Royal Bank of Scotland (RBS) has adopted Lombard Risk Systems’ ValuSpread Credit price verification service. RBS will use ValuSpread Credit to observe credit default swap market prices for trader analysis and for independent price verification of its traders’ closing prices. Commenting on the move, Symon Drake-Brockman, Head of Capital Markets at Royal Bank of Scotland, said: ‘There was enthusiasm for taking Lombard Risk’s ValuSpread product from our product controllers who looked at the available alternatives and compared ValuSpread’s breadth of coverage very favourably with competitors, but once the service became daily it also became of great interest to our traders who now use it as a source of data for their analytics.’ Now entering its fifth year, ValuSpread Credit has grown from providing data on a regular monthly basis for plain vanilla instruments to providing data and many related analytics on a daily basis for both plain vanilla instruments and complex structured credits.
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