A-Team Insight Blogs The latest content from across the platform
UK FSA Pokes Holes in Investment Firms’ Protection of Client Assets
This week, the UK Financial Services Authority published another “Dear CEO” letter, this time aimed at compelling insurance brokers and investment firms to improve the way they protect client assets, including record keeping considerations. The letter, sent by the FSA’s managing director of risk, Sally Dewar, warns that firms must take heed of the regulator’s…
Jones Named CEO of Accuity
Accuity, a provider of payment routing data, AML screening software and services, has announced the appointment of Hugh Jones IV as chief executive officer of Accuity and NRS. Previously the president of the two businesses, Jones has over 15 years of experience building corporate value by creating rich data streams that provide new solutions to…
IASC Foundation Issues IFRS Taxonomy for XBRL Format
The end of last year saw the publication of the International Accounting Standards Committee (IASC) Foundation’s International Financial Reporting Standards (IFRS) Taxonomy 2010 Architecture Draft, which details the XBRL architecture and design rationale for the taxonomy. The comment period on the draft has ended and the final release date for the taxonomy that will provide…
Majority of RDR Readers Either Have a CDO or Will Have Soon
Data is on the radar of the regulatory community and the industry at large and, accordingly, the number of chief data officers (CDOs) out there has increased markedly over recent years. In fact, five years ago the position wasn’t available: it took the appointment of John Bottega to the newly created position of CDO at…
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…