FINCAD,
the leading provider of derivatives analytics, today announced that TwoFour has
embedded the latest version of its derivatives analytics library into TwoFour’s
global trading system. TwoFour, a leading provider of treasury, FX and cash
management solutions, recognized the opportunity to differentiate its client
offering with FINCAD’s advanced derivatives analytics.
TwoFour
has experienced strong growth in volumes of over-the-counter (OTC) derivatives
and recently benchmarked 4,000 cash flows per second on the TwoFour System. As
a member of the FINCAD Alliance Program, TwoFour is using FINCAD’s derivatives
expertise and analytics software to improve its customer experience and meet
critical client needs through increased user efficiency and productivity, while
greatly reducing its ... more»
NEW YORK, Tuesday, September 15, 2009 – The International Swaps and Derivatives Association,
Inc. (ISDA) today announced at its 2009 Regional Conference in New York the
results of its Mid-Year 2009 Market Survey of privately negotiated derivatives.
“The
derivatives business overall showed consistent growth in the first half of
2009, demonstrating the need for customized risk management solutions to help
navigate the more uncertain economic landscape,” said Eraj Shirvani, Chairman,
ISDA and Head of Fixed Income for EMEA at Credit Suisse. "This continued
growth is a testament to both the utility of derivative instruments and to the
industry's ongoing efforts to reduce risk and enhance operational efficiency."
"These
survey results reflect the continued resiliency of the privately negotiated
derivatives industry and its benefit to businesses globally," said Robert
Pickel, Executive Director and Chief Executive Officer, ISDA. "The
reduction in CDS outstanding highlights the great progress made through the
industry's implementation ... more»
THE crucial OTC Derivatives Operations event for 2009
24th November 2009,
London
Dear Reader,
In today's economy, hedging risk is more important now than ever before but,
given international regulators' proposals for OTC derivatives, an almost
universal need to enhance collateral management processes across the fund
management industry and continuing market uncertainty, how will your company
make sure that the very instruments designed to hedge risk aren't exposing your
company to the wrong risks?
Join OTC
Derivatives Operations 2009 to make sure that you are bang up to date
with the latest tools and techniques drawn from the operational experience of an
international panel of speakers: Cliff Warner, Chief Operating Officer,
London and Capital Stephen J. Ingle, Derivatives Product Manager, The Bank of
New York Mellon Guy Usher, Head of Derivatives & Structured Finance,
Field Fisher Waterhouse LLP Danny Peeters, Head of Collateral Management,
Fortis Investments Jamie Brigstock, Vice President, ... more»
On-demand access to valuation and reconciliation processing data is now available through GoOTC, GlobeOp Financial Services' integrated OTC derivatives processing platform.
From a single web-based portal, fund managers gain increased transparency across OTC trade lifecycles and are able to demonstrate independent portfolio pricing and valuation confirmation to investors.
GlobeOp, a leading independent fund administrator, currently processes approximately 3% of the daily global OTC derivatives trade volume. Its robust, scalable GoOTC platform supports full post-trade lifecycle management - trade capture, valuation, reconciliation, operations, collateral management and documentation. The new features enable fund managers to filter portfolios based on reconciliation and confirmation status, and to drill down to and compare trade-specific valuation details.
"Our goal with these enhancements is to bring our clients closer to their data," said Jon Anderson, global head of OTC derivatives at GlobeOp. "Greater transparency and independent valuation is a priority across funds, ... more»
Press Release: Depository Trust & Clearing Corporation, 02 September 2009
The
Depository Trust & Clearing Corporation (DTCC) today has brought
further transparency to the global credit default swaps (CDS) market,
worth more than $31 trillion, by expanding its public release of CDS
data maintained in its Trade Information Warehouse to include
historical information on those contracts.
The
Warehouse is the only comprehensive global repository for the OTC
credit derivatives market. DTCC gathers and stores in this global
repository information on OTC credit derivatives and performs critical
post-trade processing functions such as automated calculation, netting
and central settlement of payment obligations, as well as settlement of
credit events such as bankruptcies. The expanded data release will now
show information on the legally binding records from the previous week,
month and year, in addition to the data for the current week.
DTCC first began publishing the CDS information from its global
registry ... more»
