Inside Reference Data/News
SIX, SwissQuant Collaborate on Risk Analytics for Swiss Regulations
ImpaQt will produce risk analysis on individual instruments and entire portfolios to help wealth managers comply with new regulatory requirements in Switzerland
BPO Service Blends Vontobel Data Management, AIM Software
Bank Vontobel is deploying AIM Software's platform for internal data management as the two forms partner to launch a business process outsourcing service that is integrated into Vontobel's banking processes
Swedbank Robur Chooses SimCorp for Solvency II Reporting
The software vendor's Solvency II system has been integrated with the SimCorp Dimension investment management platform that Swedbank was already using, leading to better data quality, lower operational risk and reduced maintenance costs
Volante Joins SwiftRef Partner Program
The data integration software vendor says joining SwiftRef's partner program will give its customers access to a single source for payments reference data
JP Morgan Hires Uritz for Risk Assessment
Cortney Uritz, previously a data management project manager at UBS, has joined JP Morgan Chase as a risk assessment project manager.
Osborne Swaps UBS for HSBC
Jacklyn Osborne, previously global head of client data policy at UBS, has joined HSBC as Americas chief data officer.
Cusip Adds LEI Data to Relieve Mapping Burden
Cusip Global Services says incorporating legal entity identifier data will help firms link to the new standard because many of their internal identifiers are mapped to Cusip numbers
Regulators Propose Added Basel III Guidance
The Basel Committee on Banking Supervision, the author of the Basel III capital adequacy regulation, has issued proposals concerning leverage ratios, collateral and derivatives exposures
New Company Seeks ESMA Approval For Trade Repository
A new company set up by CapitalTrack, Capital Market Daily Portal and Fincore believes its trade repository will be attractive to market participants because it is not affiliated to a clearing house
UBS, Bank of America Find Value in DMM Model
Using the EDM Council's Data Management Maturity (DMM) model, UBS Securities and Bank of America have been able to improve on their data governance and data management, officials say
BNY Mellon Exec Predicts 'Global Fatca'
Amy Harkins, a senior vice-president and managing director at BNY Mellon, points to discussions about a "Global Fatca" sparked by various nations' responses to the US foreign tax compliance regulation
Union Bank of Taiwan Chooses Calastone for Funds Automation
The bank has no form of automation at present, but expects 60% of its trades to be automated when it goes live on the Calastone network in August and for this percentage to increase as more fund managers join the network
Pre-LEIs, Pre-LOUs, COU Top Agenda at LEI ROC Plenary
At a meeting last week, the regulatory oversight committee of the global legal entity identifier (LEI) system agreed on plans to develop statutes governing the LEI's central operating unit
Rimes Adds Swaps Index Data Feed
The managed data services vendor has added a new feed to its Reference Data Service that classifies indexes as either narrow-based or broad-based, according to the definitions of the Dodd-Frank Act
Markit Evaluates Corporate Actions Service Acquisition
The data services provider will be asking users of the Global Corporate Actions Validation Service, just acquired from DTCC, what new data sets and coverage should be added
Shanahan to Lead Omgeo's Governance, Risk, Compliance Work
Jeannie Shanahan has left State Street Global Advisors to take responsibility for Omgeo's governance, risk management and compliance projects
Torstone Courts Top Firms With Proof of Processing Capabilities
The software vendor believes tests that prove its post-trade processing system can handle up to 1 million trades an hour will help it secure top-tier clients
Fox Swaps Interactive Data for Avox
Tim Fox has left Interactive Data to take up the role of product manager at Avox
Consortium Launches Pre-LEI Data Source
GS1, FIX Protocol Ltd., Tahoe Blue and the Corporation for National Research Initiatives have launched P-lei.org, a project to distribute data for legal entity identifiers issued by pre-local operating units.
EDM Council Readies FIBO Specs, Works With Bank of England and Microsoft
The EDM Council and the Object Management Group are preparing to issue specifications for their ontology, which is being aligned with Bank of England templates. The EDM Council has also piloted its data maturity model with Microsoft
CFTC Sets Out Conditions For Mutual Acceptance of Pre-LEIs
The US regulator has set out the conditions under which it will accept WM Datenservice's general entity identifier and other pre-legal entity identifiers as part of its swaps trade reporting requirements
Cumberpatch Rejoins Asset Control to Drive EMEA Growth
After a year at Icap, Ian Cumberpatch has rejoined Asset Control as associate director of business development, Europe, the Middle East and Africa
Thomson Reuters Acquires French OTC Pricing Provider
Thomson Reuters says its acquisition of Pricing Partners, a French vendor of OTC derivatives pricing analytics software and services, will help satisfy a growing demand for full-service vendors
S&P Capital IQ Launches Data Cross-Reference
The Business Entity Cross Reference Service, already live in production, covers more than two million entities, and is available through the S&P Capital IQ Xpressfeed platform