A-Team Insight Blogs The latest content from across the platform
StatPro Adds Two More New Hires to European Team, Both From FactSet
Following a bout of hiring last year, portfolio analytics and data solutions vendor StatPro has started 2010 by adding yet more members to its European team. The vendor has poached two members from data and analytics rival FactSet Research Systems to join European sales director Tim Dennis’ team: Robert Campbell and Christopher Ruby. StatPro has…
Bloomberg Launches Interface to CDS Clearing Houses
Bloomberg has launched the first interface in the US credit derivatives (CDS) market that connects both buy and sell side firms to the two central clearing counterparties (CCPs). The Bloomberg VCON solution, a widely accepted confirmation utility for cash and derivative instruments, now allows dealers and their clients to send executed trades to the two…
SEC Highlights Importance of Timeliness of Corporate Actions Data with Action Against Bank of America
If firms weren’t apprised of the importance of corporate actions data before, a recent action by the Securities and Exchange Commission (SEC) against Bank of America should convince them. Following a few months of trawling through corporate actions related data, the regulator has announced that it is seeking to charge Bank of America with failing…
Deutsche Postbank Financial Opts for Combo of Aim’s Gain and SIX Telekurs’ Data
Following a year filled with the signing of partnership agreements and the appointment of new hires, data management solution vendor Aim Software has started 2010 with a new client win in the form of German bank Deutsche Postbank Financial. The bank has opted for a combination of SIX Telekurs’ Valor Data Feed (VDF) to be…
Quantifi’s Douglas Talks up Version 9.3 of its Pricing and Risk Analysis Offering
Pricing and risk analytics solution vendor Quantifi is bargaining on a “regulatory tsunami” this year to spur on spending in the OTC derivatives valuations data and risk management sector, according to CEO Rohan Douglas. In order to keep pace with the changes, the vendor has upgraded its flagship pricing, hedging and risk analysis solution by…
Hungary’s OTP Bank Deploys SuperDerivatives’ Revaluation Service to Improve Hedging and Transparency
OTP Bank, the biggest commercial bank in Hungary, has selected SuperDerivatives (SD), the derivatives benchmark, to provide market-accurate revaluations for its varied derivatives portfolio. Krisztian Kovacs, head of middle office department at OTP Bank, comments: “We needed a reliable, independent view of the value of the broad range of vanilla and complex FX and interest…
Weekend Talks in Basel Spur on Risk and Data Agenda for 2010
As predicted by A-Team Group last week, the weekend’s discussions in Basel between central bankers, regulators and a number of representatives from the private sector helped to kick off the risk management agenda for 2010. The group discussed the proposals enshrined in the Basel Committee on Banking Supervision’s (BCBS) published in December and indicated that…
FSB Releases Reform Agenda for 2010, Liquidity Risk and Accounting Standards Feature Heavily
Last year saw the transformation and empowerment of the Financial Services Board (FSB) to lead and monitor regulatory coordination across Europe. This year, the regulatory body has a significant list of tasks ahead of it to effectively put this function into practice, including coordinating the implementation of improvements to accounting standards and raising capital and…
XSP Completes Testing and Connectivity to Swift Via Alliance Lite
Swift has been talking up the benefits of Alliance Lite (jokingly referred to by some as ‘Swift on a stick’) for some time and the vendor community is seemingly beginning to get on board with the internet-based connectivity solution, which is aimed at extending the network’s reach via low cost access. One such vendor is…
IntercontinentalExchange Announces Changes in Creditex Brokerage Management Team
IntercontinentalExchange, an operator of global regulated futures exchanges, clearing houses and OTC markets, announced changes to the management team within its Creditex business. Creditex is a global interdealer broker for credit default swaps (CDS) and is a wholly owned subsidiary of ICE. ICE appointed Grant Biggar as president of Creditex. Biggar was previously managing director…