A-Team Insight Blogs The latest content from across the platform
Broadridge Signs Agreement to Acquire NewRiver
Broadridge Financial Solutions announced today that it has signed an agreement to acquire NewRiver, a leader in electronic investor disclosure solutions, for approximately US$77 million. The merger agreement, which was signed last night, has been approved by the boards of directors of both companies, and the transaction is expected to close in August subject to…
SEB’s Strandberg is Unsure About the Benefits of XBRL for Corporate Actions STP
Some in the market may be convinced of the benefits of XBRL for the entire corporate actions process (see our interview with BNY Mellon Asset Servicing’s Paul Bodart for example), but not everyone agrees that it is the key to increasing end to end straight through processing (STP) in the space. Christine Strandberg, global product…
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…
Mellon Capital Selects Eagle’s Data Management Solution Following Successful Performance Project
Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced that Mellon Capital Management Corporation has selected Eagle’s data management platform in addition to the vendor’s performance measurement and attribution system currently in operation. Improved data management remains a priority for investment managers as the financial services industry…
End is in Sight for Swift’s Lean Programme, But is it Fighting Fit?
Ahead of this year’s Sibos in Amsterdam and following the approval of the 2015 strategy, I have been asking people what they think of Swift and its new five year plan. The most obvious concern for most of the market seems to boil down to one thing: cost. Whatever you think of its new, more…
Opinion: Bridging the Counterparty Risk Gap
By Xavier Bellouard, co-founder at Quartet FS With the European stress testing exercise this summer casting a further spotlight on the industry, financial institutions across Europe are continuing to grapple with risk management. In particular, counterparty risk exposure is under the spotlight after coming to the fore during the demise of Lehman’s. While the majority…
Tykoczinski Joins Kinetic Partners, Bolstering Risk and Valuation Services
Isabelle Tykoczinski has been appointed a member at Kinetic Partners, and will be joining the London risk team to strengthen and develop Kinetic Partners’ current risk offering. This new appointment will further enhance Kinetic’s capabilities across the risk spectrum, backed up by proven execution capabilities, including its Risk and Valuation Services (RVS) platform and analytics….
AFME, ISDA and Italy’s Assosim Support Transaction Reporting Via Repositories, Greater Data Standardisation
The Association for Financial Markets in Europe (AFME), the International Swaps and Derivatives Association (ISDA) and Italy’s Associazione Italiana Intermediari Mobiliari (Assosim) have pledged their support for trade repositories to be recognised as valid third party reporting mechanisms under Article 25(5) of MiFID, thus instating them as official transaction reporting (and related reference data) repositories…
UK’s CRC Deadline is Imminent and 76% Have Yet to Register, is Data Management Holding Them Back?
There are 48 days to go and only 1229 of the large public and private sector organisations required to register their businesses under the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) have thus far done so. As noted by Citi’s Meredith Gibson last month, the data management requirements of the UK Environment Agency’s new mandatory…
Eagle Moves Legrand to Singapore Office, Plans London Expansion
Following its establishment of an office in Singapore in October last year, data management solution vendor Eagle Investment Systems has decided to move its current Asian and EMEA managing director John Legrand from his London base out to the office in order to boost its competitive approach in the region. The US headquartered vendor subsidiary…