A-Team Insight Blogs The latest content from across the platform
Cadis Acquires Compliance Reporting Software Vendor C8 Software
EDM vendor Cadis has acquired management information and compliance reporting software provider C8 Software in a bid to combine the two vendors’ offerings and meet clients’ reporting and risk data requirements. Daniel Simpson, CEO of Cadis Software, explains that the new offering is aimed at cleaning up what he sees as often poor quality data…
Rigel Capital Rolls Out FundWorks Global’s FundReports6 to Automate Reporting Process
Seattle-based institutional asset management firm Rigel Capital has gone live with FundReports6, FundWorks Global’s enterprise client communications and reporting platform, to meet its institutional reporting requirements. The firm decided to replace its previously manual monthly and quarterly institutional reporting process in order to speed up report production and reduce the risks in the process, says…
GBST Adds Coexis’ Williams to Exec Team as Chairman of European Ops
Following the completion of its acquisition of Coexis last year, Australian securities services technology vendor GBST has appointed Coexis’ executive chairman, Terry Williams, to its executive team as chairman of its European operations. He will also act as an advisor to the board of directors and will focus on growing the vendor’s operations in the…
Netik Restructures to Tailor Offerings to Three Specific Market Segments
Data management solution vendor Netik has restructured its business into three new divisions with a view to strengthening its offering in each of the three market sectors its solutions are being targeted at. The divisions comprise Investment Managers, Prime Brokers/Custodians and Fund Administrators, explains John Wise, CEO of the vendor. “We have put these divisions…
Pendo Systems Develops OTTI Analysis Report for FASB Accounting Requirements
Accounting solutions vendor Pendo Systems has developed a new report aimed at assisting its clients in identifying investments that come under the other than temporary impairment (OTTI) classification, as specified by the Financial Standards Accounting Board (FASB). OTTI has been a hot topic over the last few months, as the FASB has been coerced by…
SciComp Releases SciFinance Version 5.0 with Added Functionality for OTC Derivatives Pricing
Derivatives valuations software vendor SciComp has released a new version of its flagship SciFinance pricing software solution, which it claims will help quantitative developers shorten model development time and create models with faster execution speeds. Version 5.0 of the software has been altered to reflect the new market conditions and new OTC derivatives, says Curt…
SEC’s Ratings Roundtable Agrees to Change Fee Structures for Ratings Agencies
This week’s long awaited Securities and Exchange Commission (SEC) roundtable on the future of the ratings agencies threw up very few surprises. The regulator’s chairman Mary Schapiro confirmed that the agency is planning to change the way that ratings agencies are paid to minimise the potential of conflicts of interest and roundtable participants agreed there…
SIX Telekurs Provides Pricing Feed to ValueLink for PriceValidation Clients
ValueLink has selected SIX Telekurs’ Intraday Pricing Service (IPS) as a data provider for its PriceValidation solution. The vendor will cleanse the data from SIX Telekurs’ real-time Market Data Feed (MDF) against a number of feeds from different data suppliers and internal sources and provide it as an optional feed for its PriceValidation clients, explains…
FPL and FISD Sign Agreement to Work Together on Data Standards
FIX Protocol Limited (FPL) and the Software and Information Industry Association’s (SIIA) Financial Information Services Division (FISD) have signed an agreement to work together on improving the interoperability of data standards and increasing the industry’s adoption of STP. The statement of understanding formalises the relationship between the two non-profit organisations that has been ongoing for…
Interactive Data Launches New Weekend Pricing Service for Middle Eastern Exchanges
Interactive Data’s Pricing and Reference Data business has introduced a new weekend market close pricing service for 13 Middle Eastern and North African exchanges. The service, which is available via Interactive Data’s FTS securities administration tool, provides end of market prices for the exchanges in the region where trading occurs during weekends, explains Bob Cumberbatch,…