A-Team Insight Blogs The latest content from across the platform
Trillium Software and Cordys Software Partner for Data Quality Strategy
Trillium Software has signed a partnership agreement with Cordys Software, a business process software provider, under which the vendors will work together to develop an integrated offering. Accordingly, Cordys has developed a connector that integrates the data quality capabilities of the Trillium Software System with the Cordys Business Operations Platform. Trillium Software’s solution is therefore…
Credit Crisis Has Meant a Dramatic Shift in Derivatives Clearing, Says Sophis
The credit crisis has resulted in a dramatic shift from OTC to exchange cleared platforms for derivatives, according to the results of Sophis’ recent survey. The Derivatives Trading Outlook Survey for 2009, which included responses from chief risk officers, heads of derivatives trading, and chief investment officers, indicates that 50% of respondents will be moving…
Buy Side and Sell Side are Experiencing Similar Pain with Regards to Document Management, Says Markit
Given the increased market focus on counterparty risk this year, firms are now beginning to spend more on the efficient management of their documentation processes, according to a recent survey by Markit. Good news then, for the vendor, which launched its Markit Document Exchange service in May last year. Penny Davenport, managing director and head…
Accuity Tipped to Buy CB.Net for Undisclosed Amount
Payments reference data vendor Accuity has indicated its intention to buy rival vendor CB.Net for an as yet undisclosed amount. According to Accuity, it is currently consulting with its partners and customers concerning the deal, which may put it into a better position in the competitive payments data market. CB.Net’s flagship product BankSearchPlus offers an…
NewRiver Files Lawsuit Against Morningstar for Unauthorised Access
NewRiver, a US provider of a central repository of mutual fund documents and data for financial services firms, has filed a lawsuit against Morningstar, alleging that the investment research firm has used the internet to gain illegal access to its Prospectus Express web-based data warehouse. The firm has also accused Morningstar of unfair competition related…
Quantifi Claims 2008 as a Strong Year for Growth with 37% Increase in Clients
Despite the economic downturn, analytics and risk management solutions provider Quantifi experienced what it reckons was significant growth over the course of last year. Rohan Douglas, CEO and founder of the vendor, says that the results are indicative of the increased demand for its credit pricing and risk analytics solutions. “In particular, we witnessed a…
Current Economic Climate is Forcing Buy Side to Re-evaluate Data Management Systems, Says Asset Control
The current financial crisis has had a significant impact on the buy side’s data management practices, according to a recent white paper by Asset Control in partnership with London-based management consultancy Lepus. Martijn Groot, director of market strategy at Asset Control, explains the highlights to Reference Data Review. The white paper, entitled “Establishing Control: Buy-Side…
JPMorgan Agrees to Provide ISDA with CDS Pricing Engine to Increase Transparency
JPMorgan has agreed to hand over its proprietary credit default swap (CDS) pricing engine to the International Swaps and Derivatives Association (ISDA) as an open source platform with a view to improving transparency in the market. It is hoped that this move will deter regulators from stepping in to regulate the sector, which has come…
XSP Moves Corporate Headquarters to Larger Premises
Corporate actions software vendor XSP has moved its corporate headquarters to larger premises in Birmingham, Alabama. According to the vendor, the move is designed to accommodate future growth and bolster client service activities. The vendor says it selected Birmingham because of its position as a banking centre and its local community of technology professionals. XSP’s…
NZX in Discussions to Sell Carbon Registry Business to Markit
New Zealand exchange NZX is currently in discussions with OTC data specialist Markit to sell its wholly owned carbon registry business, TZ1 Registry, to the vendor. According to a spokesperson from Markit, discussions about the sale have been ongoing for four months and the deal is still awaiting formal board approval. TZ1 Registry is the…