Data Management Insight Standards The latest content from across the platform
SunGard to Offer Same Day Securities Lending Data
SunGard is now offering same day securities lending data through SunGard’s Astec Analytics Lending Pit solution, helping customers improve price discovery, increase profitability and decrease risk. Broker-dealers and lending agents currently rely on data that is at least one to two days old, making it difficult to monitor the fast moving securities lending market or…
Virginie’s Blog – Guess Which Country in Europe is Furthest Ahead with Corporate Actions Standardisation…?
When I found out this week which European country is furthest ahead with regards to the adoption of the Corporate Actions Joint Working Group’s (CAJWG) standards it certainly surprised me. But when you realise the role and the approach that the central securities depository (CSD) in the country has adopted, it all makes sense… And…
Fitch Launches Analytical Tools for EMEA and Asia-Pacific Corporates
Fitch Ratings has released tools designed to help investors better understand Fitch’s analytical approach, in particular the agency’s approach to computing credit metrics in IFRS jurisdictions, and its bespoke recovery analysis. “These new tools are a continuation of EMEA Corporates’ Clear Thinking programme, which is designed to make Fitch’s ratings more transparent and useful to…
Virginie’s Blog – Swift’s Future Focus?
Swift has a serious decision to make this year about its potential future in the securities reference data space, beyond legal entity identification and standing settlement instructions (SSI) in the FX and money markets that is… Last month, Swift was selected by ISO as the successful candidate to act as the registration authority for its…
CFTC Plans 8 June Roundtable to Discuss Instrument Identification Standards
In keeping with its push to keep data standardisation high on the industry agenda and the establishment of a new regulator subcommittee on the subject earlier this month, the Commodity Futures Trading Commission (CFTC) has indicated that it will be conducting a public roundtable on 8 June to discuss the technical aspects of the introduction…
BVI’s Siebel Elaborates on Why EC’s Current Agreement with S&P on US ISINs Could Hold Back Systemic Risk Monitoring Efforts
If further action is not taken with regards to ensuring the licensing issues around Standard & Poor’s US ISIN practices for European firms are tackled (as well as the pricing issues) then regulators may be held back in their systemic risk monitoring activities, according to Rudolf Siebel, managing director who is responsible for legal and…
Does the European Commission’s Ruling on S&P Regarding ISIN Pricing go Far Enough?
Some corners of the industry are not convinced that the European Commission’s recent ruling on Standard & Poor’s ISIN pricing commitments goes far enough, as evidenced by comments made by a number of industry associations including the European Fund and Asset Management Association (EFAMA) and the UK-based Information Provider User Group (IPUG) last week. It…
Omgeo Launches Hedge Fund Operations Forum
Omgeo, the global standard for post-trade efficiency, announced today that it has launched the Hedge Fund Operations Forum (HOF), an industry peer group for UK-based hedge fund operations professionals. Members of the HOF will meet on a quarterly basis to exchange ideas and knowledge of operational best practice implementation that goes beyond current regulatory requirements….
Stuffed with Standards
Last week witnessed the continuing evolution of a new standard for the identification of legal entities across the financial markets with the publication of the Sifma led coalition of associations’ feedback on the subject to the Office of Financial Research (OFR). But will it be just another standard to add to the many that the…
Omgeo Celebrates 10th Anniversary
Omgeo, the global standard for post-trade efficiency, today announced that it is celebrating 10 years of successful partnerships with its global community in automating trade lifecycle events, streamlining operations and reducing counterparty risk. Founded in 2001 by Thomson Financial (now Thomson Reuters) and the DTCC, Omgeo has become a key partner in trade lifecycle automation….