Interactive Data Issues Statement Regarding Recent Press Reports
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today issued a brief statement following recent press reports. Interactive Data’s Board of Directors is currently conducting a preliminary review of strategic alternatives for the Company. There can be no assurance on the potential outcome or timing of this review process....
Siperian Reinforces its Commitment to Multi-domain Master Data Management, Changes Product Name to Reflect Customer Usage
Siperian, a provider of a multi-domain master data management (MDM) platform, today announced that it has changed the name of its MDM platform to Siperian Multi-domain MDM Hub to more accurately represent the way its customers are leveraging the solution. Organisations rely on the multi-domain master data management platform to increase customer profitability, reduce operating...
Deutsche Postbank Financial Opts for Combo of Aim’s Gain and SIX Telekurs’ Data
Following a year filled with the signing of partnership agreements and the appointment of new hires, data management solution vendor Aim Software has started 2010 with a new client win in the form of German bank Deutsche Postbank Financial. The bank has opted for a combination of SIX Telekurs’ Valor Data Feed (VDF) to be...
US Financial Services Firms Lag Behind Europe in Data Management, Says Global Research
DataFlux, a provider of data quality and data integration solutions, today announced the findings of a multi-market research study, conducted throughout 2009, involving interviews with senior IT and data professionals in large financial services companies. The study, which DataFlux commissioned, outlines current attitudes and practices towards data management and industry regulation in the finance sector....
Asset Control Appoints Ex-Moody’s Risk and Regulation Exec Cheshire for Biz Dev
In line with its current focus on the data aspects of regulatory compliance, EDM vendor Asset Control has added a new member to its team with direct experience in the risk and regulatory capital management sector: ex-Moody’s executive Simon Cheshire. He joins as vice president of strategy and business development and will be based in...
Netik’s Wise, Close and Hale Discuss Three Key Product Focuses for 2010
Following the relaunch of its Global Securities Master (GSM) solution in September, data management and reporting solution vendor Netik has been expounding the benefits of the upgraded managed services solution to the buy side community. This work resulted in a win at the very end of the year, with the start of a rollout of...
CESR Publishes Technical Advice for UCITS Data Around Cross Border Mergers
The Committee of European Securities Regulators (CESR) has published a new paper in order to provide firms with technical advice for data formats regarding fund mergers, master-feeder structures and notification procedures under UCITS IV. The advice has taken into consideration industry feedback on the measures, following a consultation period that ended in September, and indicates...
Financial Services Braced for Global Data Deluge in 2010
The financial industry has been flooded with over 2,000 pages of regulatory documents this month including a dozen publications from European supervisory agencies, two major consultations from the Basel committee on banking supervision and over 15 pronouncements from the UK’s Financial Services Authority (FSA). The surge of regulatory activity comes amid a torrent of speeches...
Operational Risk Could be Data’s Best Friend
By Daniel Simpson, CEO of Cadis The story is one we’ve heard before – we’ve slowly come to recognise the importance of an issue, some of us have even started to do something about it but mostly it’s much discussed and remains on the ‘to do’ pile. So what is the tale this time? That...
Lehner Named President and CEO of Eagle Investment Systems
Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced that John Lehner, the firm’s president, will be expanding his responsibilities to assume the additional role of CEO effective January 1, 2010. Lehner will continue to report to Lou Maiuri, chairman of Eagle Investment Systems and global head...