AIM Software Survey Outlines Pain Points and Planned Investments in Reference Data Management
A shortfall in budgets and an excess of regulations are financial institutions’ biggest reference data management challenges and they are not likely to ease with any speed as firms tackle ongoing needs to increase efficiency, reduce costs, meet regulatory requirements and improve data governance and risk management. AIM Software’s ninth global reference data management survey,...
New York Data Management Summit: Proving the Potential of Utility Solutions for Reference Data Management
Reference data utilities can improve data accuracy, completeness and timeliness, reduce financial firms’ data management costs, and support regulatory compliance – but to be successful they need to mutualise rather than outsource processes and offer flexible data consumption. Presenting a keynote entitled ‘Mutualising Data Governance and Regulatory Compliance Through the Use of a Utilty’ at...
SunGard Accelerates Adaptiv Analytics with GPU Technology
SunGard has accelerated the speed of calculations within its Adaptiv Analytics solution by adding an underlying hardware layer of graphical and computer processing units to the software. The hardware, used in conjunction with the software, is designed to provide rapid credit risk analytics that can support growing demand for scenario-based risk and sensitivity analysis, as...
Xenomorph Integrates Python with TimeScape
Xenomorph has integrated the Python Open Source scripting language with its TimeScape cross-asset data management platform, allowing developers to take advantage of the language’s fast time to prototype, test and change ideas, as well as its integration with other programming languages including C and C++. Python has been built into the application programming interface of...
Interactive Data Seeks to Expand Enterprise Footprint with Latest APEX Release
Interactive data has rolled out the latest release of its APEX reference data service off the back of its significant investment in its new technology infrastructure called OMEGA. The new service brings together a wider range of reference data with faster intraday updates, and offering more delivery methods including the planned XML-based service, and on-demand...
OTCFin Builds Out Managed Services and Regulatory Solutions
OTCFin, a provider of risk and portfolio data management solutions, is building out its managed services offering and delivering regulatory compliance solutions based on its expertise in analytics, risk and performance data generation, integration and aggregation. The company’s first compliance engine is designed to meet the requirements of Solvency II and can be provided as...
Numerix Adds Automated Model Validation Software and Services
Numerix has added automated model validation testing to its CrossAsset analytics platform, allowing users to automate previously manual processes, receive regular reports on the suitability of models in specific market conditions, and meet regulations that scrutinise the use of models and their governance. The company’s solution for enterprise model risk management is called Numerix Model...
AIM Software Strengthens Presence in North America
AIM Software is responding to market demand in North America for the business applications it added to its GAIN data management platform last year with the opening of a second office in New York. The second office builds on an initial sales office and will provide professional services, local support and direct account management for...
Unigestion Selects AIM Software’s GAIN for Enterprise Data Management
Unigestion, a Geneva headquartered asset manager, has selected AIM Software’s GAIN enterprise data management (EDM) platform and business applications to provide an integrated front-to-back-office data management and operations solution. The selection of GAIN plays into the asset manager’s recent decision to implement SimCorp’s Dimension, an investment management platform that has already been integrated with GAIN...
Xignite Teams Up With FactSet to Deliver Global View of Fundamental Data
Xignite is closing a gap in its fundamental data offering by adding a subset of FactSet’s Fundamentals database to its cloud-based market data platform. The company already provides fundamental data for the US and Canadian markets, and will use the FactSet data to extend coverage and provide a global view of all major markets, including...