A-Team Insight Blogs The latest content from across the platform
Kanji Pitamber Selects GFI Fenics FX for Pricing and Risk Management
Indian financial services group Kanji Pitamber & Co has selected GFI Fenics FX, a pricing and risk management system for foreign exchange options from GFI Group, for use in its Mumbai head office. According to head of currency options at Kanji Pitamber, Unnati Parekh, the firm licensed the system, which covers pricing and analytics, in…
Capita Financial Group Selects Interactive Data for Pricing and Reference Data
Outsourcing service provider Capita Financial Group has selected Interactive Data to become its primary data vendor for pricing and reference data. Karl Midl, programme director at Capita Financial Group, which is a subsidiary of Capita Group, indicates that the data feed has already gone live for data including corporate actions and income data. Midl explains…
SEC and FASB Work Towards Mark to Market Guidelines
Despite the ongoing controversy surrounding the US mark to market accounting rules over recent months, legislators have thus far refused to give up on them. Last week, the chairman of the US Senate Banking Committee, Christopher Dodd, confirmed that the rules would be modified but the underlying standards would remain in place. The rules have…
XSP Promotes Fullam to Senior Director of Business Strategy, Relocates Him to NYC
Corporate actions software vendor XSP has promoted its current principal consultant Paul Fullam to the position of senior director of business strategy and relocated him from its London office to its New York office. In his new role, Fullam will assume responsibility for relationships with key industry associations and organisations such as ISITC and Swift,…
Accuity Completes Acquisition of CB.Net
Accuity has completed the acquisition of payments reference data vendor CB.net as part of its efforts to bolster its customer base and extend its offering. Hugh Jones, president of payment routing data vendor Accuity, explains that CB.Net’s existing relationships with the European Payments Council (EPC) and the Euro Banking Association (EBA) were of particular appeal….
NYSE Euronext and Eurex Indicate Concern Over Derivatives Regulation, CDS CCP Debate Continues
Two of the contenders in the credit default swap (CDS) clearing counterparty (CCP) race, NYSE Euronext and Eurex, have expressed their concern about a draft bill in the US aimed at expanding derivatives regulation. The firms are worried that the regulation, which would require mandatory clearing of most OTC products, would have the unintended consequence…
EDI and S&P Partner to Launch Financial Corporate Action Data Portal Company
Exchange Data International (EDI) and Standard & Poor’s have banded together to launch a new company aimed at providing financial institutions with corporate action and dividend data for companies listed globally. The new company, which has been dubbed FinDataPortal (FDP), launched in November last year and is aimed at providing low cost access to this…
Counterparty Risk Infrastructure in the Current Market
By Neil McGovern, product strategy director at Sybase History may judge the failure of Lehman Brothers as the event that caused the most changes in financial services institutions in the credit crunch of 2007 to 2009. The failure of an institution that was never meant to fail, especially one such as Lehman, has changed attitudes…
Aim Software and SFB Services4banks Partner for Reference Data Service in Switzerland
Aim Software has entered into a strategic partnership with Swiss?based application service provider (ASP) and outsourcing vendor SFB services4banks to provide the latter’s clients with a central reference data management platform based on Aim Software’s Gain Data Management solution. The two vendors are therefore working together to provide Swiss clients using SunGard’s Ambit Apsys with…
Data Practices Have to Change to Support Risk Management, Says A-Team and GoldenSource
Given the current financial climate, a large proportion of the financial services industry is engaged in changing its approach to data management in order to better support risk management, according to recently published research by A-Team Group. The research, which was commissioned by EDM vendor GoldenSource, indicates that there is a general feeling within the…