A-Team Insight Blogs The latest content from across the platform
Strategic Evolution of Reference Data Well Under Way, Data Management Attracting Board Level Attention
Proof of the long-predicted evolution of reference data management into a strategic concern for financial institutions comes this month in a new A-Team research paper commissioned by SunGard Data Management Solutions. The research, the result of a Buyer Persona Study carried out by A-Team Group during Spring 2007, finds that the strategic evolution of reference…
Avox Signs Up Nomura International
Deutsche Boerse-owned counterparty data specialist Avox has added Nomura International to its roster of clients, where it joins the likes of Citigroup, Dresdner Kleinwort, Barclays Capital, Bank of Scotland and Standard Bank. Nomura International also entered into a three-year deal with Avox competitor CounterpartyLink last year (Reference Data Review, October 2006).
Helaba Invest and HSBC Trinkaus & Burkhardt Pick Telekurs Financial’s Intraday Pricing Service
Helaba Invest and HSBC Trinkaus & Burkhardt have opted to install Intraday Pricing Service (IPS) from Telekurs Financial in their organisations. Intraday Pricing Service delivers real-time snapshots at times defined by the customer. It facilitates the updated, individual valuation of portfolios and securities holdings several times a day. In combination with the Intraday Pricing Service,…
Interactive Data Expands Analytics Content to North America, Following European Launch Last Year
Interactive Data Corporation is making available analytics content, powered by its BondEdge service, to evaluated pricing clients in North America. The new Analytix Direct service, introduced in Europe in 2006 (Reference Data Review, November 2006) “delivers a range of option-adjusted measures including duration and convexity, option-adjusted spread (OAS) and key rate durations”, according to the…
Swift AGM Approves New Regulators Category
Swift has received unanimous approval at its AGM for the addition of Financial Market Regulators as a new participant category on the network. Admitting regulators to Swift will make it easier for Swift members and users to meet regulatory transaction reporting obligations, while facilitating the development of global regulatory reporting solutions, Swift says. The approval…
Cicada Boosts Integration With Cicada Profiler 1.4
Cicada has revealed the next version upgrade of its Cicada Profiler software, a packaged solution for anti-money laundering and Know Your Customer (KYC) data management requirements. The software is designed to bring improved collaboration, control and centralisation to customer identification and risk-based due diligence processes. The release focuses on increased integration with third-party data used…
… While Bear, Goldman and Lehman Sign Up to Markit OTC Affirmation Service
Markit has launched an electronic affirmation service within Markit Trade Processing (MTP). The first dealers to sign up are Bear Stearns, Goldman Sachs and Lehman Brothers. The new service, which builds on Markit’s existing affirmation model, provides trade date affirmation and trade confirmation through industry utilities such as the Depository Trust & Clearing Corporation (DTCC),…
Markit Launches Daily CDS of ABS Spread Service…
Markit has launched a daily consensus spread service for CDS of ABS. CDS of ABS, also known as ABCDS, are credit default swaps referencing asset-backed securities. Markit’s CDS of ABS spread service receives daily feeds from market makers’ books of record. Spreads are cleaned and validated overnight before publication the following morning. Clients of the…
Hedging your bets…
Hats off to analyst Aite Group this month for breathing new life into one of our favourite topics – STP. In its report on Capital Markets IT Spending Priorities in 2007, Aite identifies “a renewed emphasis on trade processing” and, while it does so with a degree of embarrassment, the message is clear. “While STP…
NNAs Set to Begin Testing IBEI Files
At the end of June, work will kick off between National Numbering Agencies (NNAs) including Telekurs, the London Stock Exchange and WM Datenservice to test the interoperability of international business entity identifier (IBEI) files. Though work has not been completed on the ISO standard IBEI, some NNAs are issuing their “own” IBEIs, to meet the…