As European firms move to comply with data and reporting requirements under MMF Reform, they can learn from a similar initiative introduced seven years ago in the US
Jupiter Asset Management implements oversight solution to automate collection of fund valuation data, daily NAV prices verification.
Starting October 14, US institutional money market fund valuations must float
The prices will support MUFG's NAV calculations for fund clients
Should crucial calculation errors have the buy side rethinking an entrenched model?
Alternatives to securities pricing needed as Athens stock market remains closed
New function automates re-reconciliation.
The solution is device-independent and provides real-time risk data.
Finer informational granularity required as rule adjustments creep up.
Markit has launched an intraday net asset value (iNAV) service for exchange-traded products that combines securities pricing data from global exchanges with the vendor's proprietary fixed income evaluated prices, which it calculates for more than 2.3…