A-Team Insight Blogs The latest content from across the platform
Kirby to Leave SmartStream Technologies at Month-End
Anthony Kirby will be leaving SmartStream Technologies at the end of this month to pursue other opportunities. Kirby joined a year ago as director of market management at SmartStream, reporting to chief executive officer Martin Brown. Prior to that Kirby worked at Deutsche Borse, Reuters, Swift, the former GSTPA, and Merrill Lynch. Kirby is also…
Automatic instrument opening from Avaloq for Bank Sarasin & Co.
The data management platform of AIM Software, the GAIN DataDesktop, was the key for Swiss private bankers Bank Sarasin & Co. to enable the automation of opening instruments directly in their Avaloq banking application, writes AIM Software.Bank Sarasin & Co., a Basel-based private bank with a strong international focus, has been using the data management…
Morgan Stanley Enters 2nd Phase Of TAP-Based SMS Project
Morgan Stanley & Co. has moved onto the second phase of its plan to install an enterprise-wide securities master service, following the completion of the first part of the project within its retail brokerage operation. The installation – dubbed Securities Master Service (SMS) – makes use of Vancouver-based TAP Solutions’ TAPmaster reference data management platform….
Wachovia Picks Asset Control’s AC Plus for Risk Management
Wachovia Corp. is implementing a data management solution from Asset Control to handle price data for its risk management operations within its corporate investment banking arm. It is envisaged that the data management platform could be extended over time to other groups within Wachovia, including credit products and equity derivatives. Barry Fenwick, divisional information officer…
FT Interactive Data Reports Growth of Fair Value Information Service
FT Interactive Data, subsidiary of Interactive Data Corp., reports that it now has 108 mutual fund and mutual fund processing clients subscribing to its Fair Value Information Service, compared with 34 firms subscribing this time last year. The Fiar Value Information Service provides a tool to assist U.S. mutual fund companies in meeting their legal…
Swift Proposes Standard Protocol for EU Clearing & Settlement
Swift has published a consultation paper outlining proposals for a standardised communication protocol for European clearing and settlement. This is in response to the Giovannini Group report to improve efficiency of EU cross border clearing and settlement. Specifically Swift is aiming to define a solution for Barrier 1 of the 15 identified barriers to efficient…
Baseline Capital Expands Mortgage Data for Basel II Credit Risk
Baseline Capital has expanded its data pool of mortgage data, which it is using to build models required for an Advanced-IRB approach to Basel II credit risk. The additional data comes from eight U.K. mortgage lenders that have agreed to contribute their data.
Norex Exchanges Adopt GICS Classification Standard
The Nordic and Baltic stock exchanges strategic alliance, known as Norex, is this month adopting the Global Industry Classification Standard (GICS) as its official security classification standard. GICS was jointly developed by Standard & Poor’s and MSCI in 1999 in response to what they saw as a need for a more accurate, complete and standard…
SmartStream Technologies Signs Up Two Clients for Corona 7.0
SmartStream Technologies has signed up two clients for its new Corona 7.0 reconciliation and exceptions management product. Vseobecna uverova banka (VUB) of the Slovak Republic is implementing the solution to be hosted on VUB’s mainframe in its head office in Bratislava. Citibank Belgium has also recently upgraded to the new product version.
Cicada Launches Next Generation Composer with Workflow Module
Cicada has launched a next generation version of its reference data management solution, adding workflow management to the data management architecture. The new Composer Workplace module aims to provide business analysts with a greater degree of quality control and efficiency through either ‘out of the box’ or customized workflows to facilitate data review processes and…