Data Management Insight Data The latest content from across the platform
Reval Continues European Expansion
Reval, a vendor in derivative risk management and hedge accounting solutions and services, today announced further expansion into Central Europe, opening a German office and appointing Walter Schipper as country manager. With an already established presence, Reval considers Germany a high growth market and a very strategic part of its European strategy of increased investment…
StatPro Wins Or Extends 11 Contracts For Data And Analytics Services
StatPro Group, the AIM listed provider of portfolio analytics and data solutions for the global asset management industry, announces its has signed new or extended multi-year contracts for a variety of data and analytics services with 11 asset management firms in North America, Europe and South Africa. The contracts were signed with Nomura Asset Management,…
XSP Achieves Microsoft Gold Certified Partner Status in Microsoft Partner Network
XSP, a provider of corporate actions software, today announced it has attained Gold Certified Partner status for 2009/2010 in the Microsoft Partner Network with competencies in ISV/Software Solutions and Security Solutions, recognising XSP’s expertise and impact in the technology marketplace. As a Gold Certified Partner, XSP demonstrates expertise with Microsoft technologies and a proven ability…
S&P’s ABSXchange Platform Increases Instrument Coverage and Customer Base
As Fitch ups its game in the asset backed securities (ABS) market, so too is Standard & Poor’s with the upgrade of its structured finance platform, ABSXchange. The platform, which it bought in August 2007, has been undergoing a series of upgrades this year, the latest of which includes access to a complete cash flow…
Fitch Solutions Launches New CDS of ABS Market Indices for US Subprime Assets
Following the integration of its website with Fitch Ratings last month, Fitch Solutions has added yet more functionality to its valuations portfolio with the addition of credit default swaps (CDS) of asset backed securities (ABS) broad market indices for US subprime assets. The ratings provider is understandably placing more emphasis on its system solution business,…
Prime Source Extends Agreement with CDO2
Prime Source (NYSE Euronext) Limited, a wholly-owned subsidiary of the NYSE Euronext group specialising in providing independent valuations including derivatives and hard to value securities for banks and investment funds, and CDO2 Solutions Limited (CDO2), a market-leading system provider for pricing and risk analysis for structured credit derivatives, announced today the deployment of an enhanced…
IASB’s Fair Value and Credit Risk Discussion Paper Causes Chain Reaction of Responses
Following the publication of the International Accounting Standards Board’s (IASB) discussion paper on Credit Risk in Liability Measurement in June, the European Financial Reporting Advisory Group (EFRAG) has published a comment letter on the IASB’s proposals. In turn, this has prompted the Committee of European Securities Regulators (CESR) to publish a response to the concerns…
Advantage Asset Managers Scores a World First with DST Global Solutions
DST Global Solutions today announced that Advantage Asset Managers (AAM), one of South Africa’s multi-managers, has become the first company worldwide to implement DST Global Solutions’ new unit pricing workbench software, the latest addition to its HiPortfolio suite of products. David Wakerley, chief technical officer of AAM, said: “We needed an application that would enable…
Political Distractions Getting in the Way of Data Progress for the ECB?
With the ongoing global regulatory overhaul and the planning for the launch of its Target2-Securities (T2S) project well underway, it’s no surprise that the European Central Bank (ECB) has decided to put its reference data utility plans on a backburner for the time being. The central bank will continue to gather feedback about the idea…
Stop Press: Thomson Reuters Acquires Moody’s Muni Bond Pricing, Adding to Enterprise Data Arsenal
Thomson Reuters has acquired Moody’s Investor Services’ municipal bond pricing service. The transaction, in which Thomson Reuters effectively takes over Moody’s distribution agreement with U.S. muni bond data supplier Mergent Inc., rounds out the offerings of Thomson Reuters’ Enterprise data business line. Details of the transaction weren’t available at press time. In response to questions,…