RegTech Insight Blogs The latest content from across the platform
S&P Fixed Income Valuations Deal is Part of Wider Data Aggregation Challenge, GlobeOp’s Anderson Explains
Fund administrator GlobeOp Financial Services has signed a deal with Standard & Poor’s Valuation and Risk Strategies business (what was known as the Fixed Income Risk Management Services or FIRMS division until recently), under which the ratings agency’s subsidiary will provide GlobeOp with valuations for a range of fixed income securities. Jon Anderson, global head…
Barnier Keen for Credit Ratings Agencies Crackdown to be Globally Coordinated; Iosco Publishes Consultation on Subject
Earlier this week, European internal market and services commissioner Michel Barnier indicated that he is keen for a level of global coordination to be achieved when implementing new financial system regulations, including those for credit ratings agencies (CRAs). Speaking ahead of his meeting with US Treasury secretary Timothy Geithner, Barnier stressed the importance of stronger…
CPSS and Iosco Set Out Recommendations for Trade Data Repositories in New CP
A joint working group of the Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organisation of Securities Commissions (Iosco) has published a consultation paper this week setting out recommendations for the operation of trade repositories in the OTC derivatives markets. Data sharing and new data infrastructure is a subject…
The Future is in the Memory for Tibco
I’m in Las Vegas, at Tucon, the Tibco User Conference, and it’s been a great experience. Incredibly, I am a Vegas virgin, so I indeed marveled at the re-creation of St. Mark’s Square – complete with its expansive blue sky, a canal and gondolas – all on the second floor of the Venetian. And it…
FRSGlobal Fine Tuning Fair Value Pricing Models for Emission Linked Derivatives, Says Brammertz
Risk and regulatory reporting solution vendor FRSGlobal is currently endeavouring to develop new valuation models in order to gauge the fair value prices of emission linked derivatives contracts, according to Willi Brammertz, senior risk advisor at the vendor. Although political concerns are holding back some degree of progress with regards to these new instruments, Brammertz…
Reval Version 10.0 Continues to Shape Future of SaaS for Derivative Risk Management and Hedge Accounting
From its annual client conference in New York, Reval, the global leader in derivative risk management and hedge accounting solutions, announced today the spring release of its single-version, Software-as-a-Service (SaaS) platform, Reval 10.0. Updates in the new version provide the foundation for a go-forward platform planned since Reval’s acquisition of FXpress last fall. “In addition…
Standard & Poor’s Provides Independent Fixed Income Valuations to GlobeOp Financial Services
S&P Valuation and Risk Strategies, an independent and analytically separate business unit within Standard & Poor’s, has been selected to provide independent valuations for a wide range of fixed income securities to GlobeOp Financial Services, a leading independent provider of automated, integrated middle- and back-office, administration and risk reporting services to hedge funds and asset…
FactSet Completes Fundamentals Collection Milestone
FactSet Research Systems announces that it has completed the transition process for collection of the fundamentals database acquired from Thomson Reuters on April 22, 2008. The acquisition included a copy of the Thomson Fundamentals database, source documents, collection software, documentation, and collection training materials. As per the Transitional Services Agreement, the Thomson update process was…
EDM Council Makes Progress with its Semantics Repository Work, Commodities Derivatives Next on the List
The EDM Council’s semantics repository has come a long way since the announcement of its creation back in May 2008. A lot of the legwork has been completed for the repository, which aims to standardise the terms and definitions of all reference data attributes stored in the master files of financial institutions, and the review…
CESR’s CP on Non-equity Markets Transparency Confirms More Derivatives Data Requirements on the Cards
The Committee of European Securities Regulators (CESR) has issued a consultation paper on post-trade transparency this month, which indicates that European firms may soon face a whole host of new data requirements for structured products. The paper, which is part of the ongoing MiFID review process that is being conducted over the course of this…