A-Team Insight Blogs The latest content from across the platform
Icap and Fincad Add CVA to Fair Value Insight
Icap, interdealer broker and provider of post trade services, and Fincad, a provider of financial analytics, announced today the addition of Credit Value Adjustment (CVA) to Fair Value Insight. Credit valuation adjustments are required to meet fair value and mark-to-market regulatory requirements (FAS 157/IFRS 7). Fair Value Insight now includes the ability to calculate CVA…
Sophis Promotes Simiu to Sales Manager for France, Belgium, the Netherlands and North Africa
Following last week’s appointment of ex-asset manager Marc Bothwell to its product development team, risk management and valuations solution vendor Sophis has promoted another exec, Edgar Simiu, to strengthen its sales efforts in key European markets and new markets in North Africa. Simiu, who is currently a professional services manager for the vendor’s valuations solution,…
Informatica Purchases MDM Player Siperian for US$130m
In another example of the recent stream of vendor M&As, data integration software vendor Informatica has snapped up master data management (MDM) solution vendor Siperian for an estimated US$130 million. This adds to Informatica’s acquisition of complex event processing (CEP) software vendor Agent Logic last September and further extends the vendor’s reach into the world…
Merchant Capital Selects Kinetic Partners for Risk Management and Valuation
Merchant Capital’s UCITS III platform for hedge fund managers has appointed Kinetic Partners to manage risk management systems across the entire platform. Merchant Capital enables asset managers to quickly and efficiently launch UCITS compliant investment vehicles to the European market. Funds using the platform take approximately four to six weeks to launch, a process that…
Columbus Avenue Consulting is First Client for SunGard’s Revamped FastVal Solution
Following SunGard’s upgrade of the technology platform underlying FastVal last year, SunGard has netted its first client of 2010 for the valuations solution in the form of global fund administrator Columbus Avenue Consulting. The firm, which is focused exclusively on the hedge fund market, is the first client to go live on version 3.0 of…
Netik Addresses Operational Risk and Efficiency for Buy Side Firms
As businesses recover from the financial crisis the necessity for increased transparency, greater risk management and improved reporting saw increased interest in data and data management. Yet 2009 saw operations, IT and data management budgets severely cut with more than one client’s budget being restricted by 60%. Netik recognises the importance of higher quality data…
Bloomberg Faces Lobbying from Industry Group and Customers Over SPA Contracts and BSYM Data
Data giant Bloomberg is seemingly facing a degree of pressure from the industry with regards to both its planned service provider agreement (SPA) contracts for fund administration clients and the data provided via its Bloomberg Open Symbology (BSYM) initiative. Paris-based data association Commission des Services et Systèmes d’Informations destinés aux Opérateurs de Marchés (Cossiom) has…
CEBS’ Carosio Discusses 2010 Focus on Risk and EBA’s Role in Regulatory Data Infrastructure
The Committee of European Banking Supervisors (CEBS) was originally established as a forum to lead the charge towards a new Basel framework but in recent years it has become increasingly focused on the practical realities of risk management. Giovanni Carosio, deputy director general of the Bank of Italy who took over the reins as chairman…
SEC’s Proposed Revisions to Money Market NAV Reporting Could Pose Significant Data Challenge
This week the US Securities and Exchange Commission (SEC) has added another set of proposals to its regulatory to do list, this time in the form of new reporting requirements for money market funds. The rules, should they be passed, would require these funds to regularly report their net asset value (NAV) to the regulator,…
Omgeo Continues Momentum in Japan
Omgeo today announced significant milestones achieved in Japan in terms of facilitating operational efficiency, reducing costs and increasing risk mitigation for clients in the region. Further demonstrating the firm’s commitment to Japan, Omgeo has also re-launched the Japanese-language version of its website. Omgeo wrapped up 2009 with significant growth in Japan, with 27% growth in…