A-Team Insight Blogs The latest content from across the platform
CFTC’s Gensler Highlights Some of the Incoming Data Requirements for Swaps Repositories
The Commodity Futures Trading Commission (CFTC) is working towards defining rules for the data that must be submitted to the new swaps data repositories, which are due to be established as part of the Dodd-Frank Act. Speaking at the International Swaps and Derivatives Association (ISDA) regional conference last week, CFTC chairman Garry Gensler explained that…
Interactive Data Names Alex Goor Chief Information Officer
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that Alex Goor has been appointed chief information officer, effective immediately. Mr. Goor, 38, is responsible for development and operations across Interactive Data globally. He is based in New York and reports to Mason Slaine, Interactive Data’s chairman, president…
Data Management is in its Awkward Teenage Years, Says EDM Council’s Atkin
Data management has progressed beyond its infancy and is now well into its awkward teenage years, where the industry is standing at the point of delivery, moving from planning to execution, according to Mike Atkin, managing director of data management industry group the EDM Council. As part of its recent industry benchmarking exercise, which involved…
Pricing Partners Releases the Miri Benhamou Gobet Model
Pricing Partners announced today that it has released the Miri Benhamou Gobet model in its analytics suite, entitled Price-it. The Miri Benhamou Gobet model as explained in seminal publications is a combination of local volatility and jump model. Thanks to its local volatility feature, it can capture and calibrate very effectively smile volatility surface. But…
Global Benchmarking Survey by EDM Council and Headstrong Reinforces Importance of EDM for Regulatory Compliance
The Enterprise Data Management (EDM) Council and Headstrong, an IT consulting company for financial services, today announced results of their 2010 industry benchmarking survey on the current state of data management among global financial institutions. Sponsored by Headstrong and with analysis completed by the EDM Council, the survey demonstrates the rising importance of EDM as…
Data Quality Takes Priority Over Speed in the Risk Management Challenge, Says Mizuho’s Tweddle
Speaking at this week’s A-Team Insight Exchange conference in London, Mizuho International’s risk management chief operating officer Simon Tweddle explained to delegates that although timeliness of data is becoming much more important from a risk management perspective, this must not come at the cost of data quality. “When talking about this area, one must recognise…
Transformative Projects are Unlikely to Happen this Year in the Risk Data Space, Says Kinetic Partners’ Collins
“In 2010 it will be difficult to do anything transformative,” John Collins, member of risk management platform provider Kinetic Partners focused on the vendor’s consulting business, told delegates to A-Team Insight Exchange in London this week. The cost pressures of the current market climate and an unwillingness to change core technology platforms will continue to…
CQS Win is Representative of OTC Val’s Post-Acquisition Appeal, Says Tullett’s Humphrey
Following its acquisition of specialist derivatives valuation vendor OTC Val earlier this year, Tullett Prebon has bagged its first public client win in the form of hedge fund CQS. According to Paul Humphrey, CEO of Tullett Prebon’s Electronic Broking and Information division, this win is representative of the increased customer appeal of the OTC Val…
Swift to Reduce Message Prices by an Average 20 Percent
Swift, the provider of global financial messaging services, announced today that it is reducing the price of messages on its core FIN service by an average of 20 percent. This will represent an estimated saving of EUR 70 million for Swift customers in 2011. The new pricing plan takes effect on 1 January 2011. “We…
Mason Slaine Named Chairman, President and CEO of Interactive Data Corporation
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that Mason Slaine has been named chairman, president and chief executive officer of the Company, effective immediately. Mr. Slaine replaces Raymond D’Arcy, who will now serve as vice chairman of Interactive Data. Mr. Slaine has held a number of…