A-Team Insight Blogs The latest content from across the platform
AMF Releases CA Recommendations
The Asset Managers Forum (AMF) of the Bond Market Association has released an exposure draft of recommended best practices for processing corporate actions. One recommendation is that custodians use at least two sources for corporate actions information and cross-check them for accuracy. The comment period for the draft ends on November 30.
…While Reuters Adds CDS Prices from Bear, Stearns
Reuters clients will now be able to receive credit default swaps and interest rate swaps pricing evaluations from Bear Stearns Pricing Direct. The addition of PricingDirect evaluations to Reuters Pricing and Reference Data is, says Reuters, the first step of a broader strategy to provide its customers with independent credit derivatives pricing based on a…
LSE Defends New Pricing Model For Corporate Actions Data
The London Stock Exchange refutes the suggestion that its new pricing policy for subscriptions to its corporate actions data by distributors is simply an attempt to extract more revenues from data vendors. According to Mark Husler, head of reference data at the exchange, the new policy, due to take effect in April 2007, is the…
Swift Not Fast Enough For Reference Data Role
Swift’s core strengths of security and resilience are also the major impediments to it fulfilling its aims in the securities reference data space, where it is speed that counts. This was one key message delivered during a panel session entitled “A new age for reference data – collaboration”, which took place on the first day…
CicadaRisk in Transition To Independent Entity
An announcement is expected within weeks concerning the repositioning of CicadaRisk, provider of risk management solutions based on Algorithimics’ risk technology and Cicada’s data management technology. The objective is to enable CicadaRisk to operate more as an independent entity within the financial markets vertical of its principal financial backer Investors Guaranty. CicadaRisk has operated as…
Mellon’s Harkins Offers Guide To Successful Team Building
People – specifically, finding the right ones, training them appropriately and hanging onto them – were key themes at this month’s ‘Reference Data Management: Challenges and Solutions’ symposium hosted by Telekurs in New York. The symposium, also featuring Dun & Bradstreet’s Keith Webster, Telekurs’ Barry Raskin and Reference Data Review’s own Andrew Delaney, offered insight…
A-Team Analysis: Will the Securities Data Model Fly?
At the Sibos Standards Forum in Sydney earlier this month, securities data came under the spotlight during a panel session designed to fill delegates in on the progress of ISO TC68/SC4/WG11, the ISO working group charged with the development of ISO 19312. For the uninitiated, ISO 19312 is the planned standard for financial instrument data….
Bank Deploys Aleri Stream-Processing Platform for Ref Data
Stream-processing technology is big news in the market data world, where the demands of algorithmic trading are driving investment in solutions to support high-volume, low-latency, fast-moving environments. To date, it has not been widely suggested that low latency was so important in the context of reference data, but an early sign that streaming technology could…
CounterpartyLink Inks Deal With Nomura International
Nomura International has signed a three-year agreement to take legal entity data from CounterpartyLink. According to the vendor the international arm of the big Japanese bank is using its legal entity data product to validate and enhance its entity reference database. Nomura’s entity data files are compared to the corresponding entity records held by CounterpartyLink,…
Siperian Brings Client Data Management System to Europe
Providers of counterparty and client data management solutions in Europe face new competition from California based Siperian, which in partnership with Deutsche Boerse-owned counterparty data specialist Avox has secured a soon-to-be-announced deal with what it describes as a major European bank. On the back of this, Siperian is beefing up its presence in Europe, opening…