Markit has launched an independent pricing service for European asset-backed securities (ABS), providing same day bid/offer prices and the spreads and average life assumptions on more than 3,500 European ABSs. The service receives daily mark-to-market pricing inputs from all the major dealers, which Markit cleans and validates prior to price dissemination. Dealers have the ability to make prices privately available, and to permission specific clients to see those prices. Buy-side users can also request pricing on a security from a particular institution through the website. The coverage includes European Residential Mortgage-Backed Securities (RMBS), Commercial Mortgage-Backed Securities (CMBS), Asset-Backed Securities (ABS), and cash Collateralized Debt Obligations (CDO). Markit expects to extend its ABS pricing service into the U.S. arena next year, a market that is significantly deeper and more liquid than its European counterpart.
A-Team Insight Blogs
The transition away from LIBOR (London Interbank Offered Rate) is well underway, but there remains considerable ambiguity around how the final stages will be executed – especially with regards to benchmark replacements in markets outside the UK. What are the options, where are the uncertainties and what stage have firms reached in their preparations? The...
A-Team Group’s Data Management Summit USA Virtual kicked off today with a hugely insightful live practitioner innovation keynote followed by two live, and lively, Q&A sessions packed with audience questions and answered by the day’s expert keynote and panel speakers. Andrew Delaney, president and chief content officer at A-Team, hosted today’s live sessions of the...
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.
Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...