A-Team Insight Blogs The latest content from across the platform
DTCC Plans Data Repository for Credit Derivatives Trade Information
Stop Press: The Depository Trust & Clearing Corp. (DTCC) has unveiled plans to create a single data repository for trade data covering over-the-counter derivatives transactions. The proposed utility would become a central industry trade information warehouse, containing the golden copy of each OTC derivative trade, with an initial focus on credit derivatives. Access to the…
Wells Fargo Adopts I-flex Reveleus Data Structures
Wells Fargo has implemented a platform from i-flex’s Reveleus unit to support its credit capital calculation application in order to meet its Basel II requirements. Underlying the platform is a set of data structures, business rules, computations and definitions that is expected to help the U.S. bank comply with the advanced internal ratings-based approach of…
Reference Data Spending to Continue at Highs for Two Years
Rest assured. The boom years aren’t over yet. Financial institutions will continue their high rate of spending on reference data projects for the next two years as drivers such as operational risk and regulation continue to force firms to clean up their data acts. That’s the conclusion of a new survey from TowerGroup, which said…
BNP Picks Xyleme for Derivatives Data Management
BNP Paribas has selected Xyleme Inc. to provide data management for the bank’s derivatives operations. The big French bank will use Xyleme’s XML-based platform to integrate trade data for reporting of profitability of specific financial instruments or client risk exposure.
CheckFree eVent to Support LSE’s ISO 15022 CAs Feed
CheckFree Corp. has released an enhanced version of CheckFree eVent, which now supports the London Stock Exchange’s ISO 15022 corporate actions data feed. The data covering UK-based corporations is delivered in near real-time over the Swift network using the MT564 notifications messages.
Reuters Plugs Corporate Actions into Xcitek XSP
Reuters has entered a deal to make its corporate actions data, from the DataScope Pricing & Reference Data service, available via Xcitek’s XSP. This data is now available from Reuters in the ISO 15022 format. According to Caroline O’Shaughnessy, head of third party alliances for Reuters DataScope, Reuters “has made a priority of, and is…
Telekurs Financial Launches Pricing Service for French Market
Telekurs (France) SAS has launched a new pricing service, French Fiscal Prices – in French, Impôt de Solidarité sur le Fortune (ISF) – aimed at helping banks produce an accurate valuation of their customers’ holdings prior to declaration to the tax authorities. The ISF pricing service consists of a file of data for more than…
TAP Solutions Releases TAPMaster On Demand
TAP Solutions has released the TAPMaster On Demand web service, an add-on module to its core data management platform that provides a link between its standardized data and a client’s proprietary or non-standard systems and software without the need for development staff. Queries go through the web service and provide ‘read only’ data so administrators…
Aegon Asset Management Taps Citadel Cadis for Data Platform
Aegon Asset Management UK Ltd. has implemented Citadel Associates’ Cadis Data Management Platform (DMP). The Scotland-based investment management firm will use DMP in support of its outsourced securities administration and fund accounting functions, which are handled by Citigroup’s Global Transaction Services group, as well as for its own core business activities. Cadis now supplies Aegon…
Brewin Dolphin Deploys Telekurs’ Valordata, Mondas’ Radica Caps for Corporate Actions
Brewin Dolphin Securities, a U.K.-based private client portfolio manager and stockbroker, went live last month with an integrated STP solution using Telekurs Financial’s corporate actions data delivered via the ISO 15022-based Valordata feed delivered to Mondas’ Radica Caps corporate actions processing software. With this web-based solution, Brewin Dolphin can select securities on a daily basis…