A-Team Insight Blogs The latest content from across the platform
OTC Val Expands Derivatives Coverage to Synthetic and Bespoke Products to Meet Growing Client Demand
OTC Valuations (OTC Val), a provider of independent derivatives valuation and risk reports for structured products and exotic derivatives, has expanded its derivatives coverage for credit, inflation, equity, FX, and fixed income products. The vendor has increased its asset class coverage to meet client demands for both vanilla and complex derivatives pricing. OTC Val has…
Counterparty Risk Should be Monitored Daily to Contain Systemic Shocks, Recommends CRMPG
As part of the industry’s drive to contain systemic risk, financial institutions should receive daily end of day counterparty risk reports, according to the Counterparty Risk Management Policy Group’s (CRMPG) recent report. The group was formed in April this year to examine the steps that must be taken by the private sector to reduce the…
The Counterparty Data Management Space is Evolving, Says A-Team, GoldenSource and CounterpartyLink
Senior managers have finally got a handle on counterparty data’s importance with regards to risk and entity exposure and they are now attempting to leverage it as an asset to fuel growth, according to recent research carried out by A-Team Group and sponsored by GoldenSource and CounterpartyLink. The research, entitled Counterparty Data Emerges as a…
Merger Costs Cut Thomson Reuters Profits by 54%
The US$15.9 billion merger of Thomson Financial and Reuters earlier in the year has had a significant impact on the merged entity’s profits as well as on its staffing levels. Substantial integration costs have caused the media group and financial data provider’s second quarter profits to fall by 54%. At the time of the merger,…
Talk of the town
I never thought I’d be saying this, given the glacial pace of change in this particular sector of the market, but it seems that corporate actions has been the talk of the town recently. Not only has the DTCC been forging ahead with its plans for XBRL and ISO, reported in last month’s issue, but…
Swift Talks up STaQS for Corporate Actions, Eyes up Tax Processing
Swift’s corporate actions message testing service, launched in April this year, has gained significant backing from the custodian community, says Max Mansur, senior product and markets manager at Swift. The Simulation Test and Qualification Service (STaQS) allows Swift’s customers to see how their usage of corporate action messages compares to market practice guidelines established by…
Asset Control Appoints New US and EMEA Sales Execs, Expands in Asia
Asset Control has added to its EMEA sales team with the appointment of Claudio Capozzi as EMEA sales director in London. The vendor has also hired Scot Kelly in New York as North American sales executive, as well as expanding its Asia Pacific sales coverage with the relocation of Alex Rich to its Australian office….
CM-CIC Asset Management Selects Pricing Partners for OTC Derivatives Valuations
French asset management group CM-CIC Asset Management has selected Pricing Partners’ pricing tool for OTC derivative products, Price-it Excel. According to the vendor, the asset manager’s department of quantitative research will rely on the Price-it Excel library to manage complex optional structures related to the creation of structured funds and to analyse the integral risks…
Target Group Signs LV= for Data Management of its Loan Operations
Insurance and investment group LV= has signed a deal with Target Group under which the Cardiff-based software and processes provider will take control of the data management of LV=’s existing loan operation for a period of three years. Target will manage the infrastructure that LV= uses for processing, account management, arrears management, and securitisation. The…
Thomson Reuters Down 54% as a Result of Merger Costs
The US$15.9 billion merger of Thomson Financial and Reuters earlier in the year has had a significant impact on the merged entity’s profits as well as on its staffing levels. Substantial integration costs have caused the media group and financial data provider’s second quarter profits to fall by 54%. At the time of the merger,…