Aegon Asset Management Extends Use of Markit’s Enterprise Data Management Platform
Aegon Asset Management is extending its use of Markit’s enterprise data management (EDM) platform beyond the UK with implementations of the software at other business operations in the US and the Netherlands. Initial plans show four separate installations of the software, one each in the UK and US, and two in the Netherlands. These will...
NYSE Euronext Subsidiary Takes Over Administration of Libor
NYSE Euronext subsidiary NYSE Euronext Rate Administration has been selected ahead of the London Stock Exchange as the new administrator of Libor. The transfer of administration of the benchmark from BBA Libor, a subsidiary of the British Bankers’ Association (BBA), follows an outbreak of attempts to manipulate Libor for financial gain last year and is...
Talking Reference Data with Andrew Delaney: Is Lance Uggla the New Michael Bloomberg?
No, he’s not running to be mayor of New York, as far as we’re aware. But he is leading a company that has pretensions for the No. 1 slot in financial information and infrastructure. That’s our conclusion from recent events at Markit, and the growing swell of talk about what’s to come in the not-too-distant...
SIX Financial Information and swissQuant Partner to Deliver Portfolio Risk Management System
SIX Financial Information has teamed up with swissQuant Group to deliver a portfolio risk management service for private banks and asset managers facing increasing regulatory requirements around risk reporting. The service is called ImpaQt and combines SIX Financial Information reference data and market data history with swissQuant’s proprietary calculation engine to provide on-demand quantitative risk...
SAS Integrates Technologies to Deliver Decision Manager Platform
SAS has pulled together existing and new technologies to deliver SAS Decision Manager, a platform that integrates predictive analytics, business rules and data management to support decision making. The platform is also being built into other SAS products with the first to host the technology being SAS High-Performance Risk. The risk solution uses the platform...
Volante Partners SwiftRef to Offer Users a Single Source of Payments Reference Data
Financial data integration specialist Volante Technologies has joined the SwiftRef partner programme, allowing its users to connect to the payments reference data utility and access datasets and query tools required to make timely and accurate payments. The companies have worked together for some years, with Volante technology offering transformation between messaging formats for over 70...
Big Data and Rising Internet Use Require Innovative Reference Data Management Solutions
Big data and internet proliferation are creating great opportunities in the financial sector, but firms must move quickly to develop innovative reference data solutions if they are to take advantage of these opportunities and remain competitive. Presenting at an ISITC Europe reference data briefing, Ken Price, vice president of sales at data management specialist Strevus...
Swift Enhances SwiftRef Reference Data Utility and Plans Managed Services
Swift is building on last year’s introduction of SwiftRef, its payments reference data utility, with plans to extend web and cloud data services and develop managed services around the data it collects, cleanses, consolidates and publishes. SwiftRef went live in January 2012 and is delivering 194 data files every day to about 1,000 subscribers worldwide....
S&P Capital IQ Adds Intelligence to Hosted Portfolio Risk Solution
S&P Capital IQ will roll out a new version of its Portfolio Risk solution this week packaging risk and scenario analytics with market data and fundament data to deliver real-time risk analysis for multi-asset class portfolios. The redesigned risk solution brings together the risk and portfolio analytics expertise acquired by S&P Capital IQ with R2...
Asset Control Builds Business Development with Return of Ian Cumberpatch
Ian Cumberpatch has rejoined Asset Control as associate director of business development EMEA. He was sales director for the Asia Pacific region at Asset Control from 2009 to 2012, before moving on to ICAP, where he was head of sales, financial institutions, in the My Treasury division. He left ICAP after a year, returning to...