The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Interactive Data Connects to GGY’s Axis for Fixed Income Analytics

Share article

Interactive Data Corporation has added an interface to the BondEdge structured finance cash flow engine and library through GGY’s Axis system. The Axis system’s pricing, valuation and modelling tools can now be used for the complex fixed income securities modelled by Interactive Data Fixed Income Analytics.

According to the vendor, the fully integrated offering is designed to save insurance clients time and help further mitigate risk during the asset liability modelling process. It achieves this by streamlining access to projected asset market values and cash flows for the complex fixed income securities modelled by Interactive Data Fixed Income Analytics.

Via Microsoft dynamic-link library (DLL), the GGY Axis application accesses the BondEdge asset cash flow engine to generate scenario driven cash flows under unlimited interest rate environments from within the Axis system for more sophisticated asset liability analysis. According to Interactive Data, this new interface can help reduce risk by eradicating the need to transfer large amounts of information back and forth, as well as eliminate the need to maintain two separate systems.

Laurie Adami, president of Interactive Data Fixed Income Analytics, explains: “This offering marks another important milestone in our commitment to meet marketplace demand for mission critical solutions where underlying component systems communicate directly with one another.”

Bill Young, president of GGY, adds: “Our clients were impressed to learn that we now have an integrated approach, which enables clients to obtain the values that they need from the BondEdge structured finance cash flow engine and library. We feel that this combined offering will assist GGY in making future Axis sales since most companies we have talked with are very interested in a more automated approach.”

Related content

WEBINAR

Recorded Webinar: How to run effective client onboarding and KYC processes

Increasing cost, complexity and regulatory change continue to challenge firms implementing client onboarding and Know Your Customer (KYC) systems. With an effective strategy and a clearly defined pathway, it’s possible to gain a valuable competitive advantage whilst meeting those all-important compliance requirements. But how to get there? With a myriad of different options out there...

BLOG

Lack of Equivalence Post Brexit Raises Costly Data Management Concerns

The UK has finally left the European Union. A trade deal was wrung out at the eleventh hour, allowing the two sides to trade with zero tariffs and quotas, but the financial services industry has been left hanging – with talk of an MoU around the regulation of financial services being reached by March 2021...

EVENT

TradingTech Summit London

The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.

GUIDE

Regulatory Data Handbook 2020/2021 – Eighth Edition

This eighth edition of A-Team Group’s Regulatory Data Handbook is a ‘must-have’ for capital markets participants during this period of unprecedented change. Available free of charge, it profiles every regulation that impacts capital markets data management practices giving you: A detailed overview of each regulation with key dates, data and data management implications, links to...