A-Team Insight Blogs The latest content from across the platform
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…
SunGard Hires Aloni to Head Data Management Technology
SunGard Data Management Solutions has named Ariel Aloni to lead design and direction of its technology strategy. Aloni was previously chief architect at Electronic Broking Services (EBS), an electronic interdealer broker in the foreign exchange marketplace. Before joining EBS, Aloni was director of data messaging at Merrill Lynch.
Rivero Departs from London Stock Exchange
Roberto Rivero has left the London Stock Exchange where he was responsible for new initiatives, most noteworthy of which was the exchange’s acquisition of Proquote, the exchange’s stockbrokerage information systems unit. Rivero was previously at Royalblue and before that Primark.
Reuters Taps Bradshaw to Lead Integrated Enterprise Data
Kevin Bradshaw, head of enterprise data at Reuters, is expanding his responsibilities to include real-time data. The move is designed to leverage Reuters’ strong position in front-office data, as the market moves toward an ‘on-demand’ environment, with reference data consumers taking information when they need it rather than waiting for a fixed update time. A…
Update: FTI & Integra’s GoldenSource Dashboard
Six months on from entering their collaborative deal Financial Technologies Inc. (FTI) and Integra SP are closing deals with two large customers for the GoldenSource Dashboard, and are reporting traction among mainly Tier 1 firms and some mid-tier firms. Meanwhile, FTI is considering rebranding the company to GoldenSource, following its rebranding x months ago of…