The European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the potential costs involved. Moreover, many within the asset servicing community itself are holding off on moving to ISO 20022 for the time being, in light of the economic and regulatory environment. Persuasive arguments are needed in order to avoid a stalemate.
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Special Report: Corporate Actions Europe 2010
Alternative Trading Systems Directory – 2010 Edition
The year since we launched our first edition of the A-Team Alternative Trading Directory has passed by in a flash (no pun intended). And while the rate of expansion of the alternative trading system sector may have slowed – even consolidated somewhat – in the more established centres, their onward march continues both in terms of credibility, and of uptake in pastures new.
Expanding Global Identifiers in Complex Assets and Other Areas
In the post-credit crisis financial services industry, risk management, compliance and transparency have emerged as focus points for review with provision of accurate and timely data recognised as a critical element of success. Fundamental to data provision is the accurate identification of both financial instruments and counterparties – without which you cannot truly measure your performance or exposure.
Data Management for New Trading Opportunities
As high-frequency and quantitative trading techniques mature, trading firms are finding it harder to make money. Market practitioners are recognizing that speed of market access alone is no longer sufficient to stay ahead of the pack, as low-latency connectivity enters the mainstream.
Special Report: Market Data Cost Containment
Once upon a time, cutting market data costs was easy. That’s because – and you’ve all seen the photo – traders took every service from every supplier, and each service needed a discrete telecommunications line. The result was an unwieldy – even messy – trading desk that was tricky to make use of and hugely expensive to operate.
Special Report: Sponsored Trading Access
Sponsored access – and its ‘evil cousin’, so-called naked access – has received a lot of attention in recent months, as regulators scrutinise the activities of the securities industry in response to widespread public outrage: at the Credit Crunch, at the bank bailouts, at bankers’ bonuses – the list is growing every day.
