Data Management Insight Data The latest content from across the platform
GoldenSource’s Stock and Meriton Discuss Potential to be a Direct Technology Provider to the Office of Financial Research
Given that the Office of Financial Research has been a hotly debated topic within the industry of late (even if the regulatory community has been rather quiet on the subject), it is no surprise that vendors are keen to offer their services to those charged with establishing such a data utility. One such vendor is…
BNL Vita Selects SunGard’s FastVal for Independent Valuation of Complex Derivatives
BNL Vita, an Italian banking insurance company that specialises in the life sector, has selected SunGard’s FastVal, an independent valuation service for vanilla and complex over-the-counter (OTC) derivatives, to independently value its client’s portfolios. FastVal 3.0, which is delivered on an ASP basis, will help BNL Vita increase its operational efficiency when valuing complex OTC…
Volante Extends Messaging Support in FX Data and Settlements
Volante Technologies today announced its expansion in the foreign exchange messaging world with the availability of high-speed integration technology for price data from the Currenex ESP, as well as an integration model for the CLS settlement environment. Originally developed to integrate Currenex Executable Streaming Price (ESP) data into the low-latency data management architecture of a…
GlobeOp NAV Transparency Report Offers Independent Governance Data to Hedge Fund Investors
GlobeOp Financial Services, has launched the GlobeOp NAV Transparency Report to help fund managers provide investors with greater visibility into the monthly calculation of a portfolio’s net asset value (NAV). “Fund managers recognise that good governance attracts further investment,” said Tony Glickman, global head of Risk Services at GlobeOp. “Pension funds and other institutional investors,…
FINCAD Responds to Customer Needs for Greater Risk Management and Transparency
With the recent US Senate approved bill that means sweeping overhaul of financial regulation and calls for more transparency and prudent risk management, FINCAD, the industry standard for financial analytics, announced the launch of F3 Excel Edition. In a recent FINCAD survey, financial professionals revealed a greater need for detailed risk management models and better…
PolarLake Announces Partnership with OnixS to Extend Market Data and Front Office Capabilities
PolarLake today announced that it has agreed a partnership with OnixS allowing PolarLake to support a range of OnixS Direct Market Access Market Data and Trading Handlers. The OnixS solutions provide high performance calibrated and certified access to a wide range of exchanges, ECNs and brokers based on FIX standards and proprietary API’s. John Randles…
Markit Adds Commodities to Portfolio Valuations Service
Markit, a global financial information services company, today announced it has extended the range of instruments covered by its Portfolio Valuations service to include commodities. The addition of commodities is a major milestone in Markit’s ongoing programme to develop a comprehensive, independent valuations service. Markit now provides valuations for commodity derivatives such as forwards, swaps…
Exchange Data International Opens New York Office Reflecting Business Expansion and Appoints Hyland
Exchange Data International Limited (EDI), a specialist provider of global reference and corporate actions data, has opened a new office in New York to service its existing and growing North American clients. EDI at the same time has appointed Michael Hyland, an industry veteran, to advise on strategic matters especially with regard to fixed income…
CMA Finally Fills CEO Role with Appointment of Ex-Icap MD Kohler
Following the announcement of the departure of outgoing CEO Laurent Paulhac in September last year, credit derivatives data provider Credit Market Analysis (CMA) has spent the last nine months looking for a suitable replacement. This week, the vendor announced it has finally found such an individual in the form of ex-Icap managing director Antoine Kohler….
XBRL Tagging of Corporate Actions Could Save the Industry US$400m per Year, According to DTCC, Swift and XBRL US Case Study
As promised by David Hands, director of asset services product management at DTCC Solutions, back in April, the group working on the XBRL and ISO mapping initiative has finally published its case study to illustrate why firms should adopt XBRL tagging for corporate actions. And that reason comes in the form of an estimated saving…