Valuations and pricing teams are facing a much higher degree of scrutiny from both the regulatory community and the investor community in the glare of the post-crisis data transparency spotlight. Fair value price transparency requirements and the gradual move towards a more harmonised accounting standards environment is set within the context of the whole debate about data quality across the financial services business, in light of incoming regulations such as Basel III and the Alternative Investment Fund Managers Directive (AIFMD). Whether it is related to risk management, pricing, trading or reporting, firms need to be able to stand behind their numbers.
Get A-Team's News Alerts
Special Report: Evaluated Pricing
Special Report: The State of Play in Liquidity Risk Management
In the aftermath of the financial crisis, the period from 2009 through 2010 saw liquidity risk rise from relative obscurity to a position of prominence on regulatory agendas worldwide. One year on, liquidity risk management remains high on the agenda for institutions across the global financial services industry.
Liquidity risk management software providers have responded to new global standards and requirements with a range of new and innovative solutions, gaining implementation experience across a broad range of global financial institutions.
Special Report: Corporate Actions Europe 2010
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.
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.
