Data Management Insight Data The latest content from across the platform
UK FSA Grants Approval to Xtrakter for the Regulatory Reporting of Derivatives Using AII Codes
The UK Financial Services Authority’s (FSA) February deadline for the introduction of the Alternative Instrument Identifiers (AII) is fast approaching and this week the regulator has granted Trax platform operator Xtrakter approval to regulatory report exchange traded derivatives (ETD) using the new identifiers. Jason Waight, Xtrakter’s recently appointed director of product management, explains to Reference Data…
Stop Press: General Atlantic Buys ‘Significant’ Stake in Bank-Owned Markit
Greenwich, Conn.-based private equity firm General Atlantic has acquired a “significant” minority stake in bank-owned pricing and valuations supplier Markit in return for a “substantial equity investment” in the company. While the size of the stake wasn’t disclosed, it’s significant enough to warrant a board seat for General Atlantic CEO Bill Ford. The General Atlantic…
Pricing Partners and Pyxis Systems Sign Agreement on Price-it Online Distribution in India
Pricing Partners announced today that Pyxis Systems, a provider of technology solutions and services to the global financial derivatives industry, has chosen its revaluation platform Price-it Online to address their requirements in performing independent revaluation of complex OTC derivatives for a rapidly growing Indian market. This agreement is the first of what hopes to be…
Numerix to Provide Pricing Models for Thomson Reuters Risk Management Software Suite
Numerix, a provider of cross-asset analytics for the structuring, valuation and risk analysis of derivatives and structured products, today announced Thomson Reuters will extend Numerix’s vanilla – exotics pricing solutions and risk analytics in Thomson Reuters Kondor+ Suite and TopOffice solutions. Financial service firms using Thomson Reuters Kondor + Suite to build and trade structured…
Aim Bags Second Client Win of 2010 with Switzerland’s Finter Bank
Data management solution vendor Aim Software has bagged its second client win of the year this month with Swiss private bank Finter Bank Zurich, which has opted for an application service provider (ASP) version of the vendor’s Gain data management platform. The solution will be deployed as an ASP service via outsourcing vendor SFB’s services4banks…
Pricing Transparency and Liquidity Risk are Top of Investors’ List of Concerns, Says SEI Survey
Institutional investors investing in the hedge fund market are more concerned about issues around pricing transparency and liquidity risk than ever before, according to a recent survey conducted by investment management solution vendor SEI and consultancy firm Greenwich Associates. These issues have even surpassed concerns over poor performance of these funds, says Phil Masterson, managing…
NewRiver Partners with Miningham & Oellerich
In an ongoing effort to extend the company’s compliance grade mutual fund data to all broker-dealers, NewRiver today announced a new partnership with Miningham & Oellerich (M&O), a provider of front and back office solutions for broker dealers. NewRiver – creators of the leading central repository of mutual fund documents and data for financial services…
Callable and Putable Bonds added to SIX Telekurs’ Fair Value Pricing Service
SIX Telekurs has enhanced its Fair Value Pricing Service by adding a new asset class and hence increasing the number of instruments covered to over 110,000 investment grade fixed income securities. SIX Telekurs is a provider of international financial data. Its Fair Value Pricing Service offers analytically calculated prices for roughly 110,000 investment grade fixed…
UK FSA’s Turner Talks up the Data Challenges of Altering Accounting Standards
There is a degree of tension between those seeking to reflect the “truth” with changes to accounting standards and those wishing to reflect the concerns of prudential regulators, according to UK Financial Services Authority (FSA) chairman Adair Turner. In a speech last week to the Institute of Chartered Accountants in England and Wales (ICAEW), Turner…
IASC Foundation Issues IFRS Taxonomy for XBRL Format
The end of last year saw the publication of the International Accounting Standards Committee (IASC) Foundation’s International Financial Reporting Standards (IFRS) Taxonomy 2010 Architecture Draft, which details the XBRL architecture and design rationale for the taxonomy. The comment period on the draft has ended and the final release date for the taxonomy that will provide…