A-Team Insight Blogs The latest content from across the platform
CFA Institute Survey Highlights Industry Support for Third Party Valuations
The majority of the members of the Chartered Financial Analyst (CFA) Institute Centre for Financial Market Integrity believe that alternative investment fund managers should be mandated to appoint an independent third party for the valuation of assets, according to a recent survey by the group. The survey, which examines the fund management industry’s views on…
OCC Completes US Market Tests in Preparation for OSI, But is Enough Data Available?
The February deadline for the launch of the Options Symbology Initiative (OSI) is fast approaching and the Options Clearing Corporation (OCC) has been conducting a battery of tests over the last couple of months in the US market to test the industry’s level of preparation for the new 21 character codes. According to the OCC,…
UK FSA Creates Data Management Challenge with Single Customer View Reforms
The UK Financial Services Authority (FSA) has recently released a paper discussing the feedback it has received from the market with regards to its proposals around the verification of the single customer view (SCV) for deposit taking institutions. The reforms, which are aimed at facilitation a single, consistent, view of an eligible claimant’s aggregate protected…
GBST’s Shah Talks up New Corporate Actions Solution Launch for Broker Community
Following its rebrand under its parent company’s name in August, the vendor formerly known as Coexis, GBST, has decided to join the corporate actions vendor community. As one of a number of new entrants this year into this already fairly well populated market, GBST is attempting to set itself apart by tailoring its solution to…
ISITC’s CAWG Finally Releases Long Awaited Corporate Actions US Market Practice Guide
Following two years of revisions since the first draft was first released in October 2007, ISITC’s Corporate Actions Working Group (CAWG) has finally released its best practice guidelines for the corporate actions market in the US. As the Securities Market Practice Group’s (SMPG) designated US market representative, the ISITC group has been charged with compiling,…
Netik Addresses How Upcoming Regulations Will Affect the Banking Industry at FIMA 2009
Netik LLC, a global provider of financial data management and reporting services and products, announced that Keith Hale, executive vice president, Netik, will present at the FIMA 2009 event taking place next week at The Tower Guoman in London. With more than 300 participants, FIMA is the largest European event focusing on reference and market…
DST Global Solutions Appoints Head of Investment Accounting Solutions for North America
DST Global Solutions, a provider of business solutions and services to the global investment management industry, has today announced the appointment of Michael Lauritzen as investment accounting solution manager for North America. Lauritzen previously served as head of DST Global Solutions’ consultancy services in North America. Prior to joining DST Global Solutions Lauritzen was director…
EDM Council Publishes Revised Schedule for Subject Matter Expert Reviews
As noted last month by Reference Data Review, the EDM Council is continuing to tweak its semantic repository to better reflect the market’s data semantics. To this end, over the course of September and October, the EDM Council’s subject matter expert (SME) review team has been working through terms that vary over time for the…
DTCC Faces European-based Threat to Trade Repository Plans from BME
The Depository Trust & Clearing Corporation (DTCC) has been pitching its Trade Information Warehouse as a repository for OTC derivatives trade data for some time, but it seems the vendor will soon be facing some competition from Spanish stock exchange operator Bolsas y Mercados Españoles (BME). The regulatory community is keen to get deeper into…
Pricing Partners Adds Ex-JPMorgan Trader Agarwal as Client Consultant
Following the announcement last week that it will be working with Fitch Solutions to improve the vendor’s credit default swap (CDS) data distribution, Pricing Partners has added another member to its London-based client support team. The valuations solution vendor has hired ex-JPMorgan trader Yash Agarwal as a client consultant. At JPMorgan, Agareal worked on the…