The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs The latest content from across the platform

Ex-Reuters STP Executive Smith Emerges at TradeWeb

TradeWeb, the institutional transaction portal for fixed income securities, has named Chris Smith to lead its European straight-through-processing initiative. In the face of continuing competition in the electronic bond trading arena, TradeWeb has been emphasizing its STP capabilities as an edge over potential rivals. Smith will oversee the launch of TradeWeb’s TradeXpress STP product in…

Wall Street Systems Hires Longden as European Head

Wall Street Systems has hired Chris Longden as regional managing director for Europe, Middle East and Africa, with responsibility for the company’s sales and delivery operations. Longden was previously head of global risk management products at Misys International Banking Systems.

Basel II Plan Under Attack for Impact on Costs, Funding

The draft Basel II proposals on risk regulation have been attacked by two industry bodies in the past month. First, the Institute of International Finance (IIF) expressed concern about the potential costs to industry participants of accommodating what it called the complexity of the proposed new framework, and said there was a lack of coordination…

Fame Partners with CSFB for Bond Pricing, Analytics

Fame Information Services has signed a strategic agreement to market Credit Suisse First Boston’s fixed-income and convertible data/analytics offerings. CSFB’s services, powered by descriptive data from FT Interactive Data, are targeted at the research, compliance, and trading-room decision-support areas. By augmenting CSFB’s trade desk pricing and analytics with FT ID’s descriptive data, Fame clients will…

Barra, Reuters’ Lipper Team Up To Offer Risk Factor Data

Barra and Lipper, a Reuters subsidiary, have released the Lipper-Barra Mutual Fund Risk Factor service, which ranks the relative riskiness of mutual funds. The service is aimed at allowing investors and their advisors to compare competitive or complementary funds on the basis of the risks that they incur. The measure is based on Barra’s risk…

ADP Wilco Upgrades Its Gloss Securities Processing System

Automatic Data Processing’s Wilco unit has upgraded its Gloss international securities processing system. The latest version – Version 5 – includes extended instrument coverage and broader market connectivity. Gloss 5 now supports international fixed-income securities, repurchase agreements and stock lending. The system complies with upcoming mandatory changes to the Swift messaging format and now connects…

Australia’s QIC Fund Manager Implements Eagle’s Pace

QIC, an Australian wholesale fund manager, has implemented Eagle Investment Systems’ Pace portfolio management system. The system will allow the fund manager to extract, scrub, enrich and store investment data from multiple sources into a single repository, enabling it to make use of Pace’s performance measurement, attribution, reporting and data monitoring features.

Loomis Sayles to Use Heliograph’s TradeFlow Platform

Loomis Sayles, a U.S. investment management firm, has installed Heliograph’s TradeFlow platform to help manage the settlement process, and is now directing 70% of its transactions through the system. TradeFlow additionally is allowing Loomis Sayles to offer its clients’ custodians the choice between receiving Swift messages or electronic faxes, an important capability since many smaller…

Golden Copy Protagonists Insist There’s More to the Concept than Just Hype

Our editorial last month about the cynical use of the term Golden Copy by the ever-growing number of newcomers to the business of reference data drew a crisp rejoinder from Kathleen Hawk of Clearview Associates, which provides marketing and public relations services to Asset Control. As you know, Asset Control was perhaps the pioneer of…

Access International Enters Final Phase of Sale of GPS Security Master Database

As Reference Data Review went to press, Access International Financial Services was entering the final phase of the process of selling its Global Trade Processing System (GTPS). A key element of GTPS is the Global Product Suite (GPS) security master database. At press time, it wasn’t clear how many – if any – bids or…