Fimat Group, the investment banking arm of Socit Gnrale, has added two further hedge funds were added to the Fimat Volatility Arbitrage Median (FVAM TM). FVAMTM is a performance measure for the Volatility Arbitrage hedge fund strategy and is, in
In its response to the Securities and Exchange Commission's concept release on securities transaction settlement, the Securities Industry Association (SIA) reaffirmed its support of the Commission's efforts to improve the safety and operational efficiency of the US clearance and settlement
SunGard says that New York based hedge fund Victus Capital has selected Panorama as its trading and risk management infrastructure. Victus Capital will use Panorama for desk level risk analytics, sensitivities, scenarios and stress tests, along with simulation based Value
FACT CRS, a tool designed to analyse and manage credit risk, has been developed by Bureau van Dijk Electronic Publishing (BvDEP) and Fitch Risk. BvDEP says its clients recognised how their solutions could help them with Basel II compliance. BvDEP
New Star Asset Management has hired Ian Lewis from UBS Global Asset Management as Head of UK Institutional Sales and Marketing. At UBS, Lewis was head of UK consultant relations. New Star describes him as "a key member of the
FACT CRS, a new integrated tool to analyse and manage credit risk, has been positively received by the global credit risk community, the company said. FACT CRS aims to streamline credit processes and liberate analysts' time, and evolved directly from
ABN AMRO has implemented an advanced Trading Strategy Management engine to enhance the capabilities of its Equity Advanced Execution Services Desk. The rules engine and its suite of auto trade tools, developed by Apama, will extend ABN AMRO's range of
Lloyd's, the specialist insurance market, has signed an infrastructure managed services (IMS) agreement with Unisys, with a potential estimated value of $17million (GBP 10 million) over the five year term of the contract. Unisys will support around 1,400 desktops and
The SWIFT Annual General Meeting has approved the admission of securities data vendors as a new category of participant. The move, which aims to entrench SWIFT in the automated messaging of corporate actions and reference data, sees "securities market data
Despite positive economic progress across Europe, new research published today by Demica highlights the polarity between the levels of financial burden facing A rated and sub investment grade companies. Sub investment grade European corporates are experiencing a severe increase in