A-Team Insight Author: A-Team
SunGard Acquires ValueLink Information Services
SunGard has acquired ValueLink Information Services, a supplier of validated financial data solutions. The acquisition will extend SunGard’s Asset Arena suite of investment management solutions to include robust validation of security pricing and corporate actions data in support of fund valuation and operational reporting processes. The acquisition, the terms of which were not disclosed, is...
EFAMA’s FPSG Champions Standardisation of Corporate Actions Messaging, Use of ISO Standards for Funds Processing
The European Fund and Asset Management Association’s (EFAMA) Fund Processing Standardisation Group (FPSG) has this month produced a report that charts the progress of standardisation initiatives in the European funds industry, including in the corporate actions space. The association’s working group, which was established in 2007, is positioning itself as a “catalyst for change” by...
Interactive Data Announces Real-Time Fair Value Information Service
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced the Real-Time Fair Value Information Service. The new service, which will be available in the second quarter of 2011, will provide real-time evaluated prices for more than 15,000 international equities throughout the trading day. These streaming evaluated prices reflect an...
Interactive Data Aims to Provide a More Holistic View of Ref Data via its Business Entity Service Update, Says Cumberbatch
Interactive Data’s new web-based portal for its Business Entity Service took several months of development and the aim was to provide users with access to a more holistic and centralised view of the reference data related to a particular issuing entity, asset class, region or industry, explains Bob Cumberbatch, European business lines director for the...
Societe Generale Securities Services Mandated by Ethias to Provide Independent Valuations
Societe Generale Securities Services (SGSS) has been mandated by Ethias, a Belgian insurance company, to provide independent valuation services. These services cover a portfolio of complex structured products. SGSS was retained because of its expertise in this area, alongside the quality of its services (database of mathematical models developed in-house, flexibility in valuation frequency, analysis...
EFAMA’s Updated Framework for Fund Processing Best Practices
EFAMA today published new recommendations to increase efficiency in the processing of fund orders. The report was prepared by EFAMA’s Fund Processing Standardisation Group (FPSG). It consolidates the recommendations that were published in 2005 and updated in 2008, and extends the recommendations in two key areas. Transfers of units between two accounts recorded in the...
IPM Informed Portfolio Management Selects Xenomorph’s TimeScape for Analytics and Data Management
IPM Informed Portfolio Management, a specialist investment manager based in Stockholm, Sweden, has selected Xenomorph’s TimeScape analytics and data management system to satisfy its requirements for a powerful and reliable security master and market data management platform. IPM has experienced strong growth in its business and required a system that effectively managed an increasing data...
SIX Telekurs Opens Two Computer Centres at Equinix Inc in Singapore
The global data centre service provider Equinix Inc will now host SIX Telekurs Singapore’s IT infrastructure, replacing SIX Telekurs’ existing Singapore-based computer resources. This will substantially enhance SIX Telekurs’ IT resources in Singapore. The infrastructure is hosted at two separate locations, thereby offering the benefits of redundancy and the very latest security standards. As an...
Staying Alert
Omgeo is keeping a close eye on developments at Swift, but for now, the standing settlement instruction (SSI) space is one of coexistence rather than competition. Earlier this year, Swift announced that it would be launching a new SSI repository and directory but did not fully elaborate on its ambitions. For now, the network operator...
Swift Talks up the Cost Saving Benefits of ISO 20022 Adoption, New Concepts
This week’s Swift Standards Forum event in Sydney is part of the network operator’s push to convince the financial services industry at large of the benefits of migration to ISO 20022. Obviously, the securities industry and, more specifically, the corporate actions space represent key opportunities for the ISO messaging standard and Swift has therefore been...