Data Management Insight Standards The latest content from across the platform
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….
Euroclear’s Kuhnel on ANNA’s Potential as a Registration Authority, What to Expect this Year on Legal Entity IDs
As elaborated upon by WMDatenservice’s Markus Heer earlier this year, the Association of National Numbering Agencies (ANNA) is pitching itself as a suitable registration authority for the new legal entity identification (LEI) standard underlying the US Office of Financial Research (OFR). Dan Kuhnel, chairman of ANNA and director for primary markets and international fixed income…
Regulation is Driving the Industry Towards a Utility Approach to Market Data Infrastructure, Says HSBC’s Dean
Regulatory change is pushing the industry towards a central utility model for market and real-time data, according to Alan Dean, global head of cross asset FIX connectivity at HSBC Global Banking and Markets. Speaking at A-Team Group’s Business & Technology of Low-Latency Trading (BTLLT) event in London this week, Dean indicated that the onslaught of…
S&P Increases Value Added Content on ABSXchange and Announces 25 New Clients
S&P’s structured finance analytics platform, ABSXchange, has undergone a number of improvements designed to aid market participants’ analysis of their ABS and RMBS portfolios. These improvements will allow clients to run projections against forecasted index rates; view the formulae used in calculated benchmarks including underlying values; aggregate asset valuation metrics such as price and yield…
ISDA Proposes to Use FpML to Link Unique IDs to Standardised Derivatives and a New Central Derivative Product Registry
In line with the recent regulatory driven study into derivatives instrument identification, the International Swaps and Derivatives Association (ISDA) has released proposals to link unique IDs to these instruments and has called for the establishment of a new central derivative product registry infrastructure. The proposals are contained in a recent white paper, which suggests that…
ISDA 2011 Operations Benchmarking Survey
The International Swaps and Derivatives Association, Inc. (ISDA) released highlights from its 2011 Operations Benchmarking Survey today at its 26th Annual General meeting in Prague. The Survey shows the results of industry investment in infrastructure over the past several years. The confirmation process, for example, has been completely automated and 100 percent of eligible credit…
Storebrand Chooses Standard & Poor’s Global Data Solutions to Meet Solvency II Risk Management Requirements
Standard & Poor’s Global Data Solutions – part of the S&P Valuation and Risk Strategies group – today announced an agreement to supply Nordic Insurer Storebrand with an integrated data offering for its asset management business, Storebrand Kapitalforvaltning. The agreement is designed to help Storebrand meet local customer and European regulatory requirements – in particular…