A-Team Insight Regulatory Reporting The latest content from across the platform
Philadelphia Fed’s Nakamura Proposes Instrument Database, But What About the Office of Financial Research?
Proof yet again that the US regulatory community might not be aware of the implications of the Office of Financial Research reform proposals comes in the form of recent comments made by Philadelphia Federal Reserve Bank economist Leonard Nakamura. Nakamura made proposals last week that an all encompassing instrument database be established to help regulators…
The Clifton Group Selects F3 SDK
Fincad, a global provider of financial analytics, and The Clifton Group, a SEC registered investment advisory firm, announced today that Clifton has selected the F3 SDK analytics platform to expand their existing enterprise-wide derivatives pricing and valuation system. “Staying competitive in the investment advisory business means being able to react to valuation and pricing needs…
Confluence’s Botula and Powell Elaborate on Data Implications of Money Market Fund Reforms
Data management solution vendor Confluence is busy readying itself to be able to provide its US-based customers with a solution that will allow them to meet the requirements of the US Securities and Exchange Commission’s (SEC) incoming Money Market Fund Reform Rule. Kirk Botula, executive vice president and chief operating officer, and Scott Powell, product…
Schapiro Confirms SEC is Still on Course to Meet 2011 Deadline for Decision on IFRS
Earlier this year, Securities and Exchange Commission (SEC) chairman Mary Schapiro indicated that the regulator would be kicking off research efforts into how best to move the US towards adopting International Financial Reporting Standards (IFRS). This week, Schapiro has confirmed that despite the revised standards development timetable announced by the Financial Accounting Standards Board (FASB)…
DTCC Posts Data Industry Will Use to Increase Clearing of Credit Derivatives
The Depository Trust & Clearing Corporation (DTCC) announced today that it will post this evening on its website, www.dtcc.com, data compiled from CDS trades registered in DTCC’s Warehouse Trust Company LLC at the request of market participants who will use it to assess which of the various single reference entities might have sufficient liquidity to…
DTCC’s Childs and Thieke Discuss GCA VS Upgrade Milestones for 2010
Along with the barrage of other corporate actions vendor updates this week, the Depository Trust & Clearing Corporation (DTCC) announced that it has added data on scheduled payments on around 2.4 million bonds held by the Fed to its Global Corporate Action Validation Service (GCA VS). The corporate actions data cleansing vendor is also currently…
IIF Calls for Set up of International Task Force to Tackle Cross-Border Resolution; Legal Entity Experts Needed
The Institute of International Finance (IIF), which includes members from the world’s largest financial institutions and is headed by chief exec of Deutsche Bank Josef Ackerman, has called for the establishment of a G20 led task force to tackle the issues involved in establishing internationally agreed cross border resolution agreements. The crack team will need…
DTCC Significantly Increases Securities Covered by Global Corporate Action Validation Service
The Depository Trust & Clearing Corporation (DTCC) announced today that it has significantly increased the number of securities in its coverage of corporate actions announced through its Global Corporate Action Validation Service (GCA VS). The GCA VS, a service of DTCC Solutions LLC, provides the largest centralised source of “scrubbed” corporate action announcement information for…
DTCC Continues Expansion of Public Data on OTC Credit Derivatives
The Depository Trust & Clearing Corporation (DTCC) expanded its public release of data in the Trade Information Warehouse’s global repository to include a breakout of outstanding credit default swap (CDS) contract values in their currencies of denomination. This added information is expected to help provide greater transparency into the risk exposure of a particular currency…
From the Trenches
The benefit of operating on the ground is, of course, that you get to figure what’s really going on. None of this learning vicariously through various media, like this one. The real deal. And so it wasn’t long after touching down in New York – well Newark, actually, after an 18-hour haul courtesy of Continental…