ABSReports Boosts Markit ABS Data

UK-based pricing provider Markit last week announced the takeover of asset-backed securities deal reporting provider ABSReports from Computershare earlier this month for an undisclosed sum.

Ben Logan, managing director and co-head of structured finance at Markit in New York, says that combining ABSReports' data on deals, bond performance and how their performance is described in trustee reports with Markit's European ABS pricing service, which provides prices for bonds as well as putting them

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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