A-Team Insight Blogs The latest content from across the platform
In the Firing Line
Last week’s MiFID reunion meeting involved both a handy roundup of all the MiFID related proposals coming down the pipe (although it was a speedy roundup, given the number of items to cover) and an opportunity for industry participants to do what they seem to like best of late: vent about regulatory grievances. In the…
MoneyMate Survey Reveals Buy Side Demand for Automation and Outsourcing of Data Management Processes
MoneyMate, a provider of investment data quality management solutions, today announced the results of a survey focused on the data management issues and challenges facing the asset management community today. Fifty percent of survey respondents indicated that manual processes are the greatest challenge in bringing their product data to market. Other challenges include timeliness (37.5%…
DTCC, SWIFT & XBRL US Unveil Business Case for Corporate Actions Automation
The Depository Trust & Clearing Corporation (DTCC), SWIFT and XBRL US today announced the results of a business case advocating a transformation in the way corporate actions announcements are communicated in the United States, allowing investors to receive information on such corporate actions as mergers, dividends, stock splits and other events in a more timely,…
Armour Appointed to Lead DST Global Solutions Business Process Solutions Division
DST Global Solutions has appointed Tony Armour as Managing Director of the company’s Business Process Solutions (BPS) division. Armour will be responsible for building on the organisation’s success in delivering solutions to the financial services industry as well as identifying and penetrating new and emerging markets. DST Global Solutions’ BPS business provides solutions to the…
Systemic Risk Regulator Should Resemble the CRO Function and Data Utility is Likely to be Too Costly
The 22 respondents to the Securities Industry and Financial Markets Association’s recent survey (Sifma) believe that regardless of the exact structure of the systemic risk regulator, its roles and responsibilities for the overall markets should reflect those of a firm’s chief risk officer (CRO). The Sifma member firms, regulators, clearing counterparties (CCPs) and exchanges involved…
JWG’s MiFID League Table Includes Four Main Reference Data Considerations
As previously noted by Reference Data Review, the current review of MiFID encompasses a whole host of reference data issues, which think tank JWG has handily included in its recently updated MiFID league table. The four main reference data changes comprise the new requirements for counterparty and client identifiers, the extension of post-trade data requirements, changes to…
Post-Trade Data Quality has Deteriorated Since MiFID But Are Current Proposals Enough for Instrument Identification, Asks FISD’s Davin
The market fragmentation that has been a major by-product of the introduction of MiFID has resulted in a number of serious data related issues in the OTC space in particular, said Tom Davin, managing director of the Washington-based Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA), at the recent MiFID…
Exchange Pulse Goes Live with SunGard’s MarketMap to Provide Real-Time, Global Pricing Data
Exchange Pulse, a Web-based source for prices, news and information for the sustainability industry, is using SunGard’s MarketMap (formerly Fame) to provide real-time U.S. and European commodity, currency and equity pricing data to Exchange Pulse’s brokers and individual traders via the company’s Web site. Exchange Pulse needed a global, real-time data solution that offered the…
JWG’s Di Giammarino Talks up Data Practicalities of Risk and Regulatory Onslaught
The long list of incoming regulations, especially those that will require the reinvention the risk management wheel, have thrown into the spotlight the need for firms to get a better handle on their operational risk, said PJ Di Giammarino, CEO of think tank JWG at the recent Thomson Reuters pricing event in London. Reiterating his…
ABSXchange Loan Analytics Platform Announces 11 New Clients
ABSXchange, Standard & Poor’s platform for structured finance and whole loan analytics, is pleased to announce it has won a number of new contracts with a series of large financial institutions in Europe. Standard Chartered, Natixis, Amias Berman, Bayern LB, Monte dei Paschi di Siena, Harbourmaster, Delta Lloyd, BPV, ESAF, Swiss & Global AM and…