About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Mellon, Eagle, Telekurs Team up To Integrate VDF into PACE

Subscribe to our newsletter

Mellon Financial has selected the Valordata Feed (VDF) from Telekurs Financial as part of its enterprise-wide global reference data infrastructure. Mellon is using VDF to integrate a range of securities reference data – including security descriptions, ID cross-reference and corporate actions – into Mellon’s Eagle PACE data management platform, provided by Mellon subsidiary Eagle Investment Systems. Mellon is consolidating its security master data on Eagle PACE to enable it to clean, enrich, extract and distribute data to meet the report-ing and information requirements of its internal and external clients.

Amy Harkins, Mellon senior vice-president and managing director of Mellon market data and director of global asset servicing, says Telekurs was chosen for its “unique combin-ation of structured database and fully encoded data, as well as extensive global coverage and high quality”. “By enriching the Eagle PACE environment with data from Telekurs’ VDF, Mellon is able to further eliminate human intervention in the security master workflow,” she says.

Barry Raskin, president of Telekurs (USA), says Mellon was a long-standing user of some of Telekurs’ older product lines for pricing and corporate actions data, prior to its decision to take a complete reference data solution via VDF. “Eagle PACE now has VDF loaders, which Mellon, as the owner of Eagle, believes will help to facilitate growing the Eagle PACE footprint. From the Mellon perspective, this is a great opportunity to provide a differentiation in its service,” Raskin says. “Mellon is a great custodial bank, and now it has another arrow in its quiver in the form of a relationship with a premier reference data provider.”

The process of integrating VDF into Mellon’s PACE platform is well under way, Raskin says. “The agreement was signed late last year and we have been working very closely with Mellon and Eagle to get the implementation done. It’s coming very soon and we are in discussions with potential clients about the service already.”
For Telekurs, the Mellon relationship gives VDF a valuable stamp of approval, Raskin believes. “It also gives us an opportunity to talk to a lot of institutions that we couldn’t get to at the right level previously.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

A-Team Group Announces Winners of its Data Management Insight Awards Europe 2025

A-Team Group has announced the winners of its Data Management Insight Awards Europe 2025, celebrating the latest outstanding contributions from companies recognised for their innovation, expertise and performance.  Now in its fourth year, these annual awards acknowledge the leading providers of data management solutions, services and consultancy services to capital markets participants across Europe. Established...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...