A-Team Insight Blogs The latest content from across the platform
Merrill Corporation’s Schlanger Joins XBRL US Board of Directors
Originally appeared in MiFID Monitor Michael Schlanger, vice president of product management for XBRL at technology vendor Merrill Corporation, has been appointed to serve on the XBRL US board of directors. According to the vendor, Schlanger develops financial product strategies in response to client and regulatory needs and is on the leadership team guiding the…
European MTFs Continue Data Discussions for Pricing Service
Originally appeared in MiFID Monitor Following the announcement towards the end of last year that a group of European multilateral trading facilities (MTFs) would be working together to develop a common symbology system and pricing data service for European stocks, the group has indicated it is conducting meetings regarding the plans this week. The group,…
Brandes Investment Partners Implements Cadis EDM Solution
US-based investment management firm Brandes Investment Partners has finished the rollout of the Cadis EDM suite, which it selected with a view to more effectively managing its security, price and currency data. According to the vendor, the rollout was completed over a period of nine weeks. Brandes indicates that it opted for the Cadis solution…
Prime Source Adds Interactive Data’s Bond Evaluations to Valuations Service
NYSE Euronext’s valuations service subsidiary, Prime Source, has chosen to add bond evaluations from the Pricing and Reference Data business of Interactive Data to its valuations service. The vendor, which was established in February last year, hopes that the data from Interactive Data will enhance its multi asset-class portfolio valuations service. Prime Source’s service is…
Hedge Funds are Increasing their Scrutiny Of Counterparty Risk, Says Pershing and Aite Group
Managing counterparty risk has become a much more critical component of a hedge fund’s overall business operations today than it has been in previous years, according to a recently published white paper by Pershing and Aite Group. The report, which is entitled Risk and Reward: Hedge Funds Changing Views on Counterparty Relationships, focuses on the…
CESR Releases Statement Regarding Instrument Reclassification for Fair Value Accounting
Originally appeared in MiFID Monitor Following a request by the European Commission last October, the Committee of European Securities Regulators (CESR) has released a statement regarding the reclassification of financial instruments for fair value accounting. The regulatory body has worked in cooperation with the International Accounting Standards Board (IASB) to tackle the issues identified by…
Millennium Management Expands Beyond Valuations to Outsourcing with GlobeOp
Global multi-strategy investment management firm Millennium Management has expanded its agreement with GlobeOp Financial Services beyond its current agreement for valuation, share registry and transfer services to fully outsourced fund administration services. GlobeOp has now become the administrator of record for all three Millennium funds, whereas previously its services were limited to the Millennium International…
GoldenSource’s Kennedy Replaces Sey at Interactive Data as Ref Data Business Manager
Interactive Data has appointed ex-GoldenSource EDM head Paul Kennedy as reference data business manager for its European arm. He will be charged with developing the vendor’s European reference data offerings, working with customers and prospects, building relationships with industry trade bodies, working groups and software vendors. Kennedy will also work with Interactive Data’s reference data…
Thomson Reuters’ Ex-EDM Head Barr Moves to Switzerland to Markets Role
Following a year of restructuring, the dust is in the process of settling for the various divisions of Thomson Reuters. It appears that as well as a number of exits, there have been a fair few significant reshuffles. One such move is the transfer of Gary Barr, Reuters’ ex-global head of EDM, from the US…
GoldenSource Appoints Reuters’ Mishra as National Sales Manager for India
EDM vendor GoldenSource has appointed ex-Reuters Indian enterprise head Shashank Mishra as national sales manager for India. Mishra will be based in GoldenSource’s Mumbai office and report to Hugh Stewart, vice president of sales for EMEA and Asia. Before joining GoldenSource, Mishra worked at Reuters India as a sales specialist, where he managed enterprise business…