A-Team Insight Blogs The latest content from across the platform
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…
LakeFrontData Consulting Adds EDM Capability Assessments and Managed Data Service Vendor Evaluations Services
Following the launch of its jobs website last week, LakeFrontData Consulting has added two new data management consulting services to its consultancy services offering. The firm has created enterprise data management (EDM) capability assessments and managed data service vendor evaluations, which it says are aimed at providing clients with a holistic view of their requirements….
Technology Investment Essential to Cope with Corporate Events Rapid Growth
With the explosive growth in corporate events – primarily due to the current restructuring of debt or refinancing – those financial institutions that have invested in technology and integrated data sets will be the best placed to cope with the increase in volumes, according to David Kane, senior vice president of securities and operations at…
Credit Crunch is Likely to Drive Institutions to Offshoring or Outsourcing, Says Northern Trust’s Davis
The current market climate has meant that institutions are under serious pressure to cut costs and improve operational efficiency and this may mean they decide to go the outsourcing route, said Liam Davis, vice president of global data management at Northern Trust. “We need to do more with less and provide a higher level of…
Moody’s Investors Service Appoints Kimball Head of Structured Finance, Cantor as Chief Credit Officer
Moody’s Investors Service has named Andrew Kimball executive vice president and head of its global structured finance business. He has been acting head of the business since July of this year. Richard Cantor has assumed Kimball’s previous role as chief credit officer of Moody’s Investors Service and chairman of its credit policy committee. Michel Madelain,…
DerivActiv Offers 12 Month Swap Payment Cashflow Verification Report to New Customers Free of Charge
Derivatives valuations provider DerivActiv has indicated that it will provide a free 12 month swap payment cashflow verification report to all new customers. The vendor says that this is part of its drive to encourage firms to ensure their swap payments are calculated correctly so that accurate tax compliance calculations can be made, as well…
CFTC’s Lukken Calls for Three New Regulatory Agencies to Replace SEC and CFTC
Originally appeared in MiFID Monitor Following the debate about regulatory scrutiny of the credit derivatives space that has been ongoing over the last few months, Walter Lukken, acting chairman of the Commodity Futures Trading Commission (CFTC), has now indicated that he wants his own regulatory body and the Securities and Exchange Commission (SEC) to be…
Data Rationale Needed as Exotic Instruments Mature, JPM’s Serentia Tells FIMA 2008
Not all data should be centralised and there has to be a rationale for the data that you do centralise, said Peter Serenita, chief data officer of JPMorgan Worldwide Securities Services in a FIMA panel about ‘Ensuring a successful group-wide data management model’. “Exotic instruments are not commoditisable, but you need to have a data…
Case Study: Leveraging Data for Operational Risk Monitoring
Given the rise of high profile incidents related to rogue trading, a major US bank has worked with business and technology consultant Detica to pull together its data to monitor operational risk across a number of controls in order to provide an effective tool to combating these incidents. Through the process, however, other business benefits…
ECB’s CSDB Could be Used as IBEI Repository, Says Finsoft’s Christensen
The European Central Bank’s Centralised Securities Database (CSDB) could be used as the industry’s recognised source of business entity identifiers in the future, contended Soeren Kier Christensen, managing director of Finsoft Financial Systems. “Each institution needs a unique identifier and the CSDB currently tracks these for each European institution. By using these already standardised codes,…