Credit default swap

ICE Appoints Chris Edmonds to Lead Fixed Income and Data Services Business

Retrieved on: 
Thursday, October 26, 2023
Professional Services, Data Management, Technology, Software, Finance, Fintech, Artificial Intelligence, Risk, Birmingham School of Law, King, CDS, NYSE, Black Knight, Duke University, Government, Interactive Data Corporation, Birmingham, Intercontinental Exchange, Corporation, Associate Director of National Intelligence and Chief Information Officer, University, Acquisition, Credit default swap, KCG Holdings, Chair, DCOS, KCG, Division, Sustainable finance, Intercontinental, ICE, FIDS, Dodd–Frank Wall Street Reform and Consumer Protection Act, Cryptocurrency, Sprecher

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, announced today that Christopher Edmonds, currently ICE’s Chief Development Officer, will succeed Amanda Hindlian to lead ICE’s Fixed Income and Data Services (FIDS) business segment, a position that will move to ICE’s Atlanta headquarters.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, announced today that Christopher Edmonds, currently ICE’s Chief Development Officer, will succeed Amanda Hindlian to lead ICE’s Fixed Income and Data Services (FIDS) business segment, a position that will move to ICE’s Atlanta headquarters.
  • Edmonds has held several pivotal roles at ICE since joining the firm in 2010.
  • Based in Chicago during his first 13 years at ICE, Edmonds will relocate to Atlanta, joining a growing presence of ICE’s Fixed Income and Data Services teams.
  • “Exactly eight years ago, on October 26, 2015, ICE announced one of its most transformative acquisitions with our $5.2 billion purchase of Interactive Data Corporation, which allowed us to create our data services business.

Advan Research Corporation Promotes Grigorios Reppas to Chief Executive Officer; Yiannis Tsiounis to Become Executive Chairman

Retrieved on: 
Tuesday, February 14, 2023
Commercial Building & Real Estate, Construction & Property, Data Analytics, Finance, Consulting, Professional Services, Other Construction & Property, Residential Building & Real Estate, MarketAxess, Growth, CDS, Yokohama Rubber Company, Credit default swap, Partnership

Advan Research Corporation , the leading geolocation data analytics provider servicing the financial, retail and real estate industries since 2015, today announced that, effective immediately, Yiannis Tsiounis, Ph.D., the company’s founder and Chief Executive Officer, will become Executive Chairman and Grigorios Reppas, currently Chief Operating Officer, will be promoted to Chief Executive Officer.

Key Points: 
  • Advan Research Corporation , the leading geolocation data analytics provider servicing the financial, retail and real estate industries since 2015, today announced that, effective immediately, Yiannis Tsiounis, Ph.D., the company’s founder and Chief Executive Officer, will become Executive Chairman and Grigorios Reppas, currently Chief Operating Officer, will be promoted to Chief Executive Officer.
  • “Grigorios has provided essential leadership over the years as we successfully solidifed the data supply, enhanced our platform with new and deeper analytics solutions, expanded our client base to several sectors outside the institutional investor community, and established a number of strategic partnerships”, said Tsiounis.
  • “Grigorios is becoming CEO at a time where our growth potential has never been more promising, after Advan’s strongest year ever where its client base and revenue more than doubled.
  • Also worked with Mr Tsiounis at BQuotes, a Credit Default Swaps and cash bonds fintech platform where he was a COO from 2006 to 2010.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW COMPOSITE, AUTO LOANS AND FIRST MORTGAGE RATES STEADY IN SEPTEMBER 2022

Retrieved on: 
Tuesday, October 18, 2022
News, S&P Dow Jones Indices, SPGI, Credit default swap, Dow Jones Industrial Average, NYSE, Crime, Research, S&P Global, Group, Blog, EXPN, Child, London, Database, FTSE, London Stock Exchange, Experian

NEW YORK, Oct. 18, 2022 /PRNewswire/ -- S&P Dow Jones Indices and Experian released today data through September 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was unchanged for the past three months at 0.57%. The bank card default rate fell three basis points to 2.38%. The auto loan and first mortgage default rates were unchanged at 0.72% and 0.42%, respectively.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • Experian's base of data contributors includes leading banks and mortgage companies, and covers approximately $11 trillion in outstanding loans sourced from 11,500 lenders.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW COMPOSITE AND FIRST MORTGAGE RATES STEADY IN AUGUST 2022

Retrieved on: 
Tuesday, September 20, 2022
Group, S&P Dow Jones Indices, Dow Jones Industrial Average, Child, Crime, Database, NYSE, London Stock Exchange, Blog, News, S&P Global, FTSE, London, EXPN, Research, SPGI, Credit default swap, Experian

NEW YORK, Sept. 20, 2022 /PRNewswire/ -- S&P Dow Jones Indices and Experian released today data through August 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate was unchanged at 0.57%. The bank card default rate fell three basis points to 2.41%. The auto loan default rate was six basis points higher at 0.72% while the first mortgage default rate was unchanged at 0.42%.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW EIGHTH CONSECUTIVE RISE IN COMPOSITE RATE IN JULY 2022

Retrieved on: 
Tuesday, August 16, 2022
SPGI, London, Dow Jones Industrial Average, S&P Dow Jones Indices, Credit default swap, NYSE, Database, Group, FTSE, Research, S&P Global, London Stock Exchange, EXPN, Blog, Child, News, Crime, Experian

NEW YORK, Aug. 16, 2022 /PRNewswire/ -- S&P Dow Jones Indices and Experian released today data through July 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate rose four basis points to 0.57%. The bank card default rate fell 11 basis points to 2.44%. The auto loan default rate was four basis points higher at 0.66% while the first mortgage default rate was up four basis points to 0.42%.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW SEVENTH CONSECUTIVE RISE IN COMPOSITE RATE IN JUNE 2022

Retrieved on: 
Tuesday, July 19, 2022
Research, London, S&P Dow Jones Indices, News, EXPN, Database, Child, NYSE, S&P Global, Blog, London Stock Exchange, Group, SPGI, Credit default swap, Crime, Dow Jones Industrial Average, FTSE, Experian

NEW YORK, July 19, 2022 /PRNewswire/ -- S&P Dow Jones Indices and Experian released today data through June 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate rose two basis points to 0.53%. The bank card default rate climbed six basis points to 2.55%. The auto loan default rate was one basis point higher at 0.62% while the first mortgage default rate was up two basis points to 0.38%.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW SIXTH CONSECUTIVE RISE IN COMPOSITE RATE IN MAY 2022

Retrieved on: 
Tuesday, June 21, 2022
S&P Dow Jones Indices, London Stock Exchange, Database, EXPN, London, Child, Research, Dow Jones Industrial Average, FTSE, Credit default swap, Crime, News, S&P Global, Group, NYSE, Organization, SPGI, Experian

NEW YORK, June 21, 2022 /PRNewswire/ -- S&P Dow Jones Indices and Experian released today data through May 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate rose one basis point to 0.51%. The bank card default rate fell three basis points to 2.49%. The auto loan default rate rose three basis points to 0.61% while the first mortgage default rate was up one basis point 0.36%.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.

Wells Fargo Investment Institute’s 2022 Midyear Outlook: ‘Faster, Further, and Fragile’

Retrieved on: 
Wednesday, June 15, 2022
Personal Finance, Finance, Banking, Professional Services, Asset Management, Investment, Investment management, Relative value, Consumer, Investment banking, Security (finance), EPS, Annual report, WIM, Wells Fargo, Bank, Commercial bank, Wealth, Credit default swap, Housing, News, Corporation, U.S. Securities and Exchange Commission, Forward-looking statement, Growth, Trust, Private banking, Diversified financial, Wells Fargo Advisors, Federal Reserve, WFC, Multimedia, Loss, Interstate Insurance Product Regulation Commission, NYSE, Risk, Private bank, Risk management, Life insurance, Financial services, Company

Wells Fargo Investment Institute (WFII) today released its 2022 Midyear Outlook: Faster, Further, and Fragile .

Key Points: 
  • Wells Fargo Investment Institute (WFII) today released its 2022 Midyear Outlook: Faster, Further, and Fragile .
  • View the full release here: https://www.businesswire.com/news/home/20220615005266/en/
    Wells Fargo Investment Institute 2022 Midyear Outlook (Photo: Wells Fargo)
    Thus far, 2022 has been trying for investors, with negative year to date returns for both equities and bonds, said Darrell Cronk, chief investment officer for Wealth & Investment Management.
  • Wells Fargo Wealth & Investment Management (WIM) is a division within Wells Fargo & Company.
  • Wells Fargo Investment Institute, Inc. is a registered investment adviser and wholly-owned subsidiary of Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company.

DelphX Completes First CPO and CRN Issuance; Introduces Revolutionary Yield and Risk Tools for the Global Bond Market

Retrieved on: 
Thursday, June 9, 2022
Acceleration, CDS, Time, Company, Bank for International Settlements, TSX Venture Exchange, Software, CONFIG.SYS, Bank, News, Awareness, CRN, Solution, Credit default swap, Growth, Risk, Technology, Industry, BNY Mellon, Tradeweb, Software as a service, CPO, CRN (magazine), Safety, Security (finance), Financial services

The inaugural transactions were completed in conjunction with custodian BNY Mellon, placement agent LPS Capital, and two institutional investor accounts.

Key Points: 
  • The inaugural transactions were completed in conjunction with custodian BNY Mellon, placement agent LPS Capital, and two institutional investor accounts.
  • This successful process marks a major milestone for DelphX, finalizing a multi-year development effort and initiating the long-awaited commercialization phase.
  • This "go-live" set of transactions will now enable DelphX to pursue a full product roll out via leading bond dealers who have been monitoring the development of these industry-first products.
  • The DelphX product offerings represent a timely new set of risk mitigation and yield-enhancement securities fundamentally improved over CDS and other existing structured products.

S&P/EXPERIAN CONSUMER CREDIT DEFAULT INDICES SHOW FIFTH STRAIGHT INCREASE IN COMPOSITE RATE IN APRIL 2022

Retrieved on: 
Tuesday, May 17, 2022
Credit default swap, London, FTSE, Dow Jones Industrial Average, Crime, S&P Global, News, Research, Child, London Stock Exchange, Organization, Group, SPGI, Database, EXPN, S&P Dow Jones Indices, NYSE, Experian

NEW YORK, May 17, 2022 /PRNewswire/ -- S&P Dow Jones Indices and Experian released today data through April 2022 for the S&P/Experian Consumer Credit Default Indices. The indices represent a comprehensive measure of changes in consumer credit defaults and show that the composite rate rose two basis points to 0.50%. The bank card default rate increased 25 basis points to 2.52%. The auto loan default rate rose two basis points to 0.58% while the first mortgage default rate was unchanged at 0.35%.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.