Data Management Insight Data The latest content from across the platform
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…
Interactive Data Promotes Duggan for the Second Time This Year, Adds TALF Offering to Evaluations Portfolio
Following the recent departure of Shant Harootunian, Liz Duggan has received her second promotion in the space of a year, as she steps into Harootunian’s shoes as managing director of Interactive Data’s Evaluations business. The vendor has also recently signed an exclusive agreement with Prism Valuation to offer the vendor’s valuations for loans made available…
RDR Poll This Month: Register Your Vote on the ECB’s Proposals for a Reference Data Utility
We’ve been talking about it over the last few months, but now you can let Reference Data Review (and the European Central Bank (ECB)) know whether you think its proposals for a reference data utility are a good idea or not. The ECB’s proposals have inspired a number of you to write in and many…
Another Delay to UK FSA’s AII Deadline for Derivative Transaction Reporting
The UK Financial Services Authority (FSA) has just announced yet another delay to the go live date for transaction reporting using the Alternative Instrument Identifier (AII). The deadline was delayed from November 2008 to the first quarter of 2009, then another announcement in February this year delayed the deadline by which approved reporting mechanisms (ARMs)…
Valuelink Adds Ex-Paladyne Systems Exec Simmonds as New Head of Sales
Data validation services vendor Valuelink has added ex-Paladyne Systems European regional director, David Simmonds, to its executive team as head of sales. In his new role, Simmonds will be responsible for spearheading the company’s strategic growth by identifying and maximising opportunities to deliver value to new and existing customers, says the vendor. Simmonds was regional…
Sophis Value 4.0 Delivers Next Generation Risk Management and Investment Decision Support to Investment Managers
Sophis, a provider of cross asset, front to back portfolio and risk management solutions, today announced the launch of version 4.0 of Value, its solution for investment management companies. This latest release incorporates significant developments in investment decision support and risk management capabilities as well as a complete upgrade of the core system architecture to…