A-Team Insight Blogs The latest content from across the platform
Shah and Williams Exit GBST, CFO Salis Steps in as Interim CEO of Global Broker Services
GBST’s CEO of Global Broker Services Sunil Shah has stepped down from his role at the vendor and current chief financial officer, Patrick Salis, has assumed his role in the interim period. Terry Williams, who was chairman of its European operations, has also left the firm. According to a spokesperson from the vendor, the parting…
End/Beginning of an Era
Yes, it’s true. Roger Hawkins has realised his dream and sold his Oriel Selection specialist recruitment business in order to live the dream in Spain. I fully expect to see him working harder than ever. The lucky acquirer is none other than our friend Aston Sinfield at Synergy Selection. As many of you know, both…
European Commission Plans June Conference on Regulating Large Financial Conglomerates, Data Issues Sure to Feature
The European Commission has this week revealed plans for a conference on the regulatory challenges of supervising “large complex groups” in the financial sector, due to be held in Brussels on the 7 June. The conference, which will include panel discussions involving executives from key European financial institutions, will likely involve a great degree of…
SEC Publishes Upgraded XBRL Taxonomy for Mutual Funds Risk/Return Reporting
As part of its work to support the reporting of risk/return summary information in XBRL by mutual funds in the US, the Securities and Exchange Commission (SEC) has finally completed a series of required updates to its technology infrastructure this week. Mutual funds can now create and fully test their XBRL documents in preparation for…
SIX Telekurs Bolsters its Market Position by Acquiring the Evaluated Pricing Business of CSV
In a major step toward fulfilling the company’s strategic objectives in the area of evaluated pricing services, SIX Telekurs has entered into an agreement with CSV, Incorporated to purchase its evaluated pricing business. As a leading provider of global securities data, SIX Telekurs provides comprehensive information on more than 5.7 million global instruments. Whilst many…
Big Changes on the Cards for Netik?
Earlier this week, we revealed that Netik’s founder and CEO John Wise has exited the building and has been replaced by ex-global head of Autobahn Equity at Deutsche Bank Rob Flatley. This, in turn, follows the departure of long time Netik exec Keith Hale last month, who joined IGEFI Multifonds as its new global head…
DTCC Names Andrew Douglas Head of Public Affairs, Europe
The Depository Trust & Clearing Corporation (DTCC) today announced that Andrew Douglas, a respected industry veteran, has joined the company to lead its Public Affairs efforts in Europe. In this position, Douglas will play a key role in representing DTCC’s public policy positions to officials of the European Union and its Member States. He will…
Fund Service Provider Harmonic Selects Numerix Analytics to Power Independent Valuation
Harmonic Fund Services (Harmonic), a specialized global hedge fund administrator, today announced that they have selected Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, to provide independent valuation and risk for OTC derivatives within Harmonic’s FM3 platform for alternative investment managers. Through the use of Numerix CrossAsset – Numerix’s analytic…
Thomson Reuters Targets Mutual Fund Community with Global End of Day Equity Pricing Solution
Thomson Reuters today announced two major enhancements to its pricing and reference data platform. DataScope Select will now deliver validated end of day prices within 30 minutes of market close and the introduction of a universal close price field. This is beneficial to US Mutual fund managers and administrators, as they will now be able…
Deutsche Bank’s Flatley Named to Replace Wise as CEO of Netik
In a move that underscores the convergence of electronic trading with data management, Netik has named Rob Flatley, until February global head of Autobahn Equity at Deutsche Bank, as its new chief executive officer. Flatley takes over from John Wise, founding CEO, who returned to the company in 2002 after a period pursuing other interests….