SunGard’s Invest One Sources Fair Value Data From FT Interactive Data
FT Interactive Data has secured another client for its Fair Value Information Service in the form of SunGard Investment Management Systems. The Fair Value Information Service will be integrated into SunGard’s Invest One accounting and reporting software to support the fair valuation requirements of SunGard’s mutual fund customers.
OPERS Shortlists Eagle and DST For Data Management System Purchase
The Ohio Public Employee Retirement System (Opers) has narrowed down the list of vendors it is considering to provide a centralized data management and portfolio accounting solution. Eagle Investment Systems and DST International are said to have made the shortlist. Opers, which has $60 billion in assets under management, currently maintains multiple securities master files...
FTI’s StreetEnterprise Disappears In GoldenSource Rebranding
Financial Technologies International (FTI) last month rebranded its entire product suite from StreetEnterprise to GoldenSource in an aim to emphasize its data management capabilities. According to FTI, this is in recognition of the fact that firms are facing significant regulatory and compliance challenges, as well as considering opportunities to drive new revenue streams with new...
Due Diligence Repository to Provide KYC Data for Compliance
A new Due Diligence Repository has been created to provide banks with ‘know your client’ data needed to carry out compliance checks. The service has been developed by Bankersalmanac.com and in association with the Wolfsburg Group – a group of twelve global banks working towards standards for various regulatory requirements. It aims to provide a...
Deutsche Bank Evaluating Data Management Platforms for Risk Processes, Decision Q1, 2005
Deutsche Bank is currently evaluating a number of reference data management solutions to source, cleanse, manage and distribute data for use primarily within its risk management functions. The vendors have responded to a Request for Information (RFI) and a decision is expected to be made in the first quarter of 2005. Deutsche Bank did not...
SIAC Tests Volante Metadata Repository for Descriptive Data
The Securities Industry Automation Corp. (SIAC)’s Avner Gelb last month demonstrated tests of Volante Technology Inc.’s new Volante Metadata Repository (VMR) to manage and normalize disparate message types. Speaking at the High Performance on Wall Street conference in New York last month, Gelb, senior technical director at SIAC, said tests had enabled SIAC to shield...
Capco Sets Four-Pronged Strategy For Reference Data Offerings
Capco has spent the months since its acquisition late last year of Iverson Financial Services developing a services-based business offering that uses key elements of the former Iverson to complement existing and new Capco capabilities (Reference Data Review, February 2004). The company is positioning itself as a full-service reference data management provider, which it hopes...
Finetik Leverages Asian Information Knowledge with ADS Data Product
Asia-based financial information specialists Finetik is leveraging its relationships and reputation within the region to provide a new alternative’ in content and data management in Asian data. Its new Asian Data Service (ADS) effectively pools data from vendors and exchanges to provide in-depth and as reported data for equities, funds, fixed income, derivatives, indices, economic...
FTI Uses External Partner Volante to Attain ISO CA Standards
In a bid to move closer to standardization and greater automation of corporate actions data, Financial Technologies International is utilizing technology from financial messaging provider Volante Technologies. The technology will initially incorporate Volante’s message modelling solution into FTI’s StreetActions corporate actions service enabling it to utilize the Swift network – in particular the Swift message...
Netik Implements InterView Data Management at Investec
Netik is implementing its data warehouse service Netik InterView at Investec Asset Management in both its Cape Town and London operations. InterView is the company’s so-called Investment Hub, which provides a data-centric transaction management and investment reporting solution for use within asset management firms, private banks, hedge funds, prime brokers, fund administrators and custodians.