Latest News
Andrew Davidson & Co (AD&Co), a provider of risk analytics and consulting, has made its OAS Subroutine, which includes the Agency Loan Dynamics Model (Agency LDM), available within trading, risk, and processing solutions specialist Murex’s MX.3 platform.
The new collaboration provides clients with an advanced risk analytics product, including Value-at-Risk (VaR) capabilities, for Mortgage-Backed Securities (MBS).
The addition of AD&Co’s OAS Subroutine allows Murex clients to model agency securities including Interest Only (IO) and Inverse IO strips, using a widespread industry Options Adjusted Spread (OAS) model that accounts for the relationship between interest rates, home prices and prepayment behaviour
HSBC is to make an investment in Visible Alpha, an investment research technology firm founded by some of the world’s leading investment banks.
Visible Alpha raised USD38 million in January with participation from new investors Goldman Sachs, Banco Santander, Exane BNP Paribas, Macquarie Group, Royal Bank of Canada and Wells Fargo, as well as additional investment from the company’s founding investors, Bank of America, Citi, Jefferies, Morgan Stanley and UBS.
Visible Alpha is using the investment proceeds to continue to drive its explosive growth and leadership position in delivering transparent, efficient and alpha generating investment research solutions to its
Privium Fund Management has hired Stephen Bond to work as an Associate Director in its London office.
Prior to joining Privium Bond spent over 10 years in the outsourced equity trading space, covering hedge fund clients globally. Prior to that he held different roles in buyside firms and in prime brokerage. Bond graduated from the University of London with a degree in Politics and Social Policy.
Clayton Heijman, CEO and founder of Privium Fund Management, says: “We are pleased to announce that Stephen Bond is joining our growing organisation. His background and skills will be a great contribution
Liquidnet, the global institutional trading network, has launched Best Ex Replay, the newest addition to the Liquidnet Virtual High Touch suite powered by data and analytics from OTAS Technologies.
Best Ex Replay enables traders to recall precise market conditions to explain the context of execution decisions, investigate orders that experienced exceptional market conditions, and to help their firm meet regulatory reporting requirements such as MiFID II. It also enables traders to provide detailed execution feedback to Portfolio Managers.
“What we’ve heard from our global Membership is that every minute that goes into manual, administrative tasks such as compliance requests
Eze Software is growing its MiFID II trade reporting support by expanding its strategic collaboration with NEX Regulatory Reporting, a business area within NEX Group.
As an Approved Publication Arrangement (APA) provider, NEX Regulatory Reporting supports clients in their MiFID II obligation to publish pre- and post-trade data and reports as soon as possible after execution. The collaboration bolsters a continuously expanding roster of Eze Software’s MiFID II compliance offerings.
Under MiFID II, in a bid for improved transparency, ESMA requires investment firms to report trade data to APAs in near real-time; within one minute for equities, and 15
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has expanded its offering with the addition of Over the Counter (OTC) Data.
EDI now offers a comprehensive suite of market data and security prices on OTC Fixed Income and Derivative instruments. These data sets include interest rate yield curves, interest rate and FX option volatility surfaces, as well as credit default swap spreads.
In addition to this, EDI is also offering prices on several million global securities, including corporate and municipal bonds, securitised products and bank loans, which can be used for portfolio
Duco has launched Duco Cube Data Platform, an extension of the Duco Cube cloud-based normalisation and reconciliation system, which enables users to access up to ten years’ worth of results and exception data via a Hadoop-based big data infrastructure.
Clients can easily connect in-house or third-party tools, such as Tableau, Power BI and QlikView, for monitoring, trend analysis, reporting and analytics. Three customers are already live on the platform.
Financial institutions of all sizes are spending significant time and effort to try to break down data silos and extract value from their data. Operational processes such as reconciliation provide
Nitesh Shah, director at ETF Securities, comments on the US Federal Reserve’s decision to raise interest rates for the sixth time since the financial crisis…
In the first Federal Open Market Committee (FOMC) meeting with Jerome Powell as the Chairman of the Federal Reserve, the US Central Bank has raised interest rates. A substantial upgrade in forecasts paves the way for potentially three more hikes (for a total of four this year). Coming into the meeting, the market had only fully priced in three in total for the year.
Median GDP forecasts for this year were increased to 2.7 per
Professor André Spicer, Cass Business School, comments on Cambridge Analytica and questions what the costs will be to big tech firms?
Recent revelations about Cambridge Analytica will put pressure on not just Facebook, but many large tech companies. They will be forced to expand their compliance, privacy and social responsibility functions. Big tech firms are going from being darlings to being devils in the public imagination.
Big tech firms have a Californian mindset: they assume that people will generally do the right thing but this is being challenged. Now, they’re having to stop focusing on the sunny side of human
UnaVista, part of the London Stock Exchange Group (LSEG), has extended its alliance with information provider IHS Markit to help firms prepare and comply with the upcoming SFTR transaction reporting.
In line with LSEG’s Open Access philosophy, UnaVista launched its Partner Programme to provide clients with greater transparency and choice when dealing with other markets participants. The programme has welcomed a range of financial services providers including Charles River, Eze Software and Finastra, as well as firms providing specialised financial regulatory reporting services. 
 

UnaVista is delighted to extend its relationship with IHS Markit to provide firms with an end-to-end
