A-Team Insight Blogs The latest content from across the platform
Markit Launches Multi-bank, Cross Asset Client Valuations Platform
Following 12 months of development, Markit has finally launched its new multi-bank, cross-asset client valuations platform with much fanfare. The new platform has been developed in partnership with six banks and a couple of buy side firms and purports to provide a secure, standardised view of OTC derivative positions and valuations across counterparties. The platform,…
UK FSA Extends AII Deadline for Derivative Transaction Reporting to September
The UK’s Financial Services Authority (FSA) is giving approved reporting mechanisms (ARMs) more time before they have to start providing derivative transaction reports using the Alternative Instrument Identifier (AII). The go live date is now 21 September as opposed to end of the first quarter. The FSA is also setting up a number of support…
Swift Appoints Ex-BNY Mellon Exec Curtin as Head of Securities Initiatives for the Americas
Following the appointment of ex-BT Radianz MD Chris Church as global head of Securities last year, Swift has beefed up his new team with the addition of ex-Bank of New York Mellon executive Patrick Curtin. Curtin joins as head of securities initiatives for the Americas and will report to Church in his capacity as chief…
Fed’s Bernanke Champions Mark to Market But Says Illiquid Securities Issue Needs Resolution
Federal Reserve chairman Ben Bernanke has added his voice to the debate about mark to market accounting rules this week. Bernanke is in favour of the controversial accounting rules, which require companies to write down assets every quarter to reflect market value, but cautions that regulators urgently need to deal with the issues surrounding the…
G2systems Signs Reseller Agreement with IBM for EDM Solution Optim
Software integration and implementation services vendor G2systems has signed a reseller agreement with IBM for its enterprise data management (EDM) product Optim. Under the agreement, G2systems will offer the IBM solution to its client base of hedge funds, investment firms and fund administrators. The deal is indicative of the current trend within the data management…
Fiserv Rebrands, Streamlines Management and Launches Global Ad Campaign
Following its acquisition of CheckFree at the end of 2007, Fiserv has finally decided to rebrand the business under its own moniker. The vendor claims this rebranding exercise and global advertising campaign represents its new consolidated approach to the financial technology market. The management team and organisational structure have also been streamlined (and we all…
S&P’s ABSXchange Wins Three New Financial Institution Clients and UK FSA
Standard & Poor’s structured finance platform, ABSXchange, has gained a number of new clients over the last month or so, including the UK Financial Services Authority. The ABSXchange platform, which is part of the vendor’s Fixed Income Risk Management Services (FIRMS) division, enables users to retrieve performance data from across the universe of publicly rated,…
Asset Control Expands Coverage of Fitch Solutions Data to Credit Risk Ratings
EDM vendor Asset Control has expanded its Fitch Solutions data coverage as part of its AC Plus data management software solution. According to the vendor, the Fitch Solutions Ratings Delivery Service (RDS) data feed, which provides credit ratings and related information on corporate, structured finance and public finance issues and issuers, is now available as…
DTCC’s Loan/SERV Adopts Markit’s New Entity Identifier System
The Depository Trust & Clearing Corporation (DTCC) has adopted Markit’s new entity identifier system for loans processed by its suite of services for the syndicated loan market, Loan/SERV. According to DTCC, the collaboration between the two vendors is aimed at reducing operational risks within the processing of syndicated loans by the introduction of standard, unique…
Banca Euromobilare Goes Live with Aim’s Gain Data Management Solution
Switzerland-based private bank Banca Euromobilare (Suisse) has gone live on Aim Software’s Gain Data Management in order to manage the capture, processing and distribution of pricing and static data from the SIX Telekurs Valor Data Feed (VDF). This data is fed into the bank’s implementation of SunGard’s Apsys III via the Gain standard interface, which…