Data Management Insight Data The latest content from across the platform
RiskVal Launches CDS Conversion Analytics to Valuations Solution
RiskVal has added credit default swap (CDS) conversion analytics to its portfolio valuation solution with a view to helping its customers move to the new credit derivatives standards. The vendor indicates that for a limited time, it will be offering a free service to help these firms convert legacy CDS portfolios to the new standards…
US Government Threatens to Step in for Mark to Market Improvements
Members of the US Congress have indicated that the government will step in to take action if the Financial Accounting Standards Board (FASB) does not take swift action to improve mark to market accounting standards. The industry has been discussing potential improvements to the controversial accounting rules over the last couple of months but there…
Shadow Financial Systems Provides Access to Fincad’s Derivative Pricing Library
STP solution vendor Shadow Financial Systems has joined the Fincad Alliance Programme to enable users of its ShadowSuite application access to Fincad’s derivative pricing library. According to the vendors, this will allow users to independently value derivative positions during their post-trade processing and clearing operations. The ShadowSuite software solution for post-trade processing, reconciliation, clearing, settlement,…
Misys Releases Collateral Management Solution Aimed at Counterparty Risk Reduction
Misys has released a new collateral management solution, dubbed Misys Summit FT Collateral Management, which it claims is aimed at reducing counterparty risk. Against a background of increased market scrutiny of firms’ risk exposures via their counterparties, the vendor says the solution will provide real-time tracking and assessment of collateral levels. The vendor is emphasising…
Ventura Management Associates and On-Course Advisors Launch Client Relationship Management Forum
Ventura Management Associates, a boutique advisory firm focused on reference data and client information data strategy, has partnered with On-Course Advisors to launch a client relationship management (CRM) forum. According to Ed Ventura, president of Ventura Management Associates, the semi-annual CRM Forum will be aimed at bringing together industry participants to discuss best practices relating…
Fitch Solutions Adds Risk and Pricing Benchmarks to Risk and Performance Platform
Against the background of greater regulatory scrutiny of firms’ risk management practices, Fitch Solutions has incorporated new risk and pricing benchmarks into its Fitch Risk and Performance Platform, which was launched in June last year. Jonathan Di Giambattista, senior director at the vendor, indicates the benchmarks, which can be visualised via a new product feature…
Interactive Data Partners with Korea’s Koscom for Pricing and Reference Data
Interactive Data’s Pricing and Reference Data business has signed an agreement with Koscom, under which the Korean IT solution provider will provide the data vendor’s international pricing and reference data to the Korean investment community. The data covered by the agreement includes international end of day pricing and corporate actions data. Koscom was established in…
3i Infotech Adds Data Provision and Modelling Features to Reporting to Clients Solution
3i Infotech has released a new version of its client reporting solution that includes new data provision and modelling features, which the vendor claims is aimed at reducing the burden on data providers and adding value to reporting. Reporting to Clients 2.0 is a response to the requirement for greater transparency in the market, says…
Standard Chartered Picks GoldenSource for Corporate Actions Golden Copy Creation
Standard Chartered Bank has chosen GoldenSource Securities & Products to automate the creation of its golden copy corporate actions notifications. The Asian bank began looking for a corporate actions validation solution in early 2008 and began talking to the vendor about the implementation before year end, explains Gert Raeves, senior vice president of strategic business…
SuperDerivatives Upgrades VolSurface Solution for Mark to Market Rules
Derivatives data specialist SuperDerivatives has upgraded and renamed its derivatives revaluation and risk management offering, VolSurface, to accommodate improvements to market data and risk reference data. The service, which is now called Mark-to-Market Data, has been altered to more adequately meet the requests of its customers following recent feedback, says the vendor. Dani Weigert, Mark-to-Market…