Data Management Insight Data The latest content from across the platform
GFI Group and Thomson Reuters Extend Agreement to Cover Reuters Datascope Real-Time
GFI Group and Thomson Reuters have extended their existing data agreement, which has been in place since 2003, to incorporate Reuters Datascope Real-Time (RDRT). This means that Thomson Reuters customers may now subscribe to GFI market data via RDRT for use in algorithmic trading, risk management, portfolio pricing and valuations. The agreement covers GFI credit…
NumeriX and R2 Financial Technologies Partner for Cash and Synthetic Credit Instrument Valuations
NumeriX, a provider of analytics for the derivative and structured products markets, and R2 Financial Technologies, a provider of solutions for pricing and risk profiling structured credit strategies, have teamed up to develop a solution aimed at enabling the pricing and valuation of cash and synthetic credit instruments. According to both vendors, the NxR2 solution…
BNY Mellon Picks GFI Fenics FX for Pricing Services in NYC, London and Tokyo
Bank of New York Mellon has signed a three-year license for GFI Fenics FX, pricing and risk management software from GFI Group, for use in its offices in New York, London and Tokyo. The banking and asset management firm says it will primarily use GFI Fenics FX for central pricing and risk management and global…
Broadridge Financial Solutions Offers Proxy Statement Data in XBRL Format
Broadridge Financial Solutions has introduced an open source format for interactive proxy statements to XBRL US. Following the announcement earlier in the year by the Securities and Exchange Commission (SEC) that financial reporting statements should be made available in XBRL, the vendor has accordingly adapted its architecture in order to meet the requirements. The proxy…
Knight Capital Enters CDS Clearing Counterparty Race
Knight Capital Group is the latest contender in the credit default swap (CDS) clearing counterparty race, joining players such as CME Group and Eurex. The brokerage and asset management firm says its NetDelta electronic settlement platform has been in development for over a year. The platform is available to both the buy side and the…
Interactive Data Says Q3 2008 Revenues to Increase by 7.7% on Last Year, But Net Income Down by 7.1%
Interactive Data Corporation says that it expects its third quarter revenues to be approximately US$188.6 million, which would represent a 7.7% increase over third-quarter 2007 revenue of US$175.0 million. However, according to its preliminary financial results for the third quarter ended 30 September 2008, net income will be down 7.1% on last year’s results to…
Standards: Speaking the Same Language Worldwide By Frank Träxler, international sales manager, WM Datenservice
Due to the increasing complexity of its fields of activity and the relevant regulatory framework, the financial industry is faced with ever greater challenges in managing its systems, processes, data and information. The international environment, subject to diverse regulations (for example, EU Prospectus Directive, EU Savings Tax Directive, EU Transparency Directive, and MiFID), is fraught…
DTCC’s Donahue Joins XBRL US Board of Directors
Following the agreement between XBRL and the Depository Trust & Clearing Corporation (DTCC) earlier in the year to cooperate on corporate actions standards, Donald Donahue, chairman and CEO of DTCC, has joined XBRL US’s board of directors. XBRL US, the non-profit consortium for XML business reporting standards in the North American marketplace, says that DTCC…
Quantifi Releases Version 9.1 with New Models for Pricing CDOs
Quantifi, a provider of analytics and risk management solutions to the global credit markets, has released version 9.1 of its software, which it says is aimed at allowing customers to more closely track the market. The updated version includes new models for pricing collateralised debt obligations (CDOs) and a flexible interface that enables users to…
US-based Bank Picks SmartStream TLM Corporate Actions
An unspecified US-based banking institution has selected SmartStream Technologies’ Transaction Lifecycle Management (TLM) Corporate Actions solution to create a global utility for corporate actions processing. According to the vendor, the bank is already an existing SmartStream TLM customer and will use TLM Corporate Actions for its global wealth management and institutional business units. At the…