Data is More Important Than Ever Before But Cultural Barriers Remain, Says Evaxyx
The issue of data management is so important in the current market that it has been raised as a priority at the board level, according to a recent report conducted by Amber Group and commissioned by data integration consulting firm Evaxyx. The focus on improving risk analysis and reporting systems has meant that data management...
Trillium Software Adds More Bells and Whistles to Flagship Solution, Including New Dashboard
Trillium Software has released a new version of its enterprise data quality solution, Trillium Software System, which it says is aimed at accelerating the design, development and deployment of real-time data quality programmes across an organisation. The development of version 12 of the solution was prompted by client requirements for faster and more accurate data...
Unnamed European Bank Selects PolarLake for Data Integration Project
The capital markets division of an unnamed European bank has selected reference data distribution solution vendor PolarLake to lead its data integration project. According to John Randles, CEO of the vendor, the project will involve the integration of multiple data streams and data types including trade, position, pricing and reference data into a group-wide financial...
Datanomic Integrates dn:Director with Oracle’s Siebel CRM Solution
Following the release of a new version of its flagship solution, dn:Director, in February, Datanomic has added yet another arrow to its quiver via the integration of its solution with Oracle’s Siebel Customer Relationship Management (CRM) solution. The move is part of the Oracle Integration Initiative and is aimed at allowing Oracle Siebel customers to...
Nomura Asset Management Rolls Out First Phase of Eagle Data Management Project
Japan’s largest asset manager, Nomura Asset Management, has completed the first phase of the upgrade of its global investment platform with the rollout of Eagle Investment Systems’ data management solution. The first step of this multi-phase upgrade involved the deployment of the solution from the Bank of New York Mellon subsidiary, Eagle, with a view...
Poor Data Quality and Lack of Risk Culture are Key Barriers to Risk Management, Says SAS and EIU
The main barriers to successful risk management are poor data quality, a lack of expertise and a lack of risk culture among the broader business, according to a recent industry survey conducted by the Economist Intelligence Unit (EIU) on behalf of SAS. The survey, which was conducted during March 2009 and involved responses from 334...
Euroclear Finalises Acquisition of Xtrakter
Following the announcement of its acquisition of Xtrakter in November last year, Euroclear has finally closed the deal. The international central securities depository (ICSD) operator has purchased the International Capital Market Association (ICMA) subsidiary, which operates the Trax trade matching and reporting platform, with a view to creating synergies between Trax and its own OTC...
Hexaware Technologies Partners with Greenplum for Data Warehousing and Analytics Offering
Data management outsourcing vendor Hexaware Technologies has signed a partnership agreement with database software vendor Greenplum, under which the two will collaborate to produce a new data warehousing and large scale analytic processing solution. Greenplum will provide the database platform and Hexaware will focus on the migration, implementation, upgrades and maintenance services for the offering,...
Cadis Acquires Compliance Reporting Software Vendor C8 Software
EDM vendor Cadis has acquired management information and compliance reporting software provider C8 Software in a bid to combine the two vendors’ offerings and meet clients’ reporting and risk data requirements. Daniel Simpson, CEO of Cadis Software, explains that the new offering is aimed at cleaning up what he sees as often poor quality data...
Netik Restructures to Tailor Offerings to Three Specific Market Segments
Data management solution vendor Netik has restructured its business into three new divisions with a view to strengthening its offering in each of the three market sectors its solutions are being targeted at. The divisions comprise Investment Managers, Prime Brokers/Custodians and Fund Administrators, explains John Wise, CEO of the vendor. “We have put these divisions...