Bank of Ireland Treasury Goes Live with PaceMetrics STP Kit
Bank of Ireland Treasury & International Banking Dublin has gone live with PaceMetrics’ PaceMaker and PaceManager products, as part of a broad straight-through-processing initiative. The PaceMetrics systems will help provide the bank with transaction data that can be used to increase operational efficiency and to manage operational risk. The rollout of the live product follows...
Fame Information Services Joins Migration to Linux
Fame Information Services has become the latest vendor to announce that it has ported its systems to run on the ‘open source’ Linux operating system. Industry analyst Meta Group predicted, in a December 2002 study, that by 2006 or 2007, Linux will run on 45% of new servers. Back in May, Asset Control announced that...
Asset Control Partners with Vitria for Data Dissemination
Business process integration specialist Vitria has formed a partnership with Asset Control. The two companies will develop a joint solution, the Asset Control Integration Module, to facilitate the dissemination of ‘cleansed’ and standardized reference data to multiple systems. The joint product, scheduled for availability in the third quarter of this year, will combine Vitria’s BusinessWare...
Advent Software and Netik Seal Strategic Integration Alliance
Advent Software and Netik have formed a strategic alliance to integrate Advent’s Geneva and Netik’s InterView V7 software. The combined products will provide fund administrators, prime brokers and global asset managers with an integrated system for investment accounting, data management and reporting. The Geneva software features a single unified data model that supports flexible reporting...
KBC Bank Selects Fame’s ReferencePoint for European Risk Management Project
KBC Bank & Insurance Group has begun to implement a major reference data project using Fame Information Services’ ReferencePoint system. Fame has also been contracted to customise and implement the system under a fixed-price, fixed-delivery-date contract. As part of its risk management strategy KBC, headquartered in Brussels, will be using ReferencePoint to integrate multiple data...
The Interview: Telekurs’ Beat Koch
On the growing recognition of the Swiss vendor’s role as a global reference data provider Mention Telekurs to people of a certain age in the London financial technology business and you’ll quite often find that they have a picture of a second division player in the real-time market data industry. Either that, or the words...
Daiwa Builds Pan-European Data System on FTI’s StreetReference
Daiwa Securities SMBC Europe, has selected the StreetReference product from Financial Technologies International (FTI) as the basis for re-engineering its reference data management environment in Europe. The investment bank will use StreetReference to centralise all European data, including client and securities reference data on a multi-lingual, multi-currency platform. In particular, it will build a common...
Schroders Plans Global Reference Platform Using Eagle’s Product Suite
Schroders has deployed the Reference Manager software from Eagle Investment Systems across its London, New York and Tokyo operations as part of a global reference data management solution.The asset management firm is using the data management and workflow capabilities of the Eagle software to centralise all of its security reference data in one location and...
Xenomorph Claims First with .Net Data Management Suite
Xenomorph has launched TimeScape, a new data management and analysis suite based on the XML Web Services technology of the Microsoft .Net framework. TimeScape unites data management, connectivity and pricing analysis of derivative and fixed income portfolios, delivering a single view through time of all asset classes. Xenomorph claims its use of the XML Web...
EDI and Goal Team for Trade Cycle Tax Solution
Reference data provider Exchange Data International has entered into a strategic alliance with Goal Group, which develops systems handling the taxation elements of the securities processing cycle. Goal’s offering, GTRS, automates the process of reclaiming cross-border withholding tax on securities investment income, such as dividends, supported by EDI’s international securities administration data. Custodian banks reclaim...