Category: RDR-Risk Management
On 21 Nov 2008 in MM-Vendor Solutions, MiFIDMonitor.com, RDR-Risk Management, Reference Data Review 
Piggybacking on the trend towards making data management more relevant to the front office, Trillium Software has formally launched its Data Intelligence & Governance (DIG) solution. The solution is aimed at providing firms with data analysis, data quality and reporting software technology combined with consultancy services for business users in risk management. Ed Wrazen, vice president of product management and strategy at Trillium Software, explains that the offering brings together skills that the vendor has acquired via customer implementations.
READ THE REST
On 20 Nov 2008 in RDR-Risk Management, RDR-The Corporation, Reference Data Review
Investment accounting solutions vendor Pendo Systems has formed an exclusive strategic alliance with buy side data management solution vendor Data Agent to deliver an integrated solution aimed at streamlining data management for financial services firms. The two firms are attempting to provide customers with a multi-dimensional platform on which to manage their investment data.
READ THE REST
On 20 Nov 2008 in A-Team Delivery Terms, A-Team Free, AMIT-Pricing & Reference Data, AsiaMarketsIT.com, RDR-Risk Management, RDR-Valuations, Reference Data Review 
Yuanta Financial Holdings has deployed NumeriX Excel within its risk department to provide analytics and pricing for derivatives and structured products. Via the implementation of the solution, the Taiwan-based firm hopes to more accurately price and calculate mark-to-model prices as well as measure the risk for these products, says Connie Lin, chief risk officer at Yuanta.
READ THE REST
Missed the FIMA reference data event of the year? Or attended but couldn’t make all the sessions? Want to know what your peers discussed over the three days? Click here to see A-Team Group’s (publisher of Reference Data Review) coverage of the event – all the news and views from all the sessions. And see if you recognise the faces of the delegates (or indeed yourself!) in our photo review. FIMA 2008 featured over 40 leading case studies and strategies all designed to improve data quality and reduce operational risk across your business, particularly in the current tumultuous climate.
On 13 Nov 2008 in RDR-Case Study, RDR-Client Implementations, RDR-Events, RDR-Risk Management, Reference Data Review
Given the rise of high profile incidents related to rogue trading, a major US bank has worked with business and technology consultant Detica to pull together its data to monitor operational risk across a number of controls in order to provide an effective tool to combating these incidents. Through the process, however, other business benefits emerged, said Roger Braybrooks, head of research for global financial markets at Detica.
READ THE REST
On 11 Nov 2008 in RDR-Enterprise Data Management, RDR-Events, RDR-Risk Management, Reference Data Review
Institutions need to invest in automated processes and good quality staff in order to adequately assess their risk exposure within data management process, said BNY Mellon’s Matthew Cox, head of securities data management, EMEA. They also need to understand the internal risks that are posed by bad quality data and examine what vendors can and can’t provide in terms of data accuracy, he explained to the FIMA 2008 delegation.
READ THE REST
On 10 Nov 2008 in RDR-Risk Management, RDR-Valuations, Reference Data Review
StatPro Group has signed a multi-year licence with GFI Group to use GFI’s FX options data in its pricing and risk management services. Dario Cintioli, CEO of Italy and global head of risk at StatPro, explains that the vendor selected GFI due to its standing in the market as an interdealer broker.
READ THE REST
On 03 Nov 2008 in RDR-Risk Management, Reference Data Review
Following the rumours circulating early last week, the Depository Trust & Clearing Corporation (DTCC) has confirmed that it will begin to publish aggregate market data from its Trade Information Warehouse, the worldwide central trade registry it maintains on credit derivatives. DTCC will begin circulating the data tomorrow (4 November) on its website.
READ THE REST
On 31 Oct 2008 in RDR-Risk Management, Reference Data Review
The Depository Trust and Clearing Corporation (DTCC) has indicated that it may disclose more data around credit default swap (CDS) trades in order to counter misconceptions in the market that the derivatives were the root of the financial crisis. According to market reports, the DTCC has been discussing the move with its owners and participants, although there has, as yet, been no clarification on the data that would be published.
READ THE REST
On 01 Oct 2008 in RDR-Events, RDR-Risk Management, Reference Data Review
In order to adequately control risk within financial institutions, accountability is required at the board level, delegates to this year’s Financial Technology Congress in New York at the end of September were told. Plenary speaker Dushyant Shahrawat, senior research director, Investment Management, at TowerGroup, explained the impact of the subprime crisis on the investment management business and stressed that clarity and disclosure are key to the future survival of the industry.
READ THE REST
On 30 Sep 2008 in RDR-Risk Management, RDR-Valuations, Reference Data Review
Dutch bank GarantiBank International has selected GFI’s FX options pricing and risk management software, Fenics FX, for the management and revaluation of its forex options positions. Under the agreement, the bank has taken a three year licence for the software.
READ THE REST
On 29 Aug 2008 in MM-The Corporation, MiFIDMonitor.com, RDR-Risk Management, RDR-The Corporation, Reference Data Review
FRSGlobal, a global provider of regulatory reporting solutions, has acquired Iris integrated risk management, a provider of risk management solutions, which enables it to introduce a combined risk and regulatory reporting solution for financial services. The deal will also allow the vendor to expand its regional coverage, according to Steve Husk, CEO of FRSGlobal.
READ THE REST
On 12 Aug 2008 in RDR-Counterparty Data, RDR-Risk Management, Reference Data Review
As part of the industry’s drive to contain systemic risk, financial institutions should receive daily end of day counterparty risk reports, according to the Counterparty Risk Management Policy Group’s (CRMPG) recent report.
READ THE REST
On 29 Jul 2008 in RDR-Evaluated Prices, RDR-Risk Management, RDR-Valuations, Reference Data Review
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.
READ THE REST
On 01 Jul 2008 in RDR-Evaluated Prices, RDR-Risk Management, Reference Data Review
Fitch Solutions has launched Fitch Risk and Performance Platform, a new platform providing market-based credit risk analytics, credit default swap (CDS) pricing and fundamental ratings content. It is an extension of Fitch’s market implied ratings platform and incorporates new tools for quickly reviewing credit entity performance within a user’s portfolio.
READ THE REST
On 12 Mar 2008 in A-Team Delivery Terms, A-Team Free, A-Team Free Access, Download, RDR-Regulation and Compliance, RDR-Risk Management, RDR-Special Report, Reference Data Review, Sponsored
Download this special report for FREE now! Click the link below.
Meeting risk and compliance requirements has always been a driver for investment in improved management of reference data, but the importance of risk and compliance has never been higher than in the current environment. The reference data challenges created by MiFID were many and complex, and dealing with them is an ongoing challenge for financial institutions. Meanwhile the regulatory burden is only growing. And can efficient management of risk – by instrument type and by counterparty – ever have been more important than it is post sub-prime?
In this special report we have brought together contributions from a number of key providers, enabling them to explain to you how they can support you in your efforts to create world class compliance and risk management capabilities.
Participants include:
RDR Special Report: Risk & Compliance (665.4 KiB)
On 01 Mar 2008 in A-Team Delivery Terms, A-Team Free, A-Team Insight Quarterly, ATIQ-Issue 3 - Q1 2008, ATIQ-Review & Outlook, RDR-A-Team Analysis, RDR-Market Research, RDR-Outsourcing, RDR-Risk Management, RDR-Valuations, Reference Data Review
By Maryann Houglet, Senior Vice President, Strategic Consulting, A-Team Group
In an age of ever-increasing demands for transparency, the spread of alternative investment strategies into the institutional asset management world means major data management and operational pain for more firms – and greater pressure on data and data management vendors to respond
On January 25 2008, SIFMA’s Asset Management Group announced that D.E. Shaw had been unanimously approved as a member. “The approval marks a milestone in that D.E. Shaw is the first hedge fund member of SIFMA,” read the official statement. On the same day, US stock markets closed sharply lower after some recovery, because of fears that, yet again, prominent hedge funds were in trouble.
READ THE REST
On 18 Dec 2007 in RDR-Risk Management, Reference Data Review
The inventors of an ambitious plan to create a risk mitigating Reference Data Utility for the securities industry are entering a new phase of marketing for their business venture in the belief that financial institutions can be galvanised by the lure of reduced capital and collateral requirements into solving once and for all the age-old problem of faulty reference data. This collaborative model would also eliminate duplicate spending on data by all the firms in the marketplace, they reckon.
READ THE REST
Loading ...