Custodian Northern Trust is in exclusive negotiations with Insight Investment, the U.K. asset management arm of U.S. banking group HBOS, to take on Insight’s investment administration on an outsourced basis. The decision has come after a feasibility study that established a “sound and compelling case for moving to an outsource business model with clear benefits,” said Insight’s chief operating officer Atul Manek. The deal, which should complete in the second quarter of this year, would cover pricing, reconciliations, record keeping, trade matching, settlement, client reporting and performance capabilities. Insight currently uses a combination of data management platforms from Citadel Associates (Reference Data Review, August 2004) and Xenomorph.
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...
Swiss financial data giant SIX has partnered with Crux Informatics to provide a brand-new managed market data solution to remove unnecessary implementation and management pressure for buy-side companies. Crux will integrate SIX’s Valordata Feed (VDF), which covers 29.7 million instruments for pricing, corporate actions reference data as well as compliance and regulatory data. The partnership...
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.
Following on from the success of our Regulatory Data Handbook, A-Team Group is pleased to introduce its new Entity Data Management Handbook which is available for free download. This Handbook is the ultimate guide to all things entity data: Why Entity Data is important A full review of Legal Entity Identifiers (LEIs) Where they came...