A-Team Insight Blogs The latest content from across the platform
Asset Control’s Enfield Highlights Focus on Valuations and Counterparties
Following its partnership agreement with business entity data specialist Avox earlier this year, enterprise data management (EDM) vendor Asset Control is keenly focused on the area of counterparty data. Rick Enfield, product business owner of the vendor’s AC Plus solution, explains to Reference Data Review why counterparty data and valuations are so important in the…
SmartStream and Swift Partner for SaaS Reconciliation Solution
Following the launch of its software as a service (SaaS) offering earlier this year, SmartStream has teamed up with Swift to add its TLM OnDemand to SwiftNet. Financial institutions can now communicate with the SaaS version of SmartStream’s reconciliation service via the Swift network, explains Philippe Chambadal, CEO of the vendor. “The notion behind the…
Concerns Raised About Asian CCP for OTC Derivatives
The rise of the clearing counterparty (CCP) seems unstoppable at the moment. Not only are efforts being made in Europe and the US to move OTC derivatives onto central clearing platforms with a view to reducing counterparty risk, Asia has got in on the act too. This news has not been welcomed by all parties…
Markit Appoints Kansler as Global Head of Corporate, Government and Legal Affairs
Markit has added Adam Kansler to its executive team as an executive vice president, global head of corporate, government and legal affairs and the company’s general counsel. In this role, he will work on corporate strategy, legal and compliance matters, in addition to leading regulatory and government affairs. Kansler joins Markit after 16 years at…
SIX Telekurs Opens San Francisco Office for West Coast Customers
To better serve a growing customer base on the West coast of the United States, SIX Telekurs has opened an office in San Francisco. Barry Raskin, managing director of SIX Telekurs in the Americas, says: “By having on the ground staff in California, we are eliminating the difficulties of time zones, and positioning ourselves to…
DTCC Appoints Macbeth as General Manager of Trade Information Warehouse
The Depository Trust & Clearing Corporation (DTCC) has appointed OTC derivatives market specialist Stewart Macbeth as managing director at the DTCC and general manager of the Trade Information Warehouse (Warehouse). The Warehouse is the US central repository and post-trade processing infrastructure for OTC credit derivatives contracts. Macbeth, who will be based in DTCC’s London office,…
European Commission Bent on Post-trade Infrastructure Revamp for Derivatives
The European Commission has released its proposals for a revamp of the derivatives market in a bid to reduce counterparty risk and improve the transparency of these traditionally opaque instruments. A central tenet of the recommendations, similar to that of the recently proposed US regulatory framework for derivatives, is the introduction of central clearing counterparties…
Eurex and ICE Aim for European CCP Launches by End of the Month
Against the background of a shifting regulatory framework, the European central counterparty (CCP) race for the derivatives market is heating up. NYSE Liffe is considering dropping out of the race altogether, whereas Eurex Clearing and IntercontinentalExchange (ICE) are planning to launch their offerings by the end of the month deadline, which was set by the…
Pricing Partners Adds New Models for TEC10 and EONIA Products
Pricing Partners has upgraded its independent valuation internet platform in order to more accurately price TEC10 and EONIA specific products. Financial products on the TEC10 rate, which is the market rate at which for the French government can borrow for 10 years, are under the spotlight because of the importance of the government issuances. This…
DTCC Talk up Improvements to Corporate Actions Validation Service, XBRL Initiative
The recent uptick in the corporate actions world has not gone unnoticed by the Depository Trust & Clearing Corporation (DTCC) and its Global Corporate Actions Validation Service (GCA VS) subsidiary is keen to steal a march on its rivals. Caroline O’Shaughnessy, vice president and global head of sales for Data Solutions, Asset Services, and Stuart…