The Interview: Telekurs’ Beat Koch
On the growing recognition of the Swiss vendor’s role as a global reference data provider Mention Telekurs to people of a certain age in the London financial technology business and you’ll quite often find that they have a picture of a second division player in the real-time market data industry. Either that, or the words...
Daiwa Builds Pan-European Data System on FTI’s StreetReference
Daiwa Securities SMBC Europe, has selected the StreetReference product from Financial Technologies International (FTI) as the basis for re-engineering its reference data management environment in Europe. The investment bank will use StreetReference to centralise all European data, including client and securities reference data on a multi-lingual, multi-currency platform. In particular, it will build a common...
Schroders Plans Global Reference Platform Using Eagle’s Product Suite
Schroders has deployed the Reference Manager software from Eagle Investment Systems across its London, New York and Tokyo operations as part of a global reference data management solution.The asset management firm is using the data management and workflow capabilities of the Eagle software to centralise all of its security reference data in one location and...
Xenomorph Claims First with .Net Data Management Suite
Xenomorph has launched TimeScape, a new data management and analysis suite based on the XML Web Services technology of the Microsoft .Net framework. TimeScape unites data management, connectivity and pricing analysis of derivative and fixed income portfolios, delivering a single view through time of all asset classes. Xenomorph claims its use of the XML Web...
EDI and Goal Team for Trade Cycle Tax Solution
Reference data provider Exchange Data International has entered into a strategic alliance with Goal Group, which develops systems handling the taxation elements of the securities processing cycle. Goal’s offering, GTRS, automates the process of reclaiming cross-border withholding tax on securities investment income, such as dividends, supported by EDI’s international securities administration data. Custodian banks reclaim...
Reuters’ Restrictions on RIC Codes Relaxed in Bid for Widespread Standards Adoption
The decision by Reuters to license the use of its proprietary Reuters Instrument Codes (RICs) has drawn cautious welcomes from most involved in the reference data industry. But some question whether the contractual restrictions that Reuters hopes to enforce on the use of the codes will can be reconciled with their general adoption. The vendor,...
Survey Finds Perception Gap On Data Quality
Roughly 40 per cent of corporate managers expect growth in the size and budget of their internal market data groups, but data management outsourcing is under consideration at a minority of firms according to a survey commissioned by data management specialist Iverson Financial Systems. The survey also identified a difference between users’ and vendors’ perceptions....
Isis Settles On DST For Data Loading And More…
ISIS Asset Management has expanding the use of DST International’s products throughout its entire fund management operation, including the HiData data management solution as well as the related HiInvest front office system, HiMessaging STP and HiPortfolio back office solution, which will be used to support its outsourcing services for Friends Provident. ISIS worked with DST...
Cicada, Algorithmics Set Details of Venture to Supply Cleansed Data in Risk Solutions
Cicada and Algorithmics are working to finalise the details of a new jointly-owned company they plan to establish, that will develop and provide multi-source clean, structured data and managed risk solutions to users of Algorithmics’ Algo Suite of products. A third partner, Investors Guaranty is funding and supporting the venture. The alliance, announced during April,...
Calling All Data Feeds…
Dutch data management specialist Asset Control has ambitious plans to integrate the complete set of reference datafeeds into a single industry utility, chief executive Ger Rosenkamp explains. When Asset Control announced at the end of last month that it had mapped and normalised Telekurs Financial’s Valordata Feed (VDF) to its AC Plus system and ACDEX...