A-Team Insight Blogs The latest content from across the platform
AGFN to Offer SIX Telekurs Data to Eastern Europe, Greece and Cyprus
AG-Financial Network (AGFN) and SIX Telekurs have signed a partnership agreement, under which AGFN will offer SIX Telekurs’ financial market data to the markets in Eastern Europe, Greece and Cyprus. Adriano Bazzi, head of SIX Telekurs for Italy and Southern Europe, explains that the vendor hopes AGFN’s local presence and market knowledge will allow it…
Broadridge Financial Solutions Buys Access Data Corporation for Undisclosed Amount
Broadridge Financial Solutions has acquired Pittsburgh-based enterprise-wide reporting and data management solution vendor Access Data Corporation, with a view to strategically expanding its investor communications hub, data aggregation and data management solutions. Gerard Scavelli, president of mutual fund solutions at Broadridge, says the main draw for the vendor was the smaller vendor’s technology platform, SalesVision….
Trillium Software Adds More Bells and Whistles to Flagship Solution, Including New Dashboard
Trillium Software has released a new version of its enterprise data quality solution, Trillium Software System, which it says is aimed at accelerating the design, development and deployment of real-time data quality programmes across an organisation. The development of version 12 of the solution was prompted by client requirements for faster and more accurate data…
Numerix and Lumina Americas Team up for Pricing and Risk Management Offering
Numerix, an analytics provider for the structuring, pricing and valuation of derivatives and structured products, has signed a partnership agreement with regional consulting and technology services firm Lumina Americas to combine their respective offerings. Under the agreement, Lumina, which services the Latin American and Spanish markets, will offer Numerix’s suite of pricing models and risk…
Citi’s Pandit Planning IT Overhaul Over Next Three Years in Cost Saving Initiative
Vikram Pandit, Citi’s CEO, is championing an overhaul of the firm’s technology infrastructure in order to reduce duplicative systems and achieve significant cost savings. Earlier this year, the bank stated that it was intending to save at least US$1 billion in technology costs in 2009 via the rationalisation of its systems, but recent reports have…
IASB Indicates Will Expedite Overhaul of IAS39 in Line with EU Government Requests
Following complaints by European Union finance ministers about a disparity between accounting standards in the region and the US, the International Accounting Standards Board (IASB) has indicated that it will speed up the decision making process with regards to altering the rules in question. The IASB had originally planned a revision of IAS39 to be…
High Levels of Market Volatility Have Driven Increased Requests for Valuations Services, Says Interactive Data
The unprecedented levels of volatility in the current market have resulted in an increase in the requirements for valuations services, according to Rob Haddad, director of Interactive Data’s Evaluated Services business. Speaking during the vendor’s recent webcast, “Impact of volatile markets on fair valuation of international funds”, Haddad indicated that funds are invoking fair value…
Transparency, Granularity of Data and Coverage are Key Issues in Current Market, Says Valuations Vendor Community
The financial crisis has resulted in a flurry of activity in the valuations vendor community to take into account the market requirements for increased transparency and greater granularity of data, agreed speakers at last month’s Valuation and Risk 2009 conference in London. Ian Blance, industry consultant and conference chair, told delegates that it is no…
Volante Technologies Releases New Streamer for Cusip Integration Solution
Volante Technologies has launched a new solution aimed at integrating Standard & Poor’s Cusip Master File Service into firms’ databases or downstream applications. The new Streamer for Cusip solution was developed with the support of S&P’s Cusip Global Services (CGS) business and allows for the processing of additional data management rules such as validation and…
Fincad Launches New Version of Analytics Suite for Excel
Fincad has released a new version of its Fincad Analytics Suite for Excel with added functionality to respond to the recent market volatility affecting yield curves. The new version includes basis curve pre-built workbook solutions to help valuations models more accurately reflect market conditions, says the vendor. Bob Park, president and CEO of Fincad, says…