A-Team Insight Blogs The latest content from across the platform
Omgeo Adds Hogan to Exec Team as Human Resources MD
Following last month’s slew of data management related appointments, post-trade specialist Omgeo has appointed yet another executive to its management team. Given its focus on recruitment at the moment, it seems fitting that the new appointment will be in charge of its human resources strategy and practices. Joanne Hogan will therefore be responsible for ensuring…
Nomura Asset Management Rolls Out First Phase of Eagle Data Management Project
Japan’s largest asset manager, Nomura Asset Management, has completed the first phase of the upgrade of its global investment platform with the rollout of Eagle Investment Systems’ data management solution. The first step of this multi-phase upgrade involved the deployment of the solution from the Bank of New York Mellon subsidiary, Eagle, with a view…
Poor Data Quality and Lack of Risk Culture are Key Barriers to Risk Management, Says SAS and EIU
The main barriers to successful risk management are poor data quality, a lack of expertise and a lack of risk culture among the broader business, according to a recent industry survey conducted by the Economist Intelligence Unit (EIU) on behalf of SAS. The survey, which was conducted during March 2009 and involved responses from 334…
DTCC Plans to Expand CCP Services and Streamline Netting Process for MBSs
The Depository Trust & Clearing Corporation (DTCC) is planning to introduce daily trade netting for mortgage backed securities (MBS) transactions to further expand its planned central counterparty services. It hopes to cut the high cost of processing these trades and bring greater risk protection to this traditionally risky market. In a white paper recently published…
ICE Gears up for European CDS CCP Launch in the Coming Months
Following the launch of its North American credit default swap (CDS) clearing operations at the start of March, IntercontinentalExchange (ICE) has indicated that it is planning to launch a European version in the next month or so. The ICE Trust clearing counterparty (CCP) will be used as the model for the new European operations and…
Knight Capital Group Appoints Merrill’s Scott and Tradeweb’s Shapiro to Head CDS Efforts
Knight Capital Group has appointed ex-Merrill Lynch executive Andrew Scott as managing director to oversee the operations of its credit default swap (CDS) platform NetDelta. The vendor has also poached Michael Shapiro from Tradeweb to become director responsible for leading NetDelta’s sales effort. At Merrill Lynch, Scott was the lead attorney for credit derivative products…
DocGenix and Markit Team up for Documentation Risk Management Initiative
OTC derivatives documentation specialist DocGenix and Markit Document Exchange have signed a strategic initiative aimed at combining their respective offerings to create a single platform for the management of complex legal agreements. Penny Davenport, managing director and head of Markit Document Exchange, explains that the two vendors have been in discussions about the project since…
FOW Tradedata to Assist S&P’s CGS with US Liquidity Equity Options Cusip Development
Standard & Poor’s Cusip Global Services (CGS) business has certainly been busy over the last couple of months. Not only has it recently announced a partnership with business entity identification specialist Avox, it has now also agreed to work with UK-based futures and options specialist FOW Tradedata to develop a new Cusip identification system for…
Thomson Reuters to Use Lewtan’s ABSNet Data for Valuation Risk Service
Thomson Reuters has selected Lewtan Technologies’ ABSNet to provide it with asset backed securities (ABS) data in order to expand its Valuation Risk Service. The vendor will use the ABSNet cash flow library to provide its clients with additional coverage of structured finance instruments in Europe, says Karl Mackelburg, global head of structured finance and…
EDM is Still Relevant But DDM is Rising in Importance, Say RDR Readers
Enterprise data management (EDM) is still a relevant concept to the financial market, according to Reference Data Review’s April reader poll. However, distributed data management (DDM) is rising in importance, likely as a result of the downward pressure on costs caused by the tough economic climate and the growth of electronic trading. According to 56%…