A-Team Insight Blogs The latest content from across the platform
Watch out for MiFID, the industry’s greatest challenge since Y2K By Gary Wright, managing director, CityCompass Research
In case you are not aware, the EU’s Markets in Financial Instruments Directive, or MiFID, has been under discussion and review for a number of years. It is not an understatement to say that MiFID will entail fundamental change to all securities markets within the European Union. The changes in both business practice and the…
Standard & Poor’s Signs Reciprocal Accord With CIBC World Markets for Bond Data
McGraw-Hill’s Standard & Poor’s Corp. has tapped CIBC World Markets as the source for bond evaluations in Canada. As part of the reciprocal arrangement, CIBC will add Standard & Poor’s bond evaluations to its own PriceBase market data platform. Standard & Poor’s says the move is in response to growing demand for comprehensive cross-border bond…
Reuters Taps Barnes for Enterprise Information Marketing Role
Reuters has named Ken Barnes marketing director, Americas, for enterprise information products. Based in New York, Barnes will manage campaigns for the DataScope and real-time data feed products. Barnes previously led research and development initiatives with Reuters’ Innovation Program, and managed the Reuters strategic technology alliances. Before that, he managed data feed marketing for Bridge…
MiFID: Will Firms be Ready by April 30, 2007? By Dr. Anthony W. Kirby, Founder, RDUG
The European Union’s pending MiFID initiative, or the Markets in Financial Instruments Directive, replaces the Investment Services Directive (ISD), which was originally adopted in 1993. The ISD defined “home” and “host” state regulators, establishing the conditions under which authorized investment firms and banks could provide specified services in other EU member states on the basis…
FT Interactive Data Adds Younge in Business Development for Ireland
FT Interactive Data has appointed Sandra Younge as business development manager for Ireland, based in Dublin. She was previously international business manager at MoneyMate, an Irish investment and fund data provider. FT Interactive maintains more than 100 staff in its Dublin office.
Thomson Financial Names Rowlands CEO
Thomson Financial has selected COO Sharon Rowlands to succeed Dave Shaffer as chief executive. Rowlands, who joined Thomson Financial from FT Information – now FT Interactive Data – retains the role of president. Shaffer, who has been CEO since 2002, moves back to Thomson corporate, continuing to report to Richard J. Harrington, president and chief…
GoldenSource Hires Zill From CheckFree
GoldenSource – formerly known as Financial Technologies Inc (FTI) – has hired Mark Zill as executive vice president, with responsibilities including leadership and development of software operations for product management and development, customer care and international operations. Zill, based in New York. was previously with CheckFree Financial and Compliance Solutions through its acquisition of HelioGraph…
Perry Moves on From BearingPoint
After a brief stint at BearingPoint, Derek Perry has left to pursue other opportunities. Perry joined BearingPoint last year from Capco where he worked on reference data services.
Capco Adds Chelliah, Bennett to Team
Capco has brought onboard two new executives. Gopi Chelliah has been named partner and executive vice president, business process outsourcing and sourcing development, based in London. He will also be a key member of Capco’s Executive Management Committee and the Capco Transformation client services team. Chelliah joins from Deutsche Bank where he was managing director,…
Fortis Restructuring Sees Deschênes Named CIO
As part of Belgium-based Fortis’ restructuring, Alain Deschênes has been appointed chief information officer, responsible for providing vision, strategy, leadership and management to information systems and technology across Fortis’ banking and insurance operations. He will report to Herman Verwilst, deputy CEO and chief operating officer. Joining his team is Jean-Pierre Cardinael as chief technology officer,…