A-Team Insight Blogs The latest content from across the platform
UK FSA’s SCV: If You’re a Deposit Taking Institution, it Applies to You
As noted by Reference Data Review recently), the UK Financial Services Authority’s (FSA) incoming Single Customer View (SCV) reforms, which are part of the Financial Services Compensation Scheme (FSCS), will require a significant amount of effort to create new data linkages in order for the institutions covered by the regulation to be ready to report…
Fortune 100 Financial Services Company Selects XSP v5 Corporate Actions Platform
XSP, a provider of corporate actions software, announced today that a leading investment manager, a Fortune 100 financial services company, has selected the XSP v5 platform to automate its corporate actions processing. With headquarters in New York, the client will implement most of the XSP processing modules including Data Management & Scrubbing, Notifications & Responses,…
Syntel Launches Pricing Services for Capital Markets, New Service Offering Powered by Numerix
Syntel, a global information technology services and knowledge process outsourcing (KPO) company, today announced that it will begin providing independent pricing services to the company’s global buy side and sell side clients. Syntel will utilise Numerix’s cross-asset pricing and risk analytic technology to power the new offering. Syntel will also combine Numerix CrossAsset models and…
$2.7 BILLION!
Is it the government debt of a small former Eastern European country? No. Is it the total value of the European financial information business? Depends on who you ask, but that’s not what we’re thinking. Is it Mike Bloomberg’s 2009 dividend from the activities of his eponymous market data vendor business? Nah, too low. No,…
Ex-HSBC EDM Head Hinds Joins Credit Suisse as Programme Manager for Reference Data
Following her exit from HSBC at the start of this year, data management champion and regular FIMA speaker Sally Hinds has resurfaced as Credit Suisse’s new manager in charge of running the firm’s global reference data governance programme. At HSBC she spent more than four years as global head of EDM of the bank’s Global…
Markit Document Exchange Moving into Reference Data Extraction and Validation, Says Davenport
Since its launch back in 2008, Markit Document Exchange has finally got close to achieving critical mass, with an increase of funds using the documentation library from 5,000 to 15,000 over the last year alone. Penny Davenport, managing director and head of Markit Document Exchange, speaks to Reference Data Review about the vendor’s plan to move…
Markit Document Exchange’s E-Tax Offering Has Gone Live, 20 Banks on Board
In April last year, Markit signed a partnership agreement with tax compliance software and consulting company, Compliance Technologies International (CTI) in order to integrate CTI’s electronic W-8 application for the US Internal Revenue Service (IRS) with Markit Document Exchange’s counterparty document solution. Based on this work, the vendors have launched their E-Tax offering, aimed at…
XBRL US Campaigns to Extend Tagging into ABS Markets for Source Documents
The Securities and Exchange Commission (SEC) may have mandated XBRL tagging for financial reporting but XBRL US is also keen to extend its reach into the asset backed securities (ABS) markets. In a recent testimony to the US Domestic Policy Subcommittee Oversight and Government Reform Committee, Mark Bolgiano, president and CEO of XBRL US, recommended…
US Financial Reform Bill Includes Key Data Standardisation Recommendations
The recently published US Financial Reform Legislation Bill contains important data standardisation proposals including the establishment of an Office of Financial Research to monitor and collect data from across the industry. The new regulatory body would include a data centre that would be charged with doing the legwork, namely collecting, validating and maintaining all the…
Auris Gestion Privee Chooses Pricing Partners for the Independent Valuation of its Structured Products
Pricing Partners announced today that Auris Gestion Privée has selected the Price-it Online platform for the independent valuation of its structured products. Marc de Saint Denis, chairman of Auris Gestion Privée, commented: “Our company had been looking for a reliable and recognized solution for some time now. After carefully evaluating several tentative solutions, we have…