Data Management Insight Data The latest content from across the platform
Dealogic Selects CounterpartyLink to Provide Legal Entity Data for Next 3 Years
Workflow and analytics solution provider Dealogic has selected CounterpartyLink to provide it with legal entity data in order to ensure that the vendor and its clients have access to a single and unique view of each legal entity that is being processed between the parties. The vendor opted to sign the three year agreement with…
Two Unnamed Banks Sign up for UnaVista’s Trading Data and Sedol Masterfile Capabilities
Two unnamed banks have signed up this month for access to the London Stock Exchange’s upgraded web-based matching reconciliation and data integration service, UnaVista. One bank has opted to used the service for suspicious trading activity monitoring, whereas the other is looking to LSE’s Sedol Masterfile for securities reference data checking. The service, which was…
RiskVal Integrates Markit Pricing and Reference Data into Credit-X
Fixed income trading and risk management system vendor RiskVal has integrated Markit’s industry standard pricing and reference data into its Credit-X trading platform. Jordan Hu, CEO of RiskVal, explains that the integration of Markit’s data onto the platform is aimed at simplifying the investment management process for credit instruments. The alliance is aimed at creating…
Financial InterGroup Advisors Calls for Establishment of Central Counterparty for Data Management
The lack of a standardised source for reference data is at the heart of the problems surrounding European clearing and settlement, according to strategic advisory firm Financial InterGroup. The comments come in response to the request by the Committee of European Securities Regulators (CESR) to provide feedback on its consultation paper on recommendations for securities…
An Enterprise Pricing Policy is Needed for the Valuation of Complex Products, Says Numerix and CMA
Financial institutions must develop internal support for complex products with the implementation of an “enterprise pricing policy”, according to a recent report by Numerix and CME Group-owned Credit Market Analysis (CMA). The report discusses the importance of consistent pricing policies for the accurate valuation of complex derivatives and structured products and outlines the implementation process…
Kanji Pitamber Selects GFI Fenics FX for Pricing and Risk Management
Indian financial services group Kanji Pitamber & Co has selected GFI Fenics FX, a pricing and risk management system for foreign exchange options from GFI Group, for use in its Mumbai head office. According to head of currency options at Kanji Pitamber, Unnati Parekh, the firm licensed the system, which covers pricing and analytics, in…
Capita Financial Group Selects Interactive Data for Pricing and Reference Data
Outsourcing service provider Capita Financial Group has selected Interactive Data to become its primary data vendor for pricing and reference data. Karl Midl, programme director at Capita Financial Group, which is a subsidiary of Capita Group, indicates that the data feed has already gone live for data including corporate actions and income data. Midl explains…
SEC and FASB Work Towards Mark to Market Guidelines
Despite the ongoing controversy surrounding the US mark to market accounting rules over recent months, legislators have thus far refused to give up on them. Last week, the chairman of the US Senate Banking Committee, Christopher Dodd, confirmed that the rules would be modified but the underlying standards would remain in place. The rules have…
XSP Promotes Fullam to Senior Director of Business Strategy, Relocates Him to NYC
Corporate actions software vendor XSP has promoted its current principal consultant Paul Fullam to the position of senior director of business strategy and relocated him from its London office to its New York office. In his new role, Fullam will assume responsibility for relationships with key industry associations and organisations such as ISITC and Swift,…
Accuity Completes Acquisition of CB.Net
Accuity has completed the acquisition of payments reference data vendor CB.net as part of its efforts to bolster its customer base and extend its offering. Hugh Jones, president of payment routing data vendor Accuity, explains that CB.Net’s existing relationships with the European Payments Council (EPC) and the Euro Banking Association (EBA) were of particular appeal….