Algorithmics Incorporated announced that Valor de Mercado, a joint venture between Algorithmics and the Mexican Stock Exchange (Bolsa Mexicana de Valores, BMV), is to provide prices for all government and corporate bonds, equities and warrants sold in Mexico. The initiative has received government approval, satisfying a new regulatory requirement in Mexico that all market participants use a third party price vendor. Building on financial market data provided by the Bolsa, Valor de Mercado has implemented Algorithmics’ RiskWatch in a Mark-to-Future framework to compute market prices efficiently. This makes it possible to deliver risk information on an application service provider (ASP) model because it separates the computationally intensive simulation stage for the post-processing, risk and reward assessment stage. The Mark-to-Future architecture can contain data for a variety of financial products, rather than rely on the data and systems of one corporate user.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more