A-Team Insight Blogs The latest content from across the platform
TriOptima launches OTC Derivatives Interest Rate Trade Reporting Repository for Banking Regulators
TriOptima announced that banking regulators have received the first reports from the newly launched OTC Derivatives Interest Rate Trade Reporting Repository (the IR TRR). Fourteen major financial institutions submitted data for their non-cleared OTC interest rate derivatives trade portfolios covering trades with G-15 institutions, buy side organisations and other financial and non-financial institutions. As of…
A-Team Group’s Insight on Interactive Data’s Array of Potential Suitors
Last week we broke the news that Interactive Data Corporation is contemplating the “strategic alternatives” for its future, including a potential merger or acquisition by a suitable marriage partner or investors. Reference Data Review explores the host of potential candidates likely to buy a majority stake in the number three data vendor and how they might…
Data Management Capability Drives London & Capital’s Decision to Select Kurtosys for Client Reporting
Kurtosys Systems today announced that London & Capital has selected the Kurtosys Client Reporting solution for both client portfolio valuation reports and fund factsheets. Following a market and competitor review of client reporting standards and vendor solutions, London & Capital found that there was scope for improvement in their existing reporting systems to meet client…
Fincad and SAS Discuss New Partnership for Enterprise Risk Management and Valuations
Fincad has got fully into the swing of the current vendor partnership trend; not only has the derivatives analytics vendor teamed up with interdealer broker Icap for a valuations solution, it has also recently formed an alliance with SAS for a new joint enterprise risk management and independent valuation offering. David Rogers, SAS global product…
Fitch Solutions Poaches CMA’s Vitale to Boost its US Partnership Efforts
Fixed income products and services vendor Fitch Solutions has added a new member to its management team in a bid to boost its standing in the US markets in the form of ex-Credit Market Analysis (CMA) global head of sales Peter Vitale. Vitale joins as Fitch Solutions’ new head of third party distribution and partnerships…
Milne Returns to the Fold at LSE as New Head of Post-Trade Services
It has been a month since A-Team Group wrote about Kevin Milne’s departure from Xtrakter and it seems that the interests he has decided to pursue outside of the Euroclear Group include becoming the London Stock Exchange (LSE) Group’s new director of Post-trade Services. Milne is in fact returning to where he began his financial services…
Omgeo’s Bouchea Elaborates on Developments for Alert in 2010, Including Addition of Entity Data
Last year, post-trade services vendor Omgeo added a trio of new hires to focus on bolstering its data related business solutions, including its web-based global database for the maintenance and communication of standing settlement and account instructions (SSIs), Omgeo Alert. Over the course of this year, the vendor will be taking advantage of this hired…
TCS Reports 10.3% Revenue Increase for Third Quarter of 2009
Tata Consultancy Services (TCS) may have lost a few of its key staff to other vendors in 2009, but it seems that staff turnover didn’t affect financial turnover for the quarter ending 31 December: the vendor experienced a 10.3% increase in revenue on the previous year’s figures. The vendor’s revenues were at US$1.64 billion for…
Interactive Data Issues Statement Regarding Recent Press Reports
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today issued a brief statement following recent press reports. Interactive Data’s Board of Directors is currently conducting a preliminary review of strategic alternatives for the Company. There can be no assurance on the potential outcome or timing of this review process….
Interactive Data Confirms is Exploring “Strategic Alternatives”, But Who is Big Enough to Buy it?
Interactive Data has confirmed today that it is exploring “strategic alternatives” for its future, but has declined to provide any more explanation as to what these alternatives may include. The number three data provider in the financial markets is likely seeking a suitable marriage partner, but who is likely (or able) to offer its hand?…