A-Team Insight Blogs The latest content from across the platform
Avox’s Price and DTCC’s Kirby Explain Integration Plans and Utility Potential
The Depository Trust & Clearing Corporation’s (DTCC) acquisition of Avox has given the UK-based counterparty and entity data vendor the ownership structure it has long needed to establish itself as an industry utility, according to CEO Ken Price. As noted by Reference Data Review, the appeal for DTCC was in adding the final piece of…
Sutton Elaborates on RBC’s Four Priorities for Reference Data for the Next Three Years
Since her appointment at the end of last year, Julia Sutton, global head of reference data, including customer accounts and onboarding, for the Royal Bank of Canada (RBC), has been focused on prioritising the long list of reference data issues that need to be tackled within RBC over the next two to three years. The…
Thomson Reuters’ Redwood Steps Down; What’s Next?
The resignation this week of Mark Redwood, head of Thomson Reuters Markets’ Sales & Trading unit, confirms Step 2 of the three-step CEO succession scenario we outlined back in March. But it appears that despite two of our three predictions coming to pass, Thomson Reuters will look outside the firm when it moves to name…
DTCC Acquires Avox Limited
The Depository Trust & Clearing Corporation (DTCC) announced today that it has acquired the outstanding shares of Avox Limited, a reference data business located in the UK. Avox Limited’s primary business is cleansing and maintaining high quality reference information on legal entities and counterparties needed by financial services to support a variety of operational, risk…
DTCC Announces Intention to Establish European-based Derivatives Trade Reporting Repository
The subject of a European-based trade repository for the credit default swap market has long been a bone of contention between regulators and industry participants in the derivatives market, but it seems that the Depository Trust & Clearing Corporation (DTCC) is hoping to solve the issue by setting up a new subsidiary on European shores…
Entity and Counterparty Data in the Spotlight
Members of the JWG Customer Data Management Group speak to Reference Data Review about the upcoming hot topics in the area of entity and counterparty data. Challenging the Customer Data Conundrum PJ Di Giammarino, CEO of JWG A key theme within the well versed G20 93 point plan set out in spring 2009 was the call to…
DTCC’s Avox Acquisition Boosts its Overall Utility Approach to the Market
Given its ambitions to become an all round data utility provider for the financial services markets, the Depository Trust & Clearing Corporation’s (DTCC) acquisition of UK-based counterparty and entity data vendor Avox this week comes as no surprise. DTCC has been gradually positioning itself as a utility provider, rather than your common or garden vendor,…
Interactive Data’s OTC Derivatives Valuations Service Now Used By Wide Range Of Financial Institutions
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its valuations service for complex OTC derivatives and structured products, offered in conjunction with Prism Valuation, is now being used by more than 25 major international financial institutions. A wide range of institutional clients around the globe, including custodians,…
Thomson Reuters is Joining its Enterprise Platform up with its Data Content, Rationalising Reference Data onto DataScope
Following the launch of its Enterprise platform earlier this year, data giant Thomson Reuters is now focusing its energies on joining the platform up with its various data content sets. The vendor is also working on developing its flagship DataScope solution as the overall platform for its various data offerings on both the Thomson and…
DST Global Solutions Launches OTC Lifecycle Manager to Enhance Control of OTC Derivatives
In response to new market conditions and the changing regulatory landscape, challenges of operational risk and proliferation of OTC contracts faced by its clients, DST Global Solutions Investment Management Solutions (IMS) business has announced the launch of OTC Lifecycle Manager. The solution is focussed on facilitating the critical transition from deal negotiation to contract capture…