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Pricing Partners and ActiveEon Provide a High Performance Solution for the Valuation of Financial Derivative Products
Pricing Partners, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today that Pricing Partners established a strong technology partnership with ActiveEon www.activeeon.com to provide an ultra rapid solution for the valuation of derivative products. This partnership is based on the mathematic models for valuations…
Corporate Actions 2009 Edition
Rather than detracting attention away from corporate actions automation projects, the financial crisis appears to have accentuated the importance of the vital nature of this data. Financial institutions are more aware than ever before of the impact that inaccurate corporate actions data has on their bottom lines as a result of the increased focus on…
No Responses Received for CESR’s Credit Ratings Agencies Data Repository Proposals
Following the recent approval of the Regulation on Credit Rating Agencies by the European Parliament, the Committee of European Securities Regulators (CESR) published a consultation paper on the subject of a central data repository for ratings agency data on 9 July. The deadline for responses to the proposals was 7 August but the industry failed…
Point Nine Enhances Corporate Action Processing Services through Alliance with FactEntry
Point Nine, a provider of middle and back office trade processing and operations, has announced today that it is integrating its web-based operations platform with corporate action data provider FactEntry. FactEntry provides corporate action data on credit instruments including name change, merger, coupon default, bond covenant details, credit events and recovery rate fixings for credit…
Advent Links Geneva to Thomson Reuters’ DataScope for Pricing and Reference Data
Thomson Reuters has scored another key win for its DataScope Select service with the signing of an agreement with investment management software provider Advent Software to provide its portfolio management and fund accounting solution with pricing and reference data. Under the terms of the agreement, the two vendors will create and interface to link Advent’s…
Is the Upcoming G20 Meeting the Only Hope for Convergence of Global Accounting Standards?
Government officials at the April G20 summit agreed that some degree of harmonisation is needed in order to achieve a globally accepted set of accounting standards. However, this year has instead witnessed further divergence on these standards, as the each jurisdiction has sought to tackle the fallout from the downturn in the markets. The US…
Getting Riled up Over Data
As you know, in the run up to Swift’s Sibos conference next month, Reference Data Review has been endeavouring to find out what readers think of the European Central Bank’s proposed reference data utility. And it’s reassuring to know that rather than existing in a vacuum, data managers are ready and waiting to provide feedback….
DPC DATA MuniGUARD Addresses Bond Dealers’ Mounting MSRB and Finra Compliance Concerns
DPC DATA, a provider of municipal bond disclosure data, research and data services, today announced that its new surveillance service, MuniGUARD, is helping municipal bond dealers address mounting regulatory demands and enforcement pressures related to investor protections. Providing automated notice of the latest material event filings, which can be integrated directly into trading and compliance…
GBST Releases SSI Validation Testing Engine to Reduce Operational Risk
Following its rebrand under the heading of GBST Global Broker Services earlier this month, the vendor previously known as Coexis has released a new validation service for standard settlement instructions (SSIs). Dubbed Syn~SSI, the solution is aimed at reducing settlement failure caused by unpredictable changes in counterparties’ SSIs, says the vendor. “The operational risk of…
The Sibos Vendor Agenda: SEB’s Fors Talks up Corporate Actions and Risk
Next month’s Sibos conference in Hong Kong seems to be generating its fair share of buzz with regards to putting corporate actions back on the agenda. Goran Fors, global head of custody at Nordic bank SEB, reckons the discussions will indicate that the industry still has a long way to go within this particularly manual…