… While Asset Control Adds CB.Net SSIs; S&P Ratings
Asset Control has added new content sets in deals with CB.Net and Standard & Poors. It follows Omicronn and ACE (Reference Data Review, November 2004) in integrating CB.Net’s BankSearchPlus international payments directory into its AC Plus data management system. Ken Payne, director of sales and marketing at Asset Control, says, “Our customers have expressed strong...
CB.Net Enters Raft of Partnerships With Omicronn, ACE, Azdex, iMeta
CB.Net has entered partnerships with a number of software providers in the past month including Omicronn, ACE Software Solutions, Azdex and iMeta Technologies. Omicronn will be integrating CB.Net’s international payments directory service BankSearchPlus into its Trax STP Enrichment Software for use within its corporate and banking clients. ACE Software Solutions will be integrating the data...
Azimuth Financial’s Azdex Offers Counterparty Benchmarking Data
Azimuth Financial has lifted the lid on its Azimuth Data Exchange (Azdex) initiative to offer financial institutions analysis of the quality of their counterparty data, based on comparisons with that of their peers. Azdex recently signed up Dresdner Bank and Standard Bank of South Africa to participate in the benchmarking project. According to Ken Price,...
Distribution Spat Between FTSE, Barra Remains Unsolved
While risk data and technology firm Barra has instructed clients that it will discontinue distribution of data from index firm FTSE Group from the end of next month, FTSE says that no such decision had been communicated to them. It appears that discussions have been ongoing between the two parties, but FTSE insists that no...
Quest for Unified Entity Identifiers Gathers Pace as Plans Go to WG8
In the quest for a unified method of identifying international business and legal entities, industry protagonists are pushing forward discussions. Progress has been made by the RDUG/Redac community who have proposed a number of recommend-ations to ISO’s Working Group 8. A group of industry practitioners also gathered at a CityCompass event to discuss various options...
Soliton Links to Counterparty Data From CreditDimensions
Reference data management firm Soliton is adding links from its instrument data to legal entity data, through a new partnership with CreditDimensions. The two firms are launching the (as yet unnamed) joint product at this month’s Securties Industry Association (SIA) Technology Management Conference at the New York Hilton, which will provide clients with a consolidated...
SSI Database ‘Last Big Challenge,’ Industry Participants Believe
The audience at a recent industry conference hosted by bond trading platform Tradeweb, heard that the adoption of a standard settlement instructions (SSI) database represented that “last big challenge” facing those seeking to realize straight-through-processing. Tradeweb has an interest in SSI through its AccountNet service, which helps firms using its electronic bond trading system to...
Citigroup Buys Communicator QIB Hub for ID Management
Citigroup has implemented the QIB Hub identity management solution from Communicator Inc. The system will be used to manage Citi’s Qualified Institutional Buyer certification, under which the bank will have electronic access to more than 25,000 institutional trading account details. Institutions’ compliance, settlement and operations professionals are required to verify that clients are Qualified Institutional...
CB.Net Forges Alliance with LogicScope for SSI Accuracy
CB.Net, a London-based provider of bank payments descriptive data, has teamed up with U.K. messaging software provider LogicScope to create an up-to-the-minute database of standard settlement instructions (SSIs). The venture will build on CB.Net’s comprehensive BankSearchPlus payments directory, which was launched at Swift’s Sibos conference in Singapore last month. CB.Net and Logicscope have created a...
Iverson Upgrades GIM Index Data Service
Iverson Financial Systems has added an index family indicator and a total return index value field to its Global Index Monitor (GIM) index data service. The index family indicator is a parent index of index categories, which can help with mapping of indices internally. The total return index value field provides a measure of the...