A-Team Insight Blogs The latest content from across the platform
Getting Sidetracked on the Topic of MiFID
This week’s MiFID Forum debate was a case in point of how easy it is to go off track when discussing the current barrage of consultation papers released related to the MiFID review. Although some of the discussions were interesting from a bigger picture perspective, I expect that much more productive talks will take place…
Sophis Wins Contract for China Re Asset Management
Sophis, a provider of cross-asset, front-to-back portfolio and risk management solutions, has been awarded a contract from China Re Asset Management Company (CRAMC), the asset management arm of China Reinsurance (Group) Corporation, to implement Sophis VALUE, its flagship buy side system. The mandate marks the first mainland Chinese insurance company to adopt a fully integrated…
Two Weeks Until Firms Need to Supply Their Pre-implementation Reports to the UK FSCS for SCV Compliance
The UK Financial Services Authority (FSA) has been doing its level best this year to make the industry aware of the new customer data requirements as part of the incoming Financial Services Compensation Scheme (FSCS) Single Customer View (SCV) reforms, but time is running out. Firms have the next two weeks in which to pull…
US SEC Asking for Feedback on Proxy Voting Proposals Including Data Tagging
The US Securities and Exchange Commission has just opened a 90 public comment period for consideration of its proposals to modernise the proxy voting system in the country by increasing electronic messaging and XBRL tagging. Last year, SEC chairman Mary Schapiro launched a comprehensive review of the US proxy system in order to determine a…
T2S Corporate Actions Working Group Raises Potential Processing Issues Within System
As noted by Reference Data Review back in April this year, the European Central Bank’s (ECB) Target2-Securities (T2S) settlement system could have a significant impact on the area of corporate actions and some progress has already been made by the Corporate Actions Sub-group (CASG) in defining the issues that need to be tackled in this…
Quantifi Releases Next Generation Yield Curve Construction
Quantifi, a provider of analytics, trading and risk management solutions for the global capital markets, today announced the release of a new generation of yield curve construction that supports the latest best market practice of ‘Double-Curve’ interest rate valuation. The recent credit crisis introduced fundamental changes to the way interest rate derivatives are valued. The…
Northern Trust Provides Daily Valuation of Property Derivatives
Northern Trust announced today that it can offer clients daily independent valuations for complex OTC property derivatives. The product which has been developed in response to an increasing trend for property funds to use OTC derivative instruments, is the latest in a series of enhancements to the suite of services Northern Trust offers real estate…
Major Global Banking Group Chooses FRSGlobal for Regulatory Reporting in 33 Countries Worldwide
FRSGlobal today announced that a major global banking group has selected its platform to meet regulatory demands in 33 countries worldwide. The banking group currently uses FRSGlobal solutions in six countries and, following a thorough selection process, has extended the scope to cover a further 27 countries around the world with this most recent signing….
New Data Validation Steps Required Under CESR’s Proposed MiFID Client Categorisation Regime Changes
As part of the ongoing review of MiFID, the Committee of European Securities Regulators (CESR) has published a new consultation paper on the subject of client categorisation that indicates a more structured approach to maintaining and monitoring entity data will be required within European financial institutions. The proposed requirements, which are aimed at strengthening investor…
Algorithmics Signs up for First Derivatives’ Delta Reference Data Factory as its New Reference Data Engine
If further proof was needed of the importance of reference data management to the risk function, the news that risk management solution provider Algorithmics has decided to invest in a new core reference data engine should provide it. Algorithmics has signed up for First Derivatives’ Delta Reference Data Factory, which the vendor acquired along with…