QSuper, a AUD46 billion Australian superannuation fund for Queensland, will use the buy-side data services provider's benchmark data service (BDS) to develop customized benchmarking tools for performance attribution and post-trade compliance analysis.
The implementation will build on the fund's existing use of Rimes to govern the shuttling of FTSE's Q-Diversified benchmarks between QSuper and its custodian bank, first begun in 2012. The latest extension, meanwhile, was initiated in 2013 with a brief trial period, and subsquent migration of all QSuper benchmark feed requirements to Rimes for use with StatPro's SPA performance attribution product.
"The mechanisms we were using left many of the burdens of sourcing, downloading, transporting, and quality assuring the data with QSuper's internal teams. Rimes was easily able to demonstrate significant reduction in the amount of effort required to expend, both in the implementation of new products and on an onging basis in daily production," says Michael Cottier, QSuper's CFO.
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails