Seven Ways to Reduce IT Costs with Master Data Management
By Ravi Shankar, senior director of product marketing at Siperian Information technology managers are facing a dilemma given the current economic climate – despite budget cuts, companies do not expect reductions in the service levels provided by IT to the business. Under such circumstances, how do you maintain or improve service levels, and continue to...
Half of New Business in 2009 Could Come From ASP, Believes Eagle’s Lehner
Although last year witnessed continued growth in a troubled climate, 2009 is another matter, warns Eagle Investment Systems president John Lehner. Increased pressure on growth in the US will put US-based vendors under pressure to expand client reach even further and consolidation may be on the cards in the long term, he speculates. The vendor...
Financial Crisis Has Focused Institutions on Data Quality Initiatives, Says Information Difference
The recent financial crisis will not deter financial institutions from investing in master data management (MDM) and data quality systems, according to a recent survey conducted by consulting firm the Information Difference and sponsored by Trillium Software. The findings of the survey suggest that these initiatives will be of mounting importance to businesses in the...
Maintrust Selects Gain Data Management for Delivery of SIX Telekurs VDF Data
Nomura’s German asset management subsidiary, Maintrust, has gone live on Aim Software’s Gain Data Management platform in order to facilitate the automated delivery of static data from SIX Telekurs Valordata Feed (VDF) into SunGard’s V3. Maintrust indicates it decided to upgrade its data management infrastructure as result of rising compliance requirements and an increase in...
The EDM Council Semantics Repository: A Practical Solution to the Problem of Meaning By Mike Bennett, Director, Hypercube
A common theme at conferences and events in recent months has been data quality management. Coupled with this we have seen an emerging trend whereby data is no longer regarded as a technical activity but as a true business asset, carrying business risks. Many firms are now positioning data management under operations or even directly...
DSTi to Focus Attention on Middle Office Data for Derivatives in 2009
Following the appointment of Tom Abraham as CEO last year, investment management solution vendor DST International (DSTi) has refocused its attention on the area of the middle office within asset management firms. Steve Cheng, head of solution, Investment Control at DSTi, explains to Reference Data Review the details of the vendor’s recent research and its...
Netik Packages Information Portal for Money Managers and Investor Services Firms
Netik has packaged its Netik Information Portal to create pre-configured reports and queries in a hosted environment as a service for money managers and investor services firms. The vendor indicates that it has leveraged the intellectual property of its core offering, Netik InterView, to create this fully managed service. Netik’s solution aims to provide transparency...
Valuation Service Provider Prime Source Selects Asset Control’s AC Plus for Data Management
NYSE Euronext’s valuations service subsidiary, Prime Source, has selected Asset Control’s AC Plus financial and reference data management software to support the data requirements of its independent valuations business. Marie-Helene Cretu, CEO of Prime Source, explains that it has implemented the software to cope with increasing customer demands for new markets, geographies and instruments, all...
SmartCo Opens US Subsidiary to Support North American Growth Plans
Master data management software provider SmartCo has opened a new subsidiary headquartered in Boston to expand its business development and support capabilities for North American customers. The French headquartered vendor says it has had some commercial success in Canada and is now looking to the US for growth opportunities. SmartCo claims it has seen revenue...
Aberdeen Asset Management Picks Cadis EDM as Global Data Hub
Aberdeen Asset Management has implemented the Cadis EDM Suite from enterprise data management (EDM) system provider Cadis. The fund manager hopes that the solution will grant it greater operational control over its data by improving operational efficiency and reducing costs. Aberdeen indicates that it selected Cadis after a rigorous selection process due to the solution’s...