RegTech Insight Blogs The latest content from across the platform
Broadridge and Newriver Deliver Summary Prospectus Solutions to the Mutual Fund Industry
Broadridge Financial Solutions and NewRiver today announced a solution to the Securities and Exchange Commission’s (SEC) newly enacted summary prospectus rule that combines Broadridge’s inventory, print, fulfilment and householding capabilities with NewRiver’s patented electronic database. Broadridge is a global provider of technology-based solutions to the financial services industry. NewRiver is the creator of a central…
Reval Continues European Expansion
Reval, a vendor in derivative risk management and hedge accounting solutions and services, today announced further expansion into Central Europe, opening a German office and appointing Walter Schipper as country manager. With an already established presence, Reval considers Germany a high growth market and a very strategic part of its European strategy of increased investment…
StatPro Wins Or Extends 11 Contracts For Data And Analytics Services
StatPro Group, the AIM listed provider of portfolio analytics and data solutions for the global asset management industry, announces its has signed new or extended multi-year contracts for a variety of data and analytics services with 11 asset management firms in North America, Europe and South Africa. The contracts were signed with Nomura Asset Management,…
XSP Achieves Microsoft Gold Certified Partner Status in Microsoft Partner Network
XSP, a provider of corporate actions software, today announced it has attained Gold Certified Partner status for 2009/2010 in the Microsoft Partner Network with competencies in ISV/Software Solutions and Security Solutions, recognising XSP’s expertise and impact in the technology marketplace. As a Gold Certified Partner, XSP demonstrates expertise with Microsoft technologies and a proven ability…
DekaBank Goes Live With SunGard’s Asset Arena Compliance
DekaBank, the German savings bank finance group’s central asset manager, has implemented SunGard’s Asset Arena Compliance solution to provide back office support for all its pre-trade, post-trade and post-net asset value (NAV) compliance requirements. Asset Arena Compliance gives DekaBank a standardised and flexible compliance solution that can help support its future growth plans. Asset Arena…
S&P’s ABSXchange Platform Increases Instrument Coverage and Customer Base
As Fitch ups its game in the asset backed securities (ABS) market, so too is Standard & Poor’s with the upgrade of its structured finance platform, ABSXchange. The platform, which it bought in August 2007, has been undergoing a series of upgrades this year, the latest of which includes access to a complete cash flow…
Fitch Solutions Launches New CDS of ABS Market Indices for US Subprime Assets
Following the integration of its website with Fitch Ratings last month, Fitch Solutions has added yet more functionality to its valuations portfolio with the addition of credit default swaps (CDS) of asset backed securities (ABS) broad market indices for US subprime assets. The ratings provider is understandably placing more emphasis on its system solution business,…
UK FSA Fines BarCap £2.45m for Data Errors in Transaction Reporting
The Financial Services Authority (FSA) has slapped Barclays Capital Securities and Barclays Bank with a £2.45 million fine for failing to provide accurate transaction reports to the regulator over a period of a year. The FSA indicates that Barclays and its subsidiary had serious weaknesses in systems and controls in relation to transaction reporting, which…
Now it Makes Sense … Blade and NYSE Euronext
A few inquiring minds have been asking me lately about a company called Blade Network Technologies, and specifically why it is participating in a panel “Building the World’s Fastest Trading Network” at next week’s High Performance Computing on Wall Street conference – it’s a panel that I am moderating, and also includes Stanley Young from…
Prime Source Extends Agreement with CDO2
Prime Source (NYSE Euronext) Limited, a wholly-owned subsidiary of the NYSE Euronext group specialising in providing independent valuations including derivatives and hard to value securities for banks and investment funds, and CDO2 Solutions Limited (CDO2), a market-leading system provider for pricing and risk analysis for structured credit derivatives, announced today the deployment of an enhanced…