ECB’s Utility Has a Place But Not Before Standardisation, Says BarCap’s Nagle
The old adage of not putting the cart before the horse was pertinent this week, during discussions at the Marcus Evans reference data conference on the European Central Bank’s (ECB) proposed reference data utility. The concept has been a topic of significant debate for some time now and panellists including Llew Nagle, who is in charge...
BarCap Adds ABN Amro’s Thomas to Entity Data Role and Nagle as New Head of Data Quality
Barclays Capital has promoted ex-project manager for global reference data Llew Nagle to the brand new position of head of data quality for the bank and added ex-ABN Amro entity data specialist David Thomas as a vice president in charge of client data. In their new roles, Nagle is responsible for the management of data...
BNP Paribas Securities Services Selects Asset Control for Centralized Securities Reference Data
BNP Paribas Securities Services has chosen Asset Control, the world-wide leader in financial data management solutions, to provide a centralized data management platform for “golden copy” securities reference data. Using AC Plus, BNP Paribas Securities Services will be able to source, store and process a wide range of securities instrument data and quickly bring on...
RBC’s Sutton and JWG’s Di Giammarino Promote Customer Data Best Practices
This week, JWG has published its finalised industry guidance on the maintenance of wholesale customer data, which was compiled by the industry think tank’s Customer Data Management Group (CDMG). Julia Sutton, who last year joined the Royal Bank of Canada (RBC) as a director of global reference data, explains to Reference Data Review that the industry...
StormHarbour Securities Selects Quantifi for Advisory Business Support
Quantifi, a provider of analytics and risk management solutions to the global credit markets, today announced that StormHarbour Securities has selected Quantifi XL for pricing and analysing liquid, illiquid and esoteric financial assets. Olivier Renault, structurer at StormHarbour Securities, says, “We recognised that having access to independent market-tested pricing tools and analytics was important in...
RBC has Calendars, Entity Data, Client Onboarding and Issue to Issuer Data Linkages on Agenda, Says Sutton
Following her appointment as Royal Bank of Canada’s (RBC) new global head of reference data at the end of last year, Julia Sutton has been busy with plans to automate key areas of the bank’s customer data management. Sutton explains that she has been afforded a valuable window of opportunity within RBC to drive forward...
DTCC Warehouse Finally Recognised by Fed as Data Repository for OTC Instruments
It may have taken a solid year of campaigning but the Depository Trust & Clearing Corporation (DTCC) has finally been granted approval by the Fed to set up a subsidiary to operate its Trade Information Warehouse as a data repository for OTC credit derivatives. The new subsidiary, which has been dubbed the Warehouse Trust Company,...
SCV Reforms will Require Lots of New Counterparty Data Linkages and 25 New Data Fields, Says JWG’s Di Giammarino
The UK Financial Services Authority’s (FSA) incoming Single Customer View (SCV) reforms, which are part of the Financial Services Compensation Scheme (FSCS), will require financial institutions to introduce a raft of new data linkages in order to consolidate customer data into the required reporting format, said PJ Di Giammarino, CEO of JWG at last night’s...
EDI Tracked Over 5 Million Corporate Actions in 2009
Exchange Data International (EDI), a provider of corporate actions and reference data, announced today that its corporate actions data team had created over 5 million corporate actions records in 2009 which is an astonishing volume of 20,800 records a day. EDI has been providing global corporate actions on equities through its Worldwide Corporate Actions for...
Thomson Reuters to Offer Securities Class Action Claims Filing Solution through PORTIA
Thomson Reuters today announced that it will offer securities class action claims filing capabilities as part of its enterprise-wide investment accounting system. The solution will be delivered in collaboration with Global Claims Filing Limited (GCF), a provider of securities class action data, research and claims filing services. Thomson Reuters PORTIA provides comprehensive investment accounting management...