Data Management Insight Data The latest content from across the platform
XSP Welcomes Ex-ISITC Co-chair Martinez Back into the Fold
Following a brief stint outside the financial services industry, Laura Martinez has rejoined XSP as a senior product manager for its flagship solution, the XSP platform. Martinez, who held a co-chair position on the ISITC Corporate Actions Working Group during her tenure at XSP, will report to Jennifer Bush, senior director of product innovation and…
Interactive Data Adds New Market Data Report to Assist FAS 157 Compliance
Interactive Data’s Pricing and Reference Data business has broadened its Evaluated Services capabilities for clients with the launch of a new monthly market data report. The new offering is aimed at helping clients prepare for fair value measurements under the Financial Accounting Standards Board’s (FASB) Staff Position (FSP) FAS 157-4. FSP FAS 157-4 provides additional…
Transparency and Independence are Key to Providing Valuations, Says Citi’s Boyd
Roger Boyd, global head of Citi’s Complex Pricing Group (CPG), speaks to Reference Data Review about recent events in the market and how his firm has dealt with the complex area of valuations and counterparty pricing. Much like the rest of the financial services community, the last couple of years have been tough for Citi….
Transparency and Wider Compliance Requirements are Important in Valuations Risk Management, Says Thomson Reuters’ Clements
Firms need to look beyond merely marking to market and examine the wider implications of valuation risk on their business, according to a recent report by Thomson Reuters and Aite Group. Transparency is key to this endeavour and this relates to underlying security data and embedded credit and systemic risk, as well as pricing, explains…
Pricing Partners Adds New Models for Commodities Valuations
Valuations vendor Pricing Partners has upgraded its existing commodity module with the release of the new Gabillon and Gibson Schwartz model. The vendor claims it now able to better calibrate and price a wide range of commodity related derivatives, in spite of market volatility. The Gabillon model and the Gibson Schwartz model are market standard…
Fiserv Appoints Berrada as New Biz Dev Director for Asia Pacific
Fiserv has appointed Tim Berrada as the business development director of Investment Services for the Asia Pacific region. Based out of the Fiserv Singapore office, Berrada has been hired to support strategic expansion in the region and drive business growth. In this position, Berrada will focus on promoting the Investment Services suite of solutions, including…
Quantifi Adds Intel Multi-Core Capabilities to its Pricing and Risk Management Offering
Quantifi, a provider of pricing and risk management solutions, has optimised its software suite for Intel multi-core technology. According to the vendor, this new development enables faster calculations and increased scalability without additional cost by leveraging the power of modern multi-core CPUs. “We recognise that in today’s environment, clients need robust analytics that can work…
Goldman’s Blankfein Praises Mark to Market Accounting as Early Warning Signal
Despite the market’s apparent aversion to mark to market accounting, Lloyd Blankfein, CEO of Goldman Sachs, this week spoke about the benefits of the rules, which he said could have provided an “early warning” of the financial crisis. Speaking at the annual International Organisation of Securities Commissions (IOSCO) conference in Tel Aviv, Blankfein said the…
Bloor Research Examines Vendor Coverage of Data Profiling, Cleansing and Quality
Following its publication of a report on the data discovery vendor community, consultancy firm Bloor Research has produced three more reports on other areas of the data management spectrum: data profiling, data cleansing and data quality. The smaller vendors in the reports seem to appear in the most favourable light due to their targeted coverage…
Numerix Launches New Version of Cross Asset Analytics Libraries and Excel Add-ins
Numerix has launched a new version of its cross asset analytics libraries and Excel add-ins, which includes a new commodities module. Numerix 7.5’s new commodities module allows for the pricing, valuation and risk analysis of commodity futures, swaps, and options, both single-name and basket trades, says the valuations solution vendor. Steven O’Hanlon, president and COO…