A-Team Insight Blogs The latest content from across the platform
Siperian Launches New Data Governance Application for its MDM Hub
Master data management (MDM) platform vendor Siperian has launched a new data governance application for its MDM Hub, which it says is aimed at allowing data stewards to more effectively manage and monitor master data. The solution, which it has dubbed Siperian Business Data Director, is web-based and also allows downstream data users to create…
ABA Commends FASB on Progress But Says More Needs to be Done on OTTI
Following a barrage of criticism from market participants, government figures and regulators alike, the Financial Accounting Standards Board (FASB) has finally released a number of proposals concerning mark to market accounting rules. The proposals include allowing firms more leeway in determining if a market is active and whether a transaction is distressed. However, a number…
Fitch Solutions Pitches CDS Liquidity Scores and Rankings at Buy Side Market
In a bid to increase its market coverage, Fitch Solutions has been actively marketing its credit default swap (CDS) data to buy side institutions, says Thomas Aubrey, managing director of the data solutions division of ratings agency Fitch. The liquidity scores and percentile rankings, which are derived from Fitch’s proprietary statistical model, for these widely…
RiskVal Launches CDS Conversion Analytics to Valuations Solution
RiskVal has added credit default swap (CDS) conversion analytics to its portfolio valuation solution with a view to helping its customers move to the new credit derivatives standards. The vendor indicates that for a limited time, it will be offering a free service to help these firms convert legacy CDS portfolios to the new standards…
US Government Threatens to Step in for Mark to Market Improvements
Members of the US Congress have indicated that the government will step in to take action if the Financial Accounting Standards Board (FASB) does not take swift action to improve mark to market accounting standards. The industry has been discussing potential improvements to the controversial accounting rules over the last couple of months but there…
CME Group Receives Regulatory Exemption from SEC to Launch CDS CCP in US
Following the approval and launch of IntercontinentalExchange’s (ICE) ICE Trust last week, CME Group has now announced that it has also been granted permission to operate as a clearing house and central counterparty (CCP) for credit default swap (CDS) transactions in the US. The derivatives exchange operator has received a special exemption from the Securities…
Shadow Financial Systems Provides Access to Fincad’s Derivative Pricing Library
STP solution vendor Shadow Financial Systems has joined the Fincad Alliance Programme to enable users of its ShadowSuite application access to Fincad’s derivative pricing library. According to the vendors, this will allow users to independently value derivative positions during their post-trade processing and clearing operations. The ShadowSuite software solution for post-trade processing, reconciliation, clearing, settlement,…
Misys Releases Collateral Management Solution Aimed at Counterparty Risk Reduction
Misys has released a new collateral management solution, dubbed Misys Summit FT Collateral Management, which it claims is aimed at reducing counterparty risk. Against a background of increased market scrutiny of firms’ risk exposures via their counterparties, the vendor says the solution will provide real-time tracking and assessment of collateral levels. The vendor is emphasising…
Ventura Management Associates and On-Course Advisors Launch Client Relationship Management Forum
Ventura Management Associates, a boutique advisory firm focused on reference data and client information data strategy, has partnered with On-Course Advisors to launch a client relationship management (CRM) forum. According to Ed Ventura, president of Ventura Management Associates, the semi-annual CRM Forum will be aimed at bringing together industry participants to discuss best practices relating…
ISDA Introduces New Rules for CDSs, Pickel Testifies Before US Senate Committee, ICE Trust Launches
The International Swaps and Derivatives Association (ISDA) has this week introduced new rules governing the market’s dealings with credit default swaps (CDS). Robert Pickel, executive director and CEO of ISDA explained the changes in a testimony before the US Senate Committee on Banking, Housing and Urban Affairs earlier this week. The new rules cover the…