A-Team Insight Blogs The latest content from across the platform
Brazilian Hedge Fund Paineiras Investimentos Picks Xenomorph’s TimeScape
Brazil-based hedge fund Paineiras Investimentos has selected Xenomorph’s TimeScape data and analytics management system to replace its current Excel-based solution for data management and validation, risk management and back testing. The hedge fund hopes the system will significantly accelerate its trading and risk management processes, according to partner and trader in the firm Andre Portilho….
Markit Appoints Naro EVP and Global Co-Head of Equities, Commodities and Risk Management
Markit has added Sal Naro to its New York office and appointed him to the position of executive vice president and global co-head of equities, commodities and risk management. He will work in partnership with London-based executive vice president Niall Cameron. Naro joins Markit from fixed income hedge fund Sailfish Capital Partners where he was…
Corero Appoints Forsgren as Head of Sales
Following a difficult year in terms of performance and the departure of a number of senior executives, corporate actions solutions vendor Corero has decided to finish the year with a new head of sales: Mats Forsgren. He will be responsible for all sales activities globally with the Corero Financial Markets division and joins from Chris…
Industry Focus on Risk May Result in More Investment in Corporate Actions Automation, Says Swift and CityIQ Panel
Despite the downturn in the markets, corporate actions automation has not fallen off the industry radar, according to speakers at CityIQ and Swift’s London seminar at the end of October. Rather than driving down spending, a reduced tolerance for risk provoked by recent events could instead encourage increased investment in corporate actions automation in the…
NumeriX Extends Integration Partnership with Calypso Technology
NumeriX, an analytics provider for structuring, pricing and valuation of derivatives and structured products, has extended its integration partner agreement with Calypso Technology, with whom it has been working with since 2005. As a result of this expanded agreement, Calypso users will now have access to NumeriX’s pricing and risk analytics software. As per the…
EDM Council Adds 12 More Members to Champion the Ref Data Cause
The Enterprise Data Management (EDM) Council added 12 new member institutions to its ranks to help it champion the cause for industry collaboration on data management issues. Michael Atkin, managing director of the not for profit organisation, reckons the new additions demonstrate the rising importance of data management in the market. The new members comprise:…
StatPro Launches SaaS System for Pricing of Complex Financial Assets
StatPro Group has launched a new software as a service (SaaS) offering for the pricing of complex financial assets. The new system covers instruments that the vendor describes as needing a complex valuation model and traded market data to be priced, including interest rate swaps, credit default swaps on single names and baskets, FX forwards…
IASB Trustees Urge G20 to Preserve Fair Value Accounting Rules
Prior to the talks of the G20 at the weekend, the trustees of the International Accounting Standards Board’s (IASB) oversight body urged leaders to preserve fair value accounting rules. In a letter to summit host and outgoing US president George Bush, trustee chairman Gerrit Zalm indicated that snap decisions should not be taken regarding fair…
Sifma’s Ryan Urges US Treasury to Focus on Price Transparency for Tarp
Originally appeared in MiFID Monitor Tim Ryan, president and CEO of the Securities Industry and Financial Markets Association (Sifma), has called for the US Treasury to focus on the creation of price discovery through some type of transparent purchase programme as part of the Troubled Asset Relief Program (Tarp). Following last week’s discussions with US…
Prism Valuation to Use Icap as Main Underlying Source of OTC Information
Interdealer broker Icap and Prism Valuation have finalised an agreement that will allow the valuations provider to use Icap data as the main underlying source of OTC information for its services. Although financial terms of the deal have not been disclosed, Icap has also become a minority shareholder in the vendor. The data agreement between…