Data Management Insight Data The latest content from across the platform
NumeriX Promotes Nakamura to MD of Japanese Operations
NumeriX, a provider of analytic solutions for structuring, pricing and risk analysis of derivatives and structured products, has promoted Yukiko Nakamura to managing director of its Tokyo office. Nakamura, who was previously vice president of business development for Asia Pacific, will now oversee the company’s operations in Japan and Korea. Nakamura has more than 12…
Euroclear Launches Pricing Benchmark for European Commercial Paper
Euroclear has launched the first benchmark to help European investors evaluate prices in the region’s commercial paper markers. The securities settlement provider has indicated that the service is based on Euroclear data and provides daily and weekly data on average yields for euro commercial paper. Olivier Grimonpont, director and head of product management for fixed…
eSecLending Picks Asset Control’s AC Plus to Support Securities Lending Automation
Full service securities lending agent eSecLending has selected Asset Control’s AC Plus financial and reference data management software with a view to supporting its efforts to increase automation in its securities lending programmes. According to the vendor, the solution was chosen following a rigorous search and selection process. AC Plus will therefore support the development…
Most Institutions Dissatisfied with Valuations Providers, Says PRMIA and OTC Val
Most institutions are dissatisfied with the valuations services being provided to them, according to a recent survey by the Professional Risk Managers’ International Association (PRMIA) and OTC Valuations (OTC Val). The survey, entitled “Transparency and Independence of Derivative Valuations – Current Practices, Trends, Challenges, and Recommendations”, looks at the valuations practices within 483 firms in…
Interactive Data Launches Fair Value Information Service for Equity Derivatives
Interactive Data Corporation’s Pricing and Reference Data business has launched a Fair Value Information Service that covers international equity index futures, international exchange listed and OTC equity options. According to the vendor, this service is aimed at helping institutions to meet their fair value requirements for portfolios that contain these financial instruments. Shant Harootunian, managing…
Julius Finance Calls for Standardised House Price Appreciation Scenarios for CDO Valuations
Standardised house price appreciation scenarios should be used in the valuation of complex financial products such as mortgage backed CDOs, according to Julius Finance, CDO valuation technology provider. Peter Cotton, CEO of Julius Finance, explains that a “rigorous approach” is needed to accurately price these products. Julius Finance provides standardised scenarios for corporate defaults using…
European Fund Administration Upgrades to Aim Software’s Golden Copy
Luxembourg-based European Fund Administration (EFA) has decided to upgrade to Aim Software’s flagship Golden Copy solution with a view to optimising the processing of reference data from Telekurs and Bloomberg. EFA implemented the Gain platform in 2004 but it says that factors such as volume increases in data have forced it to upgrade to a…
Tullett Prebon Information Signs Agreement with Koscom to Reach Korean Market
Tullett Prebon Information (TPI), the data subsidiary of Tullett Prebon, has signed a multi year agreement with Koscom Corporation, a Korean provider of specialised IT financial services, under which TPI will supply Koscom with a range of money market and interest rate data. Koscom, which is the software supplier and distribution channel for the Korean…
Goldman Sachs Selects Derivix for Real-time Options Pricing and Analytics
Goldman Sachs has selected Derivix as the exclusive provider for advanced real-time options pricing and analytics within its Goldman Sachs Electronic Trading (GSET) Signature Programme. According to the vendor, the selection was driven by client demand for fast, accurate and efficient analytics. As a signature partner in the programme, Derivix’s options pricing, analytics and risk…
Interactive Data Steps into Valuations Arena with Prism Valuation Agreement
Interactive Data Corporation’s Pricing and Reference Data business has signed an exclusive agreement with Prism Valuation, under which Interactive Data will be able to provide valuations of complex OTC derivatives and structured products as part of its pricing and evaluation services. The agreement will enable the vendor to further expand and enhance the breadth and…