Netik Transformation into CoreOne Leaves Little of the EDM Specialist at Large
Last week’s formal introduction of PrimeOne Solutions, a hosted prime brokerage service within the CoreOne Technologies group, marks the end of the first wave of CoreOne development and the final resting place of Netik, the enterprise date management company that was acquired by private equity firm Symphony Technology Group in 2008 and rebranded as CoreOne...
Talking Reference Data with Andrew Delaney: Just When You Thought It Was Safe…
The CFTC yesterday approved approved the DTCC’s application to run a multi-asset class swap data repository (SDR) in the US, with the promise of increased transparency in the OTC derivatives marketplace. The depository – slated for launch on October 12 – doubtless will make use of the CICI interim legal entity identifier, cementing that nomenclature’s...
Markit Gains Rights to Distribute Euroclear Bank’s Eurobond Reference Data
Euroclear Bank is transferring all existing and future distribution and commercialisation of its Eurobond reference data to Markit, leaving the bank to focus on core business around settlement and clearing, and giving the financial information services provider rights to distribute reference data covering more than 200,000 Eurobonds. The strategic agreement covers a broader set of...
Friends Life Investments Start-up Implements Markit EDM Platform
Markit has made one of its first and fastest implementations of the enterprise data management (EDM) platform it acquired with Cadis Software back in June at Friends Life Investments, a start-up asset manager within Friends Life Group. Conversation between Friends Life Investments and potential technology providers started about six months ago ahead of a rigorous...
Risklab Centralises Risk Data Management with Xenomorph TimeScape
Risklab, the investment and risk solutions specialist within Allianz Global Investors, has implemented Xenomorph’s TimeScape to provide a dynamic risk data management platform that can support the risk services it operates on behalf of its institutional clients. The company considered a number of data management solutions before selecting Xenomorph’s TimeScape analytics and data management system....
Talking Reference Data with Andrew Delaney – Back in N.Y.C.
On a conference call the other day chatting about – what else? – LEI, a friend remarked on how ridiculously busy he was. Jetting about the place, flying in to here and there, meeting with clients, risking life and limb for the good of the company. “It’s that time of the year,” he said. “Budget...
GoldenSource Offers Hosted Enterprise Data Management Platform
GoldenSource is back in the off-the-shelf solutions market with a hosted version of its enterprise data management (EDM) platform. The company released the first in a planned series of packaged applications, the GoldenSource Insight dashboard, earlier this month. GoldenSource OnDemand, like the packaged products, is a response to increasing cost pressure in the market and...
S&P Capital IQ Works with Dun & Bradstreet to Build Out Private Company Data
S&P Capital IQ has more than doubled its coverage of private company data in Western Europe and North America following a deal with Dun & Bradstreet to provide raw data that is then cleaned and checked for integrity by S&P Capital IQ. While S&P Capital IQ has offered some private company information for a couple...
CSC’s Ferrara: Turn Regulatory Compliance into Competitive Advantage
It is no longer enough to take a point-in-time approach to each financial regulation as it emerges. Rather, firms must adopt coherent data management strategies if they are to fulfil all compliance requirements and create competitive advantage from investing in meeting regulations. That’s the message from Davide Ferrara, partner in retail and wholesale banking, financial...
Reference Data Management Takes Center Stage
By Sol Zlotchenko, VP Product Management, Paladyne Systems. Market developments and a host of major regulatory initiatives are forcing the arcane world of reference data into the spotlight. Reference data drives all investment firms’ activities. As Accenture points out, accurate reference and market data are essential for effective investment decisions, trade execution, securities pricing, portfolio...