A-Team Insight Blogs The latest content from across the platform
Pricing Partners and Pyxis Systems Sign Agreement on Price-it Online Distribution in India
Pricing Partners announced today that Pyxis Systems, a provider of technology solutions and services to the global financial derivatives industry, has chosen its revaluation platform Price-it Online to address their requirements in performing independent revaluation of complex OTC derivatives for a rapidly growing Indian market. This agreement is the first of what hopes to be…
Numerix to Provide Pricing Models for Thomson Reuters Risk Management Software Suite
Numerix, a provider of cross-asset analytics for the structuring, valuation and risk analysis of derivatives and structured products, today announced Thomson Reuters will extend Numerix’s vanilla – exotics pricing solutions and risk analytics in Thomson Reuters Kondor+ Suite and TopOffice solutions. Financial service firms using Thomson Reuters Kondor + Suite to build and trade structured…
Stop Press: General Atlantic Buys ‘Significant’ Stake in Bank-Owned Markit
Greenwich, Conn.-based private equity firm General Atlantic has acquired a “significant” minority stake in bank-owned pricing and valuations supplier Markit in return for a “substantial equity investment” in the company. While the size of the stake wasn’t disclosed, it’s significant enough to warrant a board seat for General Atlantic CEO Bill Ford. The General Atlantic…
Let’s Focus on Inter-Party Latency
Latency – and keeping it low – remains a concern for the financial markets. We at A-Team know, because our latest poll at low-latency.com found that 80% of respondents reckoned it will be more of a concern in the future. With all this algo and high frequency trading going on, events in the world would…
Cadis Poaches Deutsche Bank’s Weber, Linedata’s Willaime, Asset Control’s Meaney and Charles River’s Dobson
Following a year of investment in its flagship solution and the acquisition of compliance software firm C8, EDM vendor Cadis has begun 2010 with a bout of hiring, including poaching a number of executives from rival vendors. The vendor has appointed ex-Deutsche Bank vice president Rob Weber as its new managing director in New York,…
Aim Bags Second Client Win of 2010 with Switzerland’s Finter Bank
Data management solution vendor Aim Software has bagged its second client win of the year this month with Swiss private bank Finter Bank Zurich, which has opted for an application service provider (ASP) version of the vendor’s Gain data management platform. The solution will be deployed as an ASP service via outsourcing vendor SFB’s services4banks…
Pricing Transparency and Liquidity Risk are Top of Investors’ List of Concerns, Says SEI Survey
Institutional investors investing in the hedge fund market are more concerned about issues around pricing transparency and liquidity risk than ever before, according to a recent survey conducted by investment management solution vendor SEI and consultancy firm Greenwich Associates. These issues have even surpassed concerns over poor performance of these funds, says Phil Masterson, managing…
EACH Publishes CCP Risk Management Recommendations
EACH, the European Association of Central Counterparty Clearing Houses, has published its Supplementary Risk Recommendations. This document is the result of work undertaken by EACH risk experts since the finalisation of the ESCB-CESR Recommendations and provides further guidance concerning voluntary enhancements to CCPs’ risk management. The preparing of these recommendations demonstrates EACH’s strong commitment to…
UK FSA’s Turner Talks up the Data Challenges of Altering Accounting Standards
There is a degree of tension between those seeking to reflect the “truth” with changes to accounting standards and those wishing to reflect the concerns of prudential regulators, according to UK Financial Services Authority (FSA) chairman Adair Turner. In a speech last week to the Institute of Chartered Accountants in England and Wales (ICAEW), Turner…
NewRiver Partners with Miningham & Oellerich
In an ongoing effort to extend the company’s compliance grade mutual fund data to all broker-dealers, NewRiver today announced a new partnership with Miningham & Oellerich (M&O), a provider of front and back office solutions for broker dealers. NewRiver – creators of the leading central repository of mutual fund documents and data for financial services…