A-Team Insight Blogs The latest content from across the platform
Goldman Sachs Selects Lucsan Capital to Assist with Data Migration Projects
Lucsan Capital, an innovative technology, consulting services and advisory group specialising in system implementation and data migration for the financial services sector, is pleased to announce that they have been selected by Goldman Sachs & Partners Australia Pty Ltd (Goldman Sachs) to assist with two major data migration projects. Lucsan Capital will provide a range…
SIX Group’s Information Biz is Down 3% Revenue on Previous Year’s First Half Figures
The revenue for the first half of this year for SIX Group’s financial information business, SIX Telekurs, is down 3% on the previous year’s figure for the same period. According to the vendor, the decline from CHF205.3 million in 2009 to CHF199.1 million this year was largely attributable to the negative effect of the euro…
RBS is in the Final Stages of Consolidating Legal Entity Database Across Wholesale Business, Says Davies
Royal Bank of Scotland (RBS) Group may have faced a substantial fine this month from the UK Financial Services Authority (FSA) with regards to failures related to its anti-money laundering (AML) checking process, but a lot of work has been going on in the background at the firm in order to get its customer database…
Numerix Continues Expansion Across Asia Pacific; Opens South Korean Office
Numerix, a provider of cross asset analytics for derivatives valuations and risk management has opened a new regional office in Seoul, South Korea, becoming the first derivatives analytics company to provide local sales and quantitative support in the South Korean region. The new Seoul office symbolises the growth and importance of the derivatives markets in…
ABN AMRO Deploys PaceMetrics’ Assure Data Management Solution
PaceMetrics, a global provider of process-driven enterprise data management solutions, today announced that Dutch bank ABN AMRO has implemented its Assure solution to manage data across all asset classes. Now live, Assure will enable continuous management of pricing and reference data, including data cleansing and distribution to a large number of downstream systems and departments….
Societe Generale Securities Services Mandated by Santander Asset Management to Provide OTC Valuation and Collateral Management Services
Societe Generale Securities Services (SGSS) has been mandated by Santander Asset Management, the asset management division of the Santander Group, the 6th largest financial services group in the world by market capitalisation, to provide a range of asset servicing for its Luxembourg-domiciled funds which are administered and deposited with SGSS. SGSS has been selected for…
Mellon Capital Has Opted for Eagle’s Data Management Platform to Better Manage Risk, Says Lillard
BNY Mellon owned asset management firm Mellon Capital Management has opted to rollout Eagle Investment Systems’ data management platform in order to help the firm better manage risk and regulatory change, according to Linda Lillard, deputy chief operating officer at Mellon Capital. The San Francisco-based firm is already using Eagle’s performance measurement and attribution system…
Ball is in Swift’s Court to Convince of the Benefits of the BIC as an LEI, Says SEB’s Strandberg
Christine Strandberg, global product manager at SEB Global Transaction Services, reckons Swift has a job to do to convince the market of the benefits of its Bank Identifier Code (BIC) as a legal entity identifier. However, she is confident that due to the experience of the industry network operator in the standards development process, Swift…
CESR Reaches Out to Credit Ratings Agencies to Elaborate on Data Requirements for New Repositories
Following the passing of the European Parliament and Council Regulation on Credit Rating Agencies (EC 1060/2009) at the end of last year, the Committee of European Securities Regulators (CESR) has been charged with setting in place a new reporting regime for ratings agencies to provide information on the historical performance of their credit ratings issued…
Industry Groups Petition Against CESR’s Proposed Client Categorisation Regime Changes Under MiFID
Industry groups and associations including the Alternative Investment Management Association (Aima), the Association for Financial Markets in Europe (AFME) and the Futures and Options Association (FOA) have all indicated that they do not wish the Committee of European Securities Regulators (CESR) to push ahead with its proposed changes to the MiFID client categorisation regime as…