result in such an increase in reporting requirements that firms may find themselves in danger of…