EDI Adds Unit Trust Dividends to UK Dividend Service
Exchange Data International (EDI), provider of reference and corporate actions data, has integrated Unit Trust dividend information into its UK Dividend feed. Available as an additional set of the UK Dividend feed or on its own, the Unit Trust Dividend feed gives access to information like Group 1 and Group 2 distributions and equalisation rates...
EDI Adds Structured Products to Corporate Actions Database
Exchange Data International (EDI), a specialist in the aggregation of reference and corporate actions data, has integrated structured products into its corporate actions database and Security Reference File services. Thus far EDI has integrated the following instruments into its database: Close Ended Funds, Investment/Income Trusts or Listed Investment Companies, Exchange Traded Funds, Principal Protected Notes,...
Markit to Launch Multi-Dealer Valuations Platform
UK market data vendor Markit Group is working with six Wall Street banks to launch a global, multi-bank, cross-asset client valuations platform. The Markit Valuations Manager platform will provide electronic delivery of daily OTC derivative and consensus cash valuations from Citi, Credit Suisse, Goldman Sachs, JPMorgan, Merrill Lynch and UBS alongside Markit’s own independent valuations....
CRIS Consortium to Provide Platform for Independent Valuation, Risk Management of Credit Derivatives
A consortium comprising Zeliade Systems, OTC-Conseil, JPLC, Dexia CL, Evry University and Microsoft France and dubbed CRIS (Credit Risk Services) plans to develop a platform for independent valuation and risk management of credit derivatives. The consortium will have its first test client in the second part of the year and there will be ongoing developments...
EastNets Enters into Distributor Agreement with CounterpartyLink to Carry Counterparty, Entity Data
Dubai-headquartered EastNets has signed a distributor agreement with CounterpartyLink (CPL) under which EastNets will make CPL’s legal entity reference data available via its portal or for direct distribution to its clients. EastNets privides payment and security solutions for the financial, corporate and government sectors in EMEA. EastNets has been supporting the entry of counterparty data...
Entity Data, EDM Vendors Ally, as Golden Copy Logic Finds its Place in the Counterparty Data World
Two alliances this month between providers of counterparty data and suppliers of data management systems indicate that counterparty data’s role in the bigger enterprise data management (EDM) picture continues to mature and more closely resemble that of security master data. As Reference Data Review went to press, Standard & Poor’s and Siperian (which already has...
NYSE Euronext Acquires IVRS, Launches Prime Source To Capitalise on Market’s Transparency Focus
LIFFE (Holdings), a subsidiary of NYSE Euronext, has acquired Independent Valuation and Risk Services (IVRS) for some £700,000, plus a deferred consideration element. Hard on the heels of this acquisition, NYSE Euronext has also launched Prime Source, a new independent valuation service. IVRS is a wholly-owned subsidiary of Lombard Risk Management, provider of software and...
Reuters Aims to Price 100% of Customers’ Derivatives Holdings
Reuters’ recently announced service for delivering bespoke valuations for derivatives and complex securities (ReferenceDataReview.com, January 28 2008) formalises an activity the vendor has been testing for a couple of years, and reflects a recognition that firms increasingly want to offload the valuations burden on to a third party. Reuters has been providing bespoke evaluations to...
Credit Crunch Pushes Industry Mood in Favour of Third Party Valuations, OTC Val’s Blance Believes
The credit crunch may have put pressure on spending decisions by financial institutions, but the need for external sources of evaluated prices, particularly for asset backed securities, has been “starkly portrayed”, and the “mood is definitely swinging in favour” of making greater use of third party sources, believes Ian Blance, who recently joined derivatives specialist...
Standard & Poor’s to Provide Counterparty Data Feed to Siperian MDM Hub
Standard & Poor’s is providing a counterparty data feed to Siperian’s master data management (MDM) Hub, enabling Siperian customers to view relationships between securities, issuers, parents and subsidiaries for better risk analysis and operational management. With the combination of Siperian’s master data management platform and Standard & Poor’s security and legal entity data feed, Security...