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The knowledge platform for the financial technology industry

Mellon Capital Has Opted for Eagle’s Data Management Platform to Better Manage Risk, Says Lillard

BNY Mellon owned asset management firm Mellon Capital Management has opted to rollout Eagle Investment Systems’ data management platform in order to help the firm better manage risk and regulatory change, according to Linda Lillard, deputy chief operating officer at Mellon Capital. The San Francisco-based firm is already using Eagle’s performance measurement and attribution system...

Mellon Capital Selects Eagle’s Data Management Solution Following Successful Performance Project

Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced that Mellon Capital Management Corporation has selected Eagle’s data management platform in addition to the vendor’s performance measurement and attribution system currently in operation. Improved data management remains a priority for investment managers as the financial services industry...

Eagle Moves Legrand to Singapore Office, Plans London Expansion

Following its establishment of an office in Singapore in October last year, data management solution vendor Eagle Investment Systems has decided to move its current Asian and EMEA managing director John Legrand from his London base out to the office in order to boost its competitive approach in the region. The US headquartered vendor subsidiary...

Cassovia Builds One Man Trading Firm on Xenomorph TimeScape Platform

Cassovia, a one man trading firm based in New Jersey that focuses on fundamental investment in equities, has implemented Xenomorph’s TimeScape analytics and data management system to handle data issues that no man could solve quickly and alone. Frantisek Kovac, principal at Cassovia, worked at Deutsche Bank on the corporate credit desk before leaving and...

Netik’s Management Team Focusing on Data Management Value Adds Such as Analytics and Downstream Requirements, Says New Recruit Mason

Following the management shake up that took place at the start of the year, data management outsourcing solution vendor Netik has kicked off a strategic review to better understand what the vendor has historically done well and where it can improve its solutions for the benefit of its user community, explains John Mason, who joined...

Rimes Technologies Expands into China with Shanghai Office

Rimes Technologies has opened a new office in Shanghai, China’s technological gateway and one of the largest commercial, financial, industrial and communications centres in the world. The move significantly strengthens Rimes’ global support function, and represents a natural development of its worldwide expansion strategy. Doug Garrity, senior partner at Rimes, commented: “The People’s Republic of...

SmartStream’s Ex-reference Data Utility Head Mason Resurfaces as COO of Netik

The switchboard at Netik must be having one hell of a time at the moment, given the range of new names they have had to memorise to take into account the catalogue of people moves that have gone on at the data management outsourcing solution vendor so far this year. The latest new recruit to...

LakeFront Data is Back in the Same Portfolio as RDF Again, Following Acquisition by First Derivatives

In January last year, New York-based reference data management solution vendor Reference Data Factory (RDF) was demerged from Toronto-based consulting firm LakeFront Data Ventures, but following its acquisition by RDF’s new owner First Derivatives this week, the firms are now back together again. The firms originally demerged to avoid what former president and CEO of...

Acquisition of Interactive Data Corporation Completed

Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced the completion of its acquisition by investment funds managed by Silver Lake and Warburg Pincus. Pursuant to the terms of the agreement entered into on May 3, 2010, Interactive Data’s stockholders will receive $33.86 in cash, without interest, less...

Asset Control’s Lynch and Enfield Elaborate on Capital Group Implementation

Earlier this month, investment management firm Capital Group signed up to roll out Asset Control’s AC Plus and AC Connect solutions as its new enterprise data management platform, president and CEO of the vendor Phil Lynch and AC Plus business owner Rick Enfield explain that the firm selected the solution due to its productised approach...