Vitria Upgrades BusinessWare Platform
California-based Vitria has upgraded its Vitria:BusinessWare 4.3 data management platform. The company has added new facilities in XML processing, trading partner integration, web services and business process management. The upgrade also features new modeling tools for handling exceptions and facilitating straight through processing.
Citadel Investment Group Implements Asset Control’s AC Plus…
Asset Control’s data management solution AC Plus has been implemented at Citadel Investment Group. The Chicago-based alternative investments firm considered a range of vendors including Cicada, Factset, Mercator, SunGard Data Management Systems, and Soliton. The deployment includes significant new enhancements co-developed by the two firms. These include an extension and streamlining of the data model...
SunGard Upgrades Data Management Software
SunGard Data Management Solutions last month upgraded its data management software related to the distribution platform and data analysis toolkit. SunGard’s Web Services distribution platform accessPoint 1.5, which provides enterprise access to Fame and other relational data within referencePoint, has been enhanced to allow customers to output data to an extended set of formats. These...
Standard & Poor’s Streamlines Sales, Data As Part of New Reference Data Strategy
Standard & Poor’s European group is streamlining its sales organization for reference and securities pricing services in a bid to provide clients with a single point of contact for many of its products. It is also working to integrate its data sets with the ultimate long-term aim of providing modular options on a common platform....
Update: FTI & Integra’s GoldenSource Dashboard
Six months on from entering their collaborative deal Financial Technologies Inc. (FTI) and Integra SP are closing deals with two large customers for the GoldenSource Dashboard, and are reporting traction among mainly Tier 1 firms and some mid-tier firms. Meanwhile, FTI is considering rebranding the company to GoldenSource, following its rebranding x months ago of...
Selling in the ‘new normal’ By Bob Etherington. Managing Director, SpokenWord Ltd
Whenever you talk to those who sell products and services in the financial sector, the current strategy can often be summed up as ‘waiting for the good times to come back…one day’. The golden days of booming markets, global expansion and Greenspan’s famous ‘irrational exuberance’. All the things that were going to go on forever...
Accenture Set to Roll Out Managed Reference Data Platform
Accenture is preparing to begin live demonstrations of its Managed Reference Data Service, developed using Asset Control’s data management platform, which will provide outsourced reference data management services, next month. The unveiling of the system, elements of which were on show at last month’s Sibos event in Atlanta, follows hot on the heels of a...
Telekurs (U.K.) Reorganizes; Streamlines Product Line
Telekurs Financial’s U.K. operation is planning to rationalize its product line to 10 products in 2005. The company also unveiled its new organizational structure for next year and is gearing up to open a new sales office in Edinburgh in December. The rationalized product line will fall into reference data, corporate actions and pricing data...
SunGard Joins Outsourcing Trend; Establishes Advisory Board
Joining the growing number of large-size vendors launching outsourced data management solutions, SunGard Data Management Solutions’ last month revealed plans of its referencePoint Managed Data Service (rMDS), which is scheduled to begin operations in the first quarter of 2005. Based on the ReferencePoint platform that SunGard acquired through its purchase of Fame Information Services, rMDS...
FT Interactive Data Sees Strong 3Q Growth In North America
Interactive Data Corp. – the parent of FT Interactive Data – saw third quarter revenues grow 10.4% over the same period last year to $122.9 million, with net income of $21.8 million, compared with $18 million in the third quarter of last year. Organic growth – excluding acquisitions such as FutureSource and the effects of...