Data Management Insight Data The latest content from across the platform
EuroCCP Launches Clearing and Settlement for Depositary Receipts
European Central Counterparty Limited (EuroCCP) today announced that on 16 October it will begin clearing and settling 120 of the most heavily traded listed depositary receipts. With its new central counterparty service offering, EuroCCP extends to depositary receipts transactions the efficiency, cost saving and counterparty risk protection benefits it already provides to clients’ equities transactions….
Aim Software Adds Subsidiary in Switzerland, Broder to Head
Following the opening of its Luxembourg office last month, reference data solution vendor Aim Software has added another European location to its geographic footprint: Switzerland. The vendor has experienced some success within the Swiss market already this year with the rollout of its Gain data management solution at Switzerland-based private bank Banca Euromobilare (Suisse) in…
SIX Telekurs Adds Another Office to the North American Network in Toronto
As part of its push in the North American market and following the opening of a new office in San Francisco earlier this year, SIX Telekurs has added a Canadian office to its geographic footprint. The data vendor indicates that the office will be based in Toronto and will service its current customer base in…
StatPro Enriches Complex Asset Pricing Service for Investment Managers
StatPro Group, a provider of portfolio analytics and data solutions for the global asset management industry, today announces two enhancements to its system for pricing complex financial assets. T+0 pricing for credit default swaps and 142 new bond-pricing functions have been added to the software as a service. Complex Asset Pricing (CAP) produces model prices…
B-next Extends Data Reach with Interactive Data Agreement, Extends Ambitions to UK
Compliance and regulatory reporting platform vendor b-next has recently signed an agreement with Interactive Data under which the data vendor will provide global pricing and reference data to feed b-next’s MACOC software solutions. The deal is part of the German vendor’s ambitions to crack the UK market and should help it in the effort to…
Pricing Partners Implements Simplex Algorithm and Significantly Enhances its Calibration Power
Pricing Partners announced today that Simplex, a new optimisation technique, has been implemented in the Price-it Library to enhance its calibration power. This algorithm allows time dependent Heston Model parameters, accelerates calibration procedure and improves calibration accuracy. With this upgraded numerical method, Pricing Partners enriches Price-it Library and undoubtedly enhances its strong authority on cutting…
Sophis Poaches Evans from Thomson Reuters for Sales Role in Middle East
Pricing and risk management vendor Sophis has poached Ian Evans from Thomson Reuters’ Enterprise division to head its new sales team in the Middle East. The competition in the risk management vendor community has been hotting up over the last couple of months, as regulators and investors scrutinise firms’ risk management practices more closely and…
Fincad Partners with Cerebra to Help Buy Side Clients Integrate Derivatives Analytics with Front Office Systems
Fincad, a provider of derivatives analytics, and Cerebra, a London-based front office technology consultancy, today announced that Cerebra has joined the Fincad Alliance Programme. The new partnership enables Cerebra to leverage its expertise with Fincad’s analytics library in implementation projects with large buy side clients to meet their derivatives valuations needs. Cerebra’s experienced consultants operate…
Fidelity ActionsXchange Looking Beyond Corporate Actions Cleansing, Say Pollard and Culhane
Just over a year after her appointment to the helm of Fidelity ActionsXchange, Laura Pollard indicates that the traditionally corporate actions focused vendor is set to expand its reference data reach under her leadership. The vendor is considering expanding its data cleansing solutions to areas such as entity data and moving further down the corporate…
Icap and Fincad Add More Front End Functions to Derivatives Valuations Solution
Following the launch of their combined effort in the derivatives valuations space in July, interdealer broker Icap and financial analytics vendor Fincad have added new functionality to their Fair Value Insight solution. The web-based derivatives valuation solution, which is built on Fincad’s analytics and Icap’s market data, now features the ability for users to directly…