Data & analytics

CMA, the leading provider for intraday CDS data and OTC market solutions, has announced the launch of a new product that takes into account the CDS ‘Quanto’ spread of key Euro-zone Sovereigns. 

The Committee on Payment and Settlement Systems and the Technical Committee of IOSCO have today released for comment a report on the OTC derivatives data that should be collected, stored and disseminated by trade repositories (TRs).

The committees support the view that TRs, by collecting such data centrally, would provide the authorities and the public with better and timely information. This would make markets more transparent, help to prevent market abuse, and promote financial stability.

Pricing Partners (www.pricingpartners.com), the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today that one of the largest UK insurers has selected Pricing Partners’ online independent valuation platform, Price-it® Online for its interest rates and equity structured products.

SmartCo, a leading data management software company which specialises in the financial sector, and CounterpartyLink, a specialist information provider in the research, maintenance and distribution of global issuer, client and counterparty data for compliance and risk management purposes, have announced the integration of CounterpartyLink data into SmartCo DataHub.

Advent Software, Inc. (NASDAQ: ADVS) a leading provider of software and services for the global investment management industry, today introduced Advent’s index data service, which allows clients to download index performance data from Standard & Poor’s (S&P) and Russell Investments (“Russell”) directly into Advent Portfolio Exchange® (APX), Advent’s award-winning, integrated portfolio and client relationship management solution.

Pricing Partners the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today that it is enhancing its Client Support Team by hiring Yash Agarwal.

FINCAD, the industry standard for financial analytics, today announced the launch of FINCAD Analytics Suite 2010. FINCAD has made substantial enhancements to its analytics library in response to credit market disruptions, high volatility and regulatory compliance requirements. Highlights include:

First Derivatives (AIM: FDP.L, IEX:GYQ.I), a global provider of software and support services to the financial services market, today announces that it has acquired a further 15 per cent interest in Kx Systems Inc ("Kx"), the California based firm which sells the market leading high-performance and time series analysis database kdb+. The total consideration for the 15 per cent. interest is US$7.5 million (approximately £4.7m). Following the completion of the acquisition First Derivatives will own 20 per cent of the share capital of Kx.

Pricing Partners, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today that Simplex, a new optimization technique, has been implemented in the Price-it Library to enhance its calibration power. This unrivaled first-to-market algorithm, allows time dependent Heston Model parameters, accelerates calibration procedure and improves calibration accuracy.

Omnify, a specialist IT and software services supplier to the financial services industry, has today launched a new version of Athena Investment Systems’ “Aura” application to UK Hedge Funds. Aura is a real-time dashboard that provides an inexpensive method of viewing consolidated positions and trade information across multiple prime brokers.