A-Team Insight Blogs The latest content from across the platform
CRC Registry Requirements Causing Another Data Management Headache, Says Citi’s Gibson
As part of its Carbon Reduction Commitment (CRC) emissions trading scheme, the UK Environment Agency is asking firms to register their organisational structure in order to determine their carbon emission allowances. This necessarily involves financial institutions tracking reference data on the assets they hold and those held by their subsidiary entities, all of which adds…
Vermeg’s Settlement and Corporate Action systems Achieved 2008 SWIFTReady Label Accreditation
VERMEG, the accredited global securities processing software specialist announced today that Megara’s, MegaCustody and MegaCor modules have gained the prestigious Securities Settlement and Corporate Actions SWIFTReady labels for 2010. MegaCor achieved the certification having been assessed against numerous global market scenarios and MegaCustody against global market practices. The SWIFT certification report underlines the uniqueness of…
SmartStream’s North American Growth Continues with Toronto Office Opening and New York Expansion
SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced further investment across North America as it continues to win new clients in the region. SmartStream’s North American operations have experienced significant growth over recent years with leading US investment banks, hedge funds and asset managers becoming clients. This latest investment reflects both the company’s…
Xtrakter Moots Development of Trade Data Repository, Consults Industry on Plans
Given the announcement by the Depository Trust & Clearing Corporation (DTCC) that it would be establishing a European-based trade data repository in the UK earlier this week, it was only a matter of time before another willing party decided to join the fray. The DTCC’s potential competition comes in the form of Trax platform operator…
OFI Asset Management Selects Quantifi XL as its Pricing Tool for Structured Products and Distressed Markets
Quantifi, a provider of analytics, trading and risk management solutions for the global capital markets, today announced that OFI Asset Management has selected Quantifi XL for the pricing and analysis of their structured products and distressed market portfolios. OFI is one of Europe’s leading asset management firms, with deep experience in structured products and distressed…
Draft Agreement for EU-US Data Sharing on the Table with Plans for European-based Data Processing Centre
Following several months of debate, a draft agreement is finally on the table about data sharing arrangements between the US and Europe with regards to tracking terrorist financing. The potential compromise, which is to be voted on this week, could mean the eventual elimination of bulk transfers of data across the Swift network and the…
BarCap’s Duncan Elaborates on Increased Regulatory Driven Investment in Risk Management
In line with the marked increase in risk related regulation this year, many financial institutions have been compelled to step up their efforts in the space in order to be able to cope with the deluge of new requirements. Speaking at last week’s FS Club in London, Ed Duncan, global head of regulatory liaison and…
Bloomberg Extends BVAL to Cover Derivatives Valuations: Open and Transparent?
First it claimed to be “open” and now it’s looking to be transparent: data giant Bloomberg has this week extended its valuation service to include pricing services for OTC derivatives. As part of its wider push in the financial services data space this year and in line with the efforts of its main competitors in the…
Eagle’s Chairman Maiuri Adds Customer Focused BNY Mellon Asset Servicing Role to his Remit
Eagle Investment Systems’ chairman Lou Maiuri has added another role to his CV in the form of head of US financial institutions for the vendor’s owner BNY Mellon Asset Servicing’s new Global Financial Institutions (GFI) group. In this new role, which adds to his global head of outsourcing responsibilities for BNY Mellon Asset Servicing, Maiuri…
Broadridge Announces New Tax Forms Plus Solution
Broadridge Financial Solutions today announced the rollout of Tax Forms Plus, a new application providing automated tax form processing for securities broker-dealers throughout Canada. With the Tax Forms Plus system, the creation, amendment, duplication and cancellation of a client’s tax forms has been dramatically streamlined, simultaneously offering enhanced scalability, security and flexibility. In addition, the…