Performance Measurement Emerges as Beneficiary Of Rimes’ Hosted Data Management Platform
Swiss private bank Pictet & Co. has emerged as one of several asset management organizations that have applied Rimes Technologies SmartFiles custom data file service to their performance attribution operations. Rimes’ SmartFiles is providing firms like Pictet with a normalized and aggregated feed of benchmark, pricing and other data sourced from numerous and disparate suppliers,...
Xenomorph Adds IDC Data Services To TimeScape Management System
Xenomorph is to make Interactive Data’s Pricing & Reference Data services available to users of its TimeScape multi-asset data management and analysis software platform. The two recently concluded discussions that have been ongoing since last autumn, and Xenomorph is now prioritizing the addition of Interactive Data’s services according to client requirements. Under the deal, users...
Process Re-engineering, Implementation are Key To Success of EDM, Says Data Warrior Fleming
The appointment of chief data officers (CDOs) has been heralded as a sign that financial institutions’ senior managers have at last recognised the importance of enterprise data management. While this is undoubtedly true, taking the EDM remit and running with it through to a successful conclusion is no mean feat. Enterprise data projects risk being...
OpenLink Adds Markit, Bloomberg Interfaces in New Release of Findur
OpenLink, a provider of cross-asset trading, risk management and operations processing software solutions, has released Version 8.1 of its Findur credit derivatives trading platform. Among other enhancements, the new version offers an interface to derivatives data services from Markit Group as well as access to instrument data from Bloomberg. The Findur platform performs a broad...
Northern Trust to Provide Data Management To Vontobel under Outsourcing Arrangement
Northern Trust has successfully migrated the non-portfolio management related investment operations – including data management – of Vontobel Asset Management, the New York-based investment management subsidiary of Switzerland’s Vontobel Holding, to Northern Trust’s investment operations outsourcing platform. As well as handling the investment manager’s data management operations, Northern Trust will provide post-trade execution support, trade...
Telekurs’ Fininfo Buy May Signal Strategy for Non-Organic Growth
Telekurs’ agreement this month to acquire its former redistributor in France, Fininfo SA, may signal a new willingness on the part of the big Swiss reference and market data vendor to explore avenues for non-organic growth after decades of shunning acquisitive ventures. The €217.7 Million purchase seems to be a good fit, with Fininfo more...
CDO Software Integrates CMA DataVision Feed
CDO Software, provider of tools for users of structured credit products, has integrated the CMA DataVision same day credit default swap (CDS) pricing data into its CDO Tools suite. Sunay Shah, CEO and founder of CDO Software says in today’s market most firms want as much transparency as possible, and that requires taking numerous different...
OTC Derivatives Shake Up Data Management; Data Consistency Key
The growing use of OTC derivatives is shaking up data management strategies across the industry. Three-quarters of firms have re-evaluated or are planning to re-evaluate their data management processes as a direct result of the expansion in use of these instruments (see chart, below), according to a survey conducted by A-Team Group (publisher of Reference...
Bimcor Leverages Eagle for Daily Performance Results, Building on Centralised Data Hub
Canadian pension fund manager Bimcor has experienced improved data management and data analysis capabilities after streamlining processes using data management and performance solutions from Eagle Investment Systems. The firm has now completed a project to implement a range of Eagle technology which began in 2004. Bimcor is a wholly owned subsidiary of BCE Inc and...
Data Governance “Poorly Practised”
The concept of data governance is one much bandied about in EDM circles, especially as the notion of purely centralised data management morphs into a more pragmatic strategy of centralised control over distributed data stores. But, as is well documented in a new white paper written by Baseline Consulting and sponsored by master data management...