Trio of Ex-SunGard Data Experts Offers EDM Consulting
In a reunion of ex-SunGard executives, data veterans Marc Odho and Rob Ord have joined Dale Richards to launch the LakeFront Data Ventures (LDV) Consulting Group. Richards is CEO of the company, which he says is already engaged in enterprise data management assignments in both the vendor and client spaces. Odho and Ord, made redundant...
Telekurs Financial Bridges the Gap between Europe and Asia
Telekurs Financial has signed a cooperation agreement with Telenet Systems of Dubai to service clients in the Arabic-speaking markets in the MENA (Middle East & North Africa) regions. Up to now, clients in the MENA region were covered by a number of different Telekurs subsidiaries. Under the terms of the agreement with Telekurs Financial, Telenet...
S&P Becomes EDM Council’s First Data Vendor Sponsor
Standard & Poor’s has become the first data vendor to join the EDM Council as sponsor, where it will work alongside the likes of other new vendor sponsors ADP Brokerage Services Group and Deutsche Boerse-owned Avox (Reference Data Review, December 2006), to help develop effective solutions to manage data across the enterprise. Through its involvement...
CIG Supports AIM Software in US, Targets Mid Office Needs
New York based consultancy Computer Intelligence Group (CIG) has partnered with Austria based AIM Software to market, implement and support its reference data management platform GAIN in the US, with an initial focus on large banks, brokers and mutual funds in New York and Boston. The two companies – which are also working closely with...
Looking into the EDM Crystal Ball By Michael Atkin, managing director, EDM Council Inc
It seems like only yesterday we were talking simply about reference data with lots of debate over definitions, an underlying focus on operational efficiency and a business case cut straight from the technology ROI rulebook. My, my how quickly things have changed. Reference data has evolved into EDM. Risk mitigation has replaced operational efficiency. And...
OpHedge Migrates Clients on to GoldenSource Security Master
New York based hedge fund administration provider OpHedge Investment Services has begun to migrate its clients on to the GoldenSource security master solution, and plans to start implementation of the vendor’s positions repository later this year. The firm signed up for the two components of GoldenSource’s enterprise data management solution last March (Reference Data Review,...
Netik InterView Central to SOA At Daiwa Securities GAS
Dublin based hedge fund administrator Daiwa Securities Global Asset Services (GAS) has rolled out the Netik InterView data warehouse platform for data management and reporting. The Netik solution is central to the administrator’s services oriented architecture (SOA) strategy, based around Microsoft .Net technologies, and going forward will be used to synchronise all data between its...
Insight Investment Operations Migrated to Northern Trust
Insight Investment’s operations have been successfully migrated to the Northern Trust platform, for more than 600 portfolios, following the 2005 announcement of their outsourcing partnership. Northern Trust provides Insight with every aspect of post-trade execution support including trade processing and settlement, data management, reconciliation, portfolio recordkeeping, client valuations and reporting and performance measurement and attribution.
EDI Nearly Doubles GlobeTax’s e-TaxData Online Reference Data Product
Exchange Data International Limited (EDI), provider of international securities data, together with GlobeTax, provider of outsourced withholding tax services have announced the scaling up of the online market reference data product e-TaxData Online, adding an additional 71 markets of issue to the existing 91 markets already covered. This launch comes less than a year after...
Microsoft’s MiFID Pitch Touts TAP Among Partner Solutions
Microsoft has set out its MiFID stall, and has identified reference data and client classification as two of the eight MiFID related challenges it wants to help financial institutions address through its initiative to offer “mix and match” MiFID solutions in conjunction with a range of partners. TAP Solutions, provider of the Microsoft based TAPMaster...