A-Team Insight Blogs The latest content from across the platform
US Regulators Pushing for Increased Pricing Transparency Around CDSs
US regulators have this week been highlighting the need for more transparency around OTC derivatives pricing, in particular around credit default swaps (CDS), which are now moving towards being centrally cleared in the market. Speaking in New York at an International Swaps and Derivatives Association (ISDA) conference, Theo Lubke, senior vice-president at the Federal Reserve…
US SEC Finally Passes New Credit Ratings Agency Rules
Following months of speculation, the US Securities and Exchange Commission (SEC) has finally passed new regulations to tighten its supervision of the credit ratings agency sector. This corner of the market, which is dominated by the big three: Moody’s, Standard & Poor’s and Fitch, has come under heavy critical fire due to its contribution to…
Thomson Reuters Integrates Kamakura’s Default Probabilities into CDS Pricing and Analytics Suite
Thomson Reuters today announced that it has integrated Kamakura’s default probability service into its flagship financial desktop, Reuters 3000Xtra. Kamakura’s default probabilities are now available via Reuters 3000 Xtra covering a universe of more than 1,500 public firms and close to 100 sovereign entities. Along with Thomson Reuters credit default swap (CDS) spread data, the…
Pricing Partners Implements Double-Heston Model for its Equity Module
Pricing Partners announced today a state-of the art stochastic volatility model, the Double-Heston Model, to be implemented for its Equity, FX and Commodity Module to enrich its Price-it Library. Based on the Heston Model generated by Steven Heston, Double-Heston Model is identified as an extension committed to forecasting a more flexible approach to model the…
Large Investment Bank Opts for PolarLake’s Reference Data Distribution Solution
Following the launch of its Reference Data Distribution (RDD) solution in July last year, PolarLake has signed its second big customer in the form of an unnamed global tier one investment bank. The bank is rolling out the solution as part of its revamp of its global reference data programme, which is focused on the…
Interactive Data and Goal Offer Global Service to Support Clients Throughout Securities Class Actions Lifecycle
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data business has formed an alliance with Goal Group Limited, a UK-based global class actions service specialist, to provide a comprehensive, outsourced class actions service designed to support investors and corporations throughout the entire lifecycle…
SmartStream Launches Reference Data Utility Offering, Announces First Client
As first revealed by Reference Data Review in May last year, the Dubai International Financial Centre’s (DIFC) DClear subsidiary has been working on a reference data utility for some time. DClear Utilities, which is now a part of DIFC owned SmartStream Technologies, has now officially been launched on the market and has just bagged its…
Swift on Course for Cost Cutting, Corporate Actions is Big Focus This Year
The first day of Swift’s Sibos conference included a press conference during which CEO Lazaro Campos elaborated on the cooperative’s plans to drastically cut its cost base and the opening plenary, which included many references to Swift’s recent successes in the corporate actions space. Delegates to the event in Hong Kong therefore got the lowdown…
Fiserv Breaks Corporate Actions Silence with Upgrade to eVent Solution
After a fairly quiet year so far from the Fiserv corporate actions team, Sibos saw the launch of a newly enhanced version of its eVent corporate actions automation solution. The upgrade is aimed at improving the flexibility of election and instruction processing and the notifications process with more customisable options, explains Geoff Harries, vice president…
EDI Adds Dividend Data to FinDataPortal, But Who is Using the Service?
Following its launch last year, FinDataPortal (FDP) has added Exchange Data International’s (EDI) worldwide dividend data to its solution offering. EDI’s data feed will allow FDP to provide its users with in-depth coverage of cash and stock dividends across approximately 110 countries, says Jonathan Bloch, CEO and founder of EDI. The company, which was launched…