Finetik Leverages Asian Information Knowledge with ADS Data Product
Asia-based financial information specialists Finetik is leveraging its relationships and reputation within the region to provide a new alternative’ in content and data management in Asian data. Its new Asian Data Service (ADS) effectively pools data from vendors and exchanges to provide in-depth and as reported data for equities, funds, fixed income, derivatives, indices, economic...
SIAC Tests Volante Metadata Repository for Descriptive Data
The Securities Industry Automation Corp. (SIAC)’s Avner Gelb last month demonstrated tests of Volante Technology Inc.’s new Volante Metadata Repository (VMR) to manage and normalize disparate message types. Speaking at the High Performance on Wall Street conference in New York last month, Gelb, senior technical director at SIAC, said tests had enabled SIAC to shield...
Capco Sets Four-Pronged Strategy For Reference Data Offerings
Capco has spent the months since its acquisition late last year of Iverson Financial Services developing a services-based business offering that uses key elements of the former Iverson to complement existing and new Capco capabilities (Reference Data Review, February 2004). The company is positioning itself as a full-service reference data management provider, which it hopes...
Thomson Hints At Reference Data Activities with Portia News
Thomson Financial, while owner of many valuable data properties, has not to date jumped into marketing its services in the reference data space. News from its Portia portfolio management and accounting system’s division, however, made mention of new modules and enhancements in the works that hint at increased activity in this space. Modules being planned...
Telekurs Financial Links VDF with CSK’s X-Gen Software
Telekurs Financial has added to its list of applications software partners in a new deal with existing partner CSK Software. The latest deal provides integration between Telekurs Financial’s Valordata Feed (VDF), offering master and event data, as well as international securities pricing, and CSK’s X-Gen business automation and integration software. Says Telekurs U.K. chief Beat...
FTI Uses External Partner Volante to Attain ISO CA Standards
In a bid to move closer to standardization and greater automation of corporate actions data, Financial Technologies International is utilizing technology from financial messaging provider Volante Technologies. The technology will initially incorporate Volante’s message modelling solution into FTI’s StreetActions corporate actions service enabling it to utilize the Swift network – in particular the Swift message...
Netik Implements InterView Data Management at Investec
Netik is implementing its data warehouse service Netik InterView at Investec Asset Management in both its Cape Town and London operations. InterView is the company’s so-called Investment Hub, which provides a data-centric transaction management and investment reporting solution for use within asset management firms, private banks, hedge funds, prime brokers, fund administrators and custodians.
Outsourced Data Management Services: Will This Be the Year? By Tim Lind, Senior Analyst, Investment Management, TowerGroup
Although discussions surrounding the economics of outsourcing have only increased over the past three years, creating inertia in the securities industry for business process outsourcing has been a frustrating experience. Entrenched attitudes take time to change, and outsourcing decisions continue to be driven more by political considerations than by the bottom line. The biggest hurdle...
FTI StreetEnterprise Release 6.3 Upgrades StreetReference, Actions
Financial Technologies International’s release last month of the latest edition of its StreetEnterprise securities processing solution features substantial upgrades to both its StreetReference reference data module and StreetActions corporate actions automation platform. According to FTI, the new release – version 6.3 – refines the StreetReference module “to improve the quality of data received from vendors.”...
Reuters’ Enterprise Data Unit Is Bright Spot in Interim Results
Reuters’ Enterprise Information Products group – home to its DataScope valuations data suite – posted a 30% rise in revenue for the first half of 2004, proving the brightest spot within the company’s set of interim results, which showed a drop in overall revenues for the second quarter.