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Vendor Profile: Advent Software

Established in 1983, Advent Software is one of the old guard of investment management solution providers, but it has kept pace with the market and is expected to develop further following its acquisition by SS&C Technologies, which completed in July 2015. Together, the companies are creating a strategic plan for growth including extended cloud-based services,…

Opinion: ECB AnaCredit Project Will Subject Reference Data to a New Level of Scrutiny

By David Attenborough, Business Development Manager EMEA, AxiomSL The European Central Bank (ECB) is increasing its focus on credit risk. As part of the Analytical Credit Dataset (AnaCredit) project, it plans to create a centralised register of granular data about the credit granted by financial institutions in Europe to the non-financial sector. The regulator is…

Silverfinch Sets Up Wiki to Support Information Sharing on Solvency II Data Model

Silverfinch, a fund data utility designed to support asset managers and insurance firms in meeting the look-through requirements of Solvency II, has set up a Wiki page dedicated to helping industry participants resolve issues around the regulation before it takes effect in January 2016. The company has loaded the Solvency II tripartite data exchange template,…

Dutch Pension Fund Service Provider PGGM Centralises Data with SimCorp Data Warehouse

PGGM Vermogensbeheer, the second largest pension fund service provider in the Netherlands managing close to €200 billion worth of pension assets and operating as a cooperative with 686,000 members, has selected Simcorp’s data warehouse to centralise data for reporting and analytics. The co-operative first worked with SimCorp in 2006, when it implemented SimCorp Dimension for…

Thomson Reuters Adds Continuous Evaluated Pricing Updates

Thomson Reuters continues to build out its pricing service with the provision of intraday evaluated pricing for government and corporate bonds, and the promise of similar evaluated pricing availability for all fixed income instruments either this year or next. The company says the addition of continuous pricing updates throughout the day from Monday to Friday…

A-Team Webinar Discusses the Challenges and Opportunities of Risk Data Management

Risk data management has become a focus for many financial institutions, not only as a means to comply with incoming regulations, but also as the basis of business benefits ranging from reacting quickly to deteriorating situations to optimising capital requirements and cutting operational costs. A recent A-Team Group webinar discussed the growing importance of risk…

Joining up your regulatory response: BCBS 239 attestation and the new Senior Manager Regime (SMR)

By Dennis Slattery, CEO, EDMworks The Financial Conduct Authority (FCA) is pushing forward with a strategy requiring senior managers to sign written statements or “attestations” in which they personally confirm their firm’s compliance with particular regulatory requirements. But it’s not just the FCA as global regulators are pursuing similar agendas. BCBS 239 being a case…

Solving the Operational Risk Management Puzzle

Operational risk management has emerged as a major challenge as a slew of regulations affecting financial institutions across the board – from universal banks to insurance companies and their asset servicers – aims to boost transparency in order to mitigate systemic risk. The emerging regulations are emphasizing data governance and requiring firms to ‘show their…

MoneyMate Rebrands Fund ProductMaster Platform as Accudelta and Extends Capabilities

MoneyMate Group has rebranded its Fund ProductMaster managed data service to Accudelta, creating a separate business line for the service that will sit alongside the group’s utility for secure data sharing, Silverfinch, and its market data vendor, Longboat Analytics. The rebrand coincides with improvements to the data distribution platform, including the addition of support for…

Recorded Webinar: Risk Data Analytics

How is data being managed and fed into analytics to improve risk management today? In this webinar we explore: During this session we will discover how; Incoming regulations, from BCBS 239 to the Fundamental Review of the Trading Book and Solvency II, are putting new emphasis on the importance of accurate, timely and consistent risk…