Thomson Reuters’ Enterprise Division Experiences 4% Increase in Revenue for Second Quarter, Bright Spot in Overall Decline
The fortunes of data giant Thomson Reuters’ Enterprise division seem to be continuing to shine as the vendor’s bright spot for revenue growth this year. Last quarter, the division’s revenue increased 3% on the previous year’s figures for the first quarter and, this quarter, the division experienced a 4% revenue growth on the revenues for the...
Opinion: Comply or Compete? Data Governance Delivers the Balance
By Norbert Boon, global head of solutions at PaceMetrics While the liquidity requirements of the impending Basel III financial reform have been pared back, the regulatory reporting demands on banks remain a vast challenge – especially in terms of data management. In this article, Norbert Boon, global head of solutions at PaceMetrics, looks at how...
CESR Clarifies New UCITS Document Requirements in Latest CP, Data Workflow Challenges Ahead
Following on from its technical advice on the management of cross border data for UCITS earlier this year, the Committee of European Securities Regulators (CESR) has just published a series of new consultation papers that provide guidelines for the selection and presentation of data for the new Key Investor Information (KII) documents, which will require...
Delta RDF Implementation on Track to Deliver Data Vendor Feed Plug and Play Functionality, Says Algorithmics’ Orde
Risk management solution vendor Algorithmics’ decision to roll out First Derivatives’ Delta Reference Data Factory as its new core reference data engine was driven by a desire to reduce new client implementation times and to allow for a more plug and play approach to changing existing customers’ data feeds, according to Roger Orde, senior director of...
Asset Control to Provide Centralised Data Management for The Capital Group
Asset Control recently entered into an agreement with the Capital Group Companies, an investment management organisation, to provide financial data management solutions through Asset Control’s AC Plus. The Capital Group will use AC Plus as part of its plan to upgrade middle and back office technologies to increase operational efficiencies and business flexibility. AC Plus...
Regulations Pushing Basic Reference Data Management Issues up the Agenda for Asset Managers, Says MoneyMate’s Brennan
The increased media attention being given to regulation and the punitive action taken by regulators as a result of data errors has flagged the issue of data management for the buy side at large, from hedge fund managers to traditional institutional investment firms, according to MoneyMate’s chief technology officer Ronan Brennan. During a recent webinar,...
Performa Deploys Eagle’s Investment Management Suite
Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced PRP Performa is live in production with the Eagle suite, which includes data management, investment accounting and performance measurement solutions. STP Investment Services, provider of mid- and back office investment services including technology consulting, assisted with the implementation....
First Derivatives Focusing on High Performance Functionality for Data Solutions, Says North American Head Richards
Since its acquisition of Reference Data Factory (RDF) back in October last year, First Derivatives has been working on integrating the reference data solutions into its overall portfolio for a more holistic approach to the market, explains Dale Richards, who was recently appointed as president of the vendor’s US operations. The next port of call...
Sophis Wins Contract for China Re Asset Management
Sophis, a provider of cross-asset, front-to-back portfolio and risk management solutions, has been awarded a contract from China Re Asset Management Company (CRAMC), the asset management arm of China Reinsurance (Group) Corporation, to implement Sophis VALUE, its flagship buy side system. The mandate marks the first mainland Chinese insurance company to adopt a fully integrated...
First Derivatives Signs Software Licensing Deal with Algorithmics
First Derivatives, a provider of software and consulting services to the capital markets industry this morning announced that it has reached an agreement with Algorithmics for the use of Delta Reference Data Factory. Under the terms of the deal, Algorithmics will use Delta Reference Data Factory as the reference data engine with its risk management...