A-Team Insight Blogs The latest content from across the platform
MSRB Grants Omgeo Approval for Suppression of Paper Confirms for Municipal Bonds
Omgeo, the global standard for post-trade efficiency, today announced that the Municipal Securities Rulemaking Board (MSRB) has issued an interpretive notice regarding Rule G-15, allowing clients to leverage Omgeo inSITE to fulfil their municipal bond confirmation requirements electronically instead of with paper. MSRB Rule G-15 requires that at or before the completion of a transaction…
SunGard to Establish Office in DIFC
SunGard has received a licence to establish an office in the Dubai International Financial Centre (DIFC). SunGard Middle East’s DIFC office will provide a complete range of services including business development, implementation, project management and support, for its expanding customer base. The DIFC office will support SunGard’s expansion in the growing financial services sectors of…
Algorithmics Awarded Patent for Loan Valuation Technology
Algorithmics has received a patent for technology that enables financial institutions to derive fair market values for their loans and other credit related instruments using techniques designed to improve accuracy and transparency relative to current industry approaches. The technology will help banks structure, price, value, simulate and subsequently risk manage their complex loan portfolios in…
Asset Control Wins ITG as Client, Launches New Compliance Focused Solution
EDM solution vendor Asset Control has bagged Investment Technology Group (ITG) as a new client and launched a new solution aimed at providing more transparency and control around reference data, with a view to improving firms’ compliance and audit functions. Rick Enfield, product business owner of the AC Plus solution, and Jean Williams, product business…
Aim Software, SIX Telekurs and Rolotec Partner for Reference Data Integration Solution
Swiss software vendor Rolotec has signed a partnership agreement with data management solution vendor Aim Software and data provider SIX Telekurs under which the vendors will work together on a reference data integration solution. Rolotec has traditionally been focused on the world of real-time data integration but has been driven to look at reference data…
Reference Data Storm in a Teacup
Delegates to this year’s Sibos conference in Hong Kong faced high winds, lashing rain and a barrage of news about the world of reference data. Given the drought of reference data specific discussion topics at last year’s event, it was refreshing to hear panellists discussing topics including XBRL data tagging, corporate actions standardisation and the…
Regulation and Risk Management Both Helping and Hindering the Data Management Cause, Say RDR Readers
Although many vendors are claiming that the global regulatory overhaul and a renewed focus on risk management practices within financial institutions have lent weight to the data management cause, it seems that they have also proved to be a hindrance. According to the latest Reference Data Review reader poll, half of respondents feel the developments…
US Regulators Pushing for Increased Pricing Transparency Around CDSs
US regulators have this week been highlighting the need for more transparency around OTC derivatives pricing, in particular around credit default swaps (CDS), which are now moving towards being centrally cleared in the market. Speaking in New York at an International Swaps and Derivatives Association (ISDA) conference, Theo Lubke, senior vice-president at the Federal Reserve…
US SEC Finally Passes New Credit Ratings Agency Rules
Following months of speculation, the US Securities and Exchange Commission (SEC) has finally passed new regulations to tighten its supervision of the credit ratings agency sector. This corner of the market, which is dominated by the big three: Moody’s, Standard & Poor’s and Fitch, has come under heavy critical fire due to its contribution to…
Thomson Reuters Integrates Kamakura’s Default Probabilities into CDS Pricing and Analytics Suite
Thomson Reuters today announced that it has integrated Kamakura’s default probability service into its flagship financial desktop, Reuters 3000Xtra. Kamakura’s default probabilities are now available via Reuters 3000 Xtra covering a universe of more than 1,500 public firms and close to 100 sovereign entities. Along with Thomson Reuters credit default swap (CDS) spread data, the…