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...
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 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...
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...
PolarLake Announce Semantics Based Reference Data Search Capability
Today PolarLake announce the availability of the world’s first Reference Data Specific Enterprise Search capability. Based on the research and development activities of PolarLake this new capability will enable an internet style search capability across any number of reference data sources. The product also enables firms to define their own linkages, meta data and data...
New Chief Executives at Euroclear Finland
The board of Euroclear Finland Ltd has appointed Anso Thiré as chief executive officer and Hanna Vainio as deputy chief executive of the Finnish central securities depository (CSD), Euroclear Finland. The appointments are effective immediately. The necessary approvals have been obtained from the Financial Supervisory Authority (FIN-FSA) of Finland. Anso Thiré will also serve as...
Information Mosaic’s New Recruit Wiley on Her Experiences at Swift, Corporate Actions Standards and Career Highlights
Earlier this month, post-trade focused solution vendor Information Mosaic added ex-Capital Group exec Sigrid Wiley to its team as a product specialist for the Americas region. Wiley speaks to Reference Data Review about her career highlights thus far, including her time at Swift, and how she hopes to bring her experience as a practitioner to bear...
Broadridge Launches Mobile Voting on Major Mobile Platforms
Broadridge Financial Solutions announced today that Mobile ProxyVote.com is now live and available for proxy voting and compatible with an array of market-leading mobile devices, including Verizon’s new Apple iPhone 4, as well as the BlackBerry, Android, Microsoft , tablets and other smartphone platforms. “The availability of ProxyVote on thousands of mobile devices is in...
DTCC’s MD of Corp Comms Goldstein Makes His Exit
After nearly 20 years with the Depository Trust & Clearing Corporation’s (DTCC) communications team, current managing director of corporate communications and public affairs Stuart Goldstein is due to depart for pastures unknown. Goldstein’s departure was announced in a recent intra-company memo and comes at a time when DTCC is raising its public profile in order...
Information Mosaic Americas Hires Sigrid Wiley As Product Specialist
Information Mosaic, a post-trade automation solutions vendor, announced today that it has hired Sigrid Wiley as a product specialist for the Americas region. In this role, Wiley will perform business analysis and consulting tasks, as well as deliver pre-sales support to the Americas sales team. She will also provide input to regional product direction. Wiley...