FT Interactive Data is making its Fair Value Information Service, until now only available in the North American market, available to European domiciled funds. The company says that three clients are already using the service in Europe. The service provides users with information that can be used to estimate a price that would likely prevail in a liquid market for an issue traded on exchanges that have closed prior to the fund’s net asset value (NAV) calculation time. Says the company, “Market timing and time zone arbitrage are not just U.S. phenomena – European domiciled funds could also be at risk if they contain equities traded on exchanges which close prior to their order cut-off time or NAV calculation point.”
A-Team Insight Blogs
The regulation clock is ticking. Financial firms, especially those subject to Phase I of implementation, are well aware of the impending April 2020 deadline for the Securities Financing Transactions Regulation. The question is, are they ready? Tactical, i.e painful, approaches to compliance won’t be good enough. A strategic plan of attack is necessary to combat...
By Charlie Brown, former head of Head of IPV at Lloyds Banking Group, now Head of Market & Risk Solutions at GoldenSource. The recent market volatility has emphasized the need for transparency in the processes that generate the profit and loss (P&L) and capital charges that impact bank balance sheets. In particular there is increased scrutiny...
Now in its 10th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.
Need to know all the essentials about the regulations impacting data management? Welcome to the Fourth edition of our A-Team Regulatory Data Handbook which provides all the essentials about regulations impacting data management. A-Team’s series of Regulatory Data Handbooks are a great way to see at-a-glance: All the regulations that are impacting data management today A...