Asset Control Develops Entry-Level Service for Data Management of Single Feed Set-Ups
Asset Control has released AC SmartFeed, an entry-level feed-handler aimed at providing financial institutions with a quick and low-cost way of implementing a single-feed solution. The system performs all data enrichment, storage and distribution functions, allowing the user firm to link its chosen feed to risk, trading room, asset management and STP/security master applications. AC...
Tullett Liberty Underpins Trade Notification with Robust Approach to Reference Data
Last summer’s release of Tullett Liberty’s Post:marker service heralded the interdealer broker’s first commercial foray into straight-through-processing. But as chief information officer Geoff Chapman explains, the firm has underpinned the offering with counterparty and security master databases it started work on more than five years ago. When interdealer-broker Tullett Liberty launched its Post:marker trade notifications...
Integration of Data and Software Analyzed in New A-Team Report
The raised profile of the issues surrounding reference data has sparked many data management projects, but reference data cannot be considered in isolation. What is needed is a coordinated approach to data and its integration with operational software used throughout the financial services enterprise. After all, the uncoordinated approach that saw millions spent on technology...
Wells Fargo Trust Is Live with Smartstream For Exceptions Processing
Wells Fargo Trust Management has gone live with Smartstream’s TLM Trade Process Manager, enabling it to automate exceptions processing for domestic trades. The system replaces a mostly manual process. TLM will be used to identify exceptions before T+3 as soon as the trade is executed. Wells Fargo previously used TLM but mainly for its straight-through-processing...
Telekurs (France) Spins Itself Off From Fininfo for Data Collection
Telekurs Financial has split from its French partner, Fininfo SA, and has established a new subsidiary to handle data input in Paris. Telekurs (France) SAS began operations on October 1, and will input data from the French, Monaco and French-speaking African markets. Telekurs (France) was founded in April. It has a new team of 16...
Barra Broadens Coverage of Cosmos Bond Portfolio System
Barra has expanded the coverage of its Cosmos bond portfolio management system to include a wider range of securities and benchmarks. The new version – Cosmos 3.1 – has broader U.S. fixed-income coverage. Barra has also added a number of indices, including the iboxx euro and sterling credit indices and mortgages. In addition, Cosmo 3.1...
Royal Bank of Scotland Subscribes to Lombard Risk’s Credit Verifications
Royal Bank of Scotland has subscribed to Lombard Risk Systems’ ValuSpread Credit credit pricing verifications service. ValuSpread has been designed to monitor credit default swap prices for independent verification of traders’ closing prices. The service currently features data for 5,000 global credits, from 29 contributors.
DSTi Adds Bond Attribution Module to HiInvest Portfolio System
DST International has added a fixed-income attribution module to its HiInvest portfolio management system product suite. The system will be marketed as a standalone product, alongside existing HiPerformance andHiRisk products. The new module will support duration and revaluation-based approaches, performing calculations at both the portfolio and security level. DSTi has completed development of a prototype...
Financial Technologies Rolls Out StreetDirector to Two Clients
Financial Technologies International has rolled out its new StreetDirector transaction lifecycle processing engine at a global brokerage and a large investment bank. The system is part of FTI’s StreetEnterprise suite of services, and draws upon clients’ chosen reference data management systems, books and records, and transactions data to monitor and control the work flow associated...
Eagle, FTID, RDR Preach Reference Data Message
Eagle Investment Systems last week embarked on a mini-tour of Europe, hosting a series of reference data breakfast seminars. While specializing in portfolio management and accounting systems, Eagle has taken a data-centric model and was preaching the reference data message as the cornerstone of any initiative to accurately value an institution’s portfolio. Eagle’s chief operating...