Markit has secured Spanish Grupo BBVA as a client for its Markit Red database of reference entity names and codes for credit default swaps. Juan Fernandez Blasco, head of trading at Grupo BBVA, says, “The need for precise reference entity data in the CDS market led us to sign a contract with Red… It will enhance our trading and operational capabilities going forward.” Markit claims its database has increased the efficiency of matching, confirmation and settlement infrastructure at client firms by diminishing legal and operational risks and reducing transactional costs.
A-Team Insight Blogs
Markit Signs Up Spanish Grupo BBVA
When the Brexit transition period came to an end on 31 December 2020, a new sanctions regime was introduced in the UK under legislation set out in the Sanctions and Anti-Money Laundering Act 2018 (aka the Sanctions Act). The regime is fundamentally different to that of the EU, requiring financial institutions to rethink their response...
The Derivatives Service Bureau (DSB) has released a Request for Information (RFI) to identify a reference data provider for underlier identifiers for the Unique Product Identifier (UPI). A requirement of the UPI, which the DSB plans to make available in Q3 2022, is to support the use of multiple underlier identifiers and reference data elements....
This breakfast briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.
With the compliance deadline for Markets in Financial Instruments Directive II (MiFID II) just over two months away, A-Team Group has updated its MiFID II handbook to bring you the latest details on the regulation’s compliance requirements. Version 2 of the handbook, commissioned by Thomson Reuters, also includes new sections covering data sourcing and data...