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A Single Standard for Legal Entity Data May be a Long Way Off, Says Thomson Reuters’ Rice
The regulatory community may be keen for the industry to adopt standardised legal entity identifiers, but the adoption of a single suitable standard for these purposes may take some time. In the fourth in our series of talking heads on the challenges surrounding entity data management in the current market, Tim Rice, global head of…
S&P Boosts ABSXchange Analytical Capabilities
A series of enhancements have been made to ABSXchange – S&P’s structured finance analytics platform – as part of an extensive programme to help investors deepen their analysis of structured finance transactions. The latest round of upgrades include automatically calculated data fields where values are not otherwise supplied by deal servicers; a new screening capability…
SIX Telekurs USA Positions For Growth With Senior Hires
SIX Telekurs USA, the American subsidiary of the Swiss-based financial information vendor, today announced that it has appointed Anthony Fiori as manager of data acquisition, Renee Potter as vice president of business strategy and corporate development and Charles Roy as vice president, head of finance. Fiori has more than 20 years’ experience in financial information…
FinCen Proposes New Electronic Format and Data Field Amendments for Unified Currency Transaction Reports in the US
In keeping with its work to move from paper-based to electronic reporting formats, the Financial Crimes Enforcement Network (FinCen) has published a list of proposed new data fields to be added to firms’ currency transaction reports, as required under the US Bank Secrecy Act (BSA). Industry participants have until 28 March to provide feedback on…
Cleansing Entity Data is a Priority for Firms Facing Regulatory and Risk Management Challenges, Says Interactive Data’s Cumberbatch
Bob Cumberbatch, European business lines director at Interactive Data, speaks to A-Team Insight about his views on the developments within the legal entity identification space, including the lessons learned in the wake of the fall of Lehman. In the third of our series of talking heads on the challenges surrounding entity data management in the…
Omgeo’s Bouchea Discusses Legal Entity Identification and Regulatory Impacts on Data Management
In the second of our series of talking heads on the challenges surrounding entity data management in the current market, ahead of the end of month deadline for feedback to the Office of Financial Research on legal entity identification standards, we speak to Omgeo’s director of product management for its data related business solutions Mark…
DTCC and MarkitSERV Collaborate with AcadiaSoft to Automate Collateral Messaging and Reduce Risk in OTC Derivative Markets
The Depository Trust & Clearing Corporation (DTCC), MarkitSERV and AcadiaSoft today announced that they are working to deliver a joint solution for improving communication related to setting and maintaining the collateral required between counterparties to over-the-counter (OTC) derivative transactions. The solution is the first step taken by the three companies to develop a multi-functional collateral…
A Dose of Latency Nourishment
Plenty of food for thought this week for those of us who need to think deeply about latency. No, A-Team isn’t wrestling with how to squeeze out interparty latency, cut the tails of its jitter curves or ensure ROI on new high-speed venue connections (although we know many of you are). No, our current deep…
BT’s Pickles on Legal Entity Data Developments and the OFR’s Intentions
Ahead of the end of month deadline for responses to the Office of Financial Research’s legal entity identification consultation, Reference Data Review is speaking to a number of industry participants about their views on the entity data challenge in the current market. BT Global Services’ head of marketing for financial markets and wholesale banking Chris Pickles…
Data Storage Group Receives Patent For Innovative Data Deduplication Technology
Data Storage Group, an industry leader in data backup and disaster recovery software, announced today that the United States Patent and Trademark Office has awarded the company US Patent 7,860,843 for the firm’s core data deduplication technology. DataStor’s unique and innovative software-based approach, known as Adaptive Content Factoring?, is a technological breakthrough offering significant advancements…