A-Team Insight Blogs The latest content from across the platform
Transparency and Wider Compliance Requirements are Important in Valuations Risk Management, Says Thomson Reuters’ Clements
Firms need to look beyond merely marking to market and examine the wider implications of valuation risk on their business, according to a recent report by Thomson Reuters and Aite Group. Transparency is key to this endeavour and this relates to underlying security data and embedded credit and systemic risk, as well as pricing, explains…
Pricing Partners Adds New Models for Commodities Valuations
Valuations vendor Pricing Partners has upgraded its existing commodity module with the release of the new Gabillon and Gibson Schwartz model. The vendor claims it now able to better calibrate and price a wide range of commodity related derivatives, in spite of market volatility. The Gabillon model and the Gibson Schwartz model are market standard…
Fiserv Appoints Berrada as New Biz Dev Director for Asia Pacific
Fiserv has appointed Tim Berrada as the business development director of Investment Services for the Asia Pacific region. Based out of the Fiserv Singapore office, Berrada has been hired to support strategic expansion in the region and drive business growth. In this position, Berrada will focus on promoting the Investment Services suite of solutions, including…
Switzerland’s Banque CIC Implements Gain|Avaloq Adapter for SIX Telekurs VDF Data
Swiss bank, Banque CIC (Suisse), has upgraded its existing implementation of Aim Software’s Gain Data Management platform for an enhanced processing of SIX Telekurs VDF data in Avaloq via the Gain|Avaloq adapter. The bank, which is headquartered in Basel, has been using the Gain platform since 2002 for the processing and reporting of data from…
Markit and CTI Seeking to Establish Agreement with IRS for Sharing of US Tax Forms
Markit is coordinating an industry-wide initiative, in partnership with Compliance Technologies International (CTI), to help ease the administrative workload associated with sharing US tax forms. As part of this initiative, Markit and CTI propose to seek a memorandum of understanding with the Internal Revenue Service (IRS) which will enable financial institutions to share US withholding…
ICE Trust US Passes US$1 Trillion CDS Clearing Milestone
IntercontinentalExchange’s (ICE) ICE Trust US (ICE Trust) has passed the US$1 trillion milestone in cleared credit default swaps (CDS) since operations began on 9 March 2009. Open interest at ICE Trust currently stands at US$145 billion, representing an 86% reduction in notional value outstanding. ICE Trust also set a weekly clearing record of US$247 billion…
Quantifi Adds Intel Multi-Core Capabilities to its Pricing and Risk Management Offering
Quantifi, a provider of pricing and risk management solutions, has optimised its software suite for Intel multi-core technology. According to the vendor, this new development enables faster calculations and increased scalability without additional cost by leveraging the power of modern multi-core CPUs. “We recognise that in today’s environment, clients need robust analytics that can work…
M&A and JVs Good Idea in Principle, More Difficult in Data Practice
The news this week that Morgan Stanley and Citi’s joint venture in the wealth management space, dubbed Morgan Stanley Smith Barney, will be delayed by up to two years as a result of IT integration issues, will not be news to the data management community. After all, this sector of the industry has been suffering…
Goldman’s Blankfein Praises Mark to Market Accounting as Early Warning Signal
Despite the market’s apparent aversion to mark to market accounting, Lloyd Blankfein, CEO of Goldman Sachs, this week spoke about the benefits of the rules, which he said could have provided an “early warning” of the financial crisis. Speaking at the annual International Organisation of Securities Commissions (IOSCO) conference in Tel Aviv, Blankfein said the…
Bloor Research Examines Vendor Coverage of Data Profiling, Cleansing and Quality
Following its publication of a report on the data discovery vendor community, consultancy firm Bloor Research has produced three more reports on other areas of the data management spectrum: data profiling, data cleansing and data quality. The smaller vendors in the reports seem to appear in the most favourable light due to their targeted coverage…