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NYSE Technologies Promises Consolidated Tape for European Equity Markets

NYSE Technologies’ plans to develop a consolidated tape for European equity markets should come to fruition in the third quarter of 2011, when the company will deliver a service aimed at providing broad access to post-trade market data at a lower cost than today. The tape is a response to the current MiFID debate on...

Strike While the Iron’s Hot for Data Management Buy in, Says RBS’ Waters

There really is no better time than now to build a business case for investment in data management, said Lorraine Waters, global head of reference data management at Royal Bank of Scotland (RBS), to delegated at last week’s FIMA conference in London. Highlighting the current strategic role of reference data within her own organisation and...

A Data Manager’s Christmas List

Not only is Reference Data Review providing you with your usual Christmas stocking full of news and analysis this year, we’ve also taken on the delivery of wish lists to Santa’s grotto in Lapland (or thereabouts). One of our brave readers has written in with his list of requests for the man in red, should...

Goldman’s Perry Highlights Instrument Data Challenges of the OTC Derivatives Reforms Within Dodd Frank

The reform of the OTC derivatives markets as part of the US Dodd Frank Act will likely cause a whole heap of instrument identification challenges, according to Jim Perry, vice president of product data quality at Goldman Sachs. Speaking at last week’s FIMA conference in London, Perry indicated that the central clearing of these products...

The Lowdown from FIMA 2010: Reference Data Review Reports from the Show Floor

This year’s FIMA saw panellists debate the importance of reference data management in an environment that is increasingly focused on data quality and timeliness as a result of intense regulatory and industry scrutiny of the financial sector. Reference Data Review interviewed a number of speakers on the show floor for their views on the developments....

Ref Data Needs to go “Back to Basics” to Consider End User Requirements, Says Deutsche Bank’s Sean Taylor

Last year, Deutsche Bank’s director of financial intermediaries Sean Taylor predicted that the “winds of change” were due to blow through the reference data industry and this year’s FIMA saw him elaborate on what has changed thus far as a result of a regulatory shakeup and the profound shift in the way firms view risk management....

Manual Processes Persist in Data Management for Nearly Half of Aim Software’s Survey Respondents

Nearly half (at 48%) of the respondents to Aim Software’s seventh annual reference data survey still use terminals for data look-up and manual processing, in spite of the leaps and bounds made in the development of sophisticated data management technology over the last few years. The survey, which was co-sponsored by SIX Telekurs, conducted between...

Paul Capital Selects SunGard’s Investran Data Exchange for Investor Reporting

Paul Capital, a global private equity firm, has selected SunGard’s Investran Data Exchange solution to manage the firm’s investor reporting processes. Investran Data Exchange is a web-based, multi-directional portal that provides document management, reporting and workflow solutions to assist alternative investment firms in their fundraising, investor relations, portfolio monitoring and M&A processes. Investran Data Exchange...

AIM Global Reference Data and Risk Management Survey 2010: Efficient Management of Corporate Actions is Gaining Importance

AIM Software, a provider of centralised reference data management software to the financial industry, has announced the results of its Global Reference Data and Risk Management Survey conducted for the seventh consecutive year. The study was designed to inquire into the driving forces, challenges and planned investments for reference data automation. This year’s survey was...

ISITC US Confirms ISO 20022 Feedback and Corporate Actions Messaging High on the Agenda for 2011

The US arm of the International Securities Association for Institutional Trade Communication (ISITC) has decided upon a list of standardisation related items for its agenda in 2011, including responding to a list of feedback requests by ISO for various message types. Reflective of its work in the standards arena as part of the investment roadmap,...