Talking Reference Data with Andrew Delaney: Stirred, Not Shaken
David Craig isn’t an actor who plays James Bond (that’s Daniel Craig). Nor, for that matter, is he a soul singer from Southampton (that’s Craig David). Rather, he’s the president of Thomson Reuters Financial & Risk, the former Thomson Reuters Markets. As part of a full-scale reorganisation of Thomson Reuters that established four client-defined business...
Gonet&Cie Automates Credit Ratings with S&P Capital IQ’s XpressFeed
S&P Capital IQ has named Swiss private bank Gonet&Cie as its first European customer to automate Standard & Poor’s credit ratings through the use of its XpressFeed enterprise data feed. The S&P ratings were added to the feed in June 2012 and have already won towards 30 subscribers in the Americas and Asia-Pacific. S&P Capital...
Bloomberg’s Secunda Cites Enterprise Products and Solutions Business as the Way Forward
Tom Secunda, founding partner and global head of financial products and services at Bloomberg, cantered through a brief history of technology and made a foray into the future at last week’s Bloomberg Enterprise Technology Summit in London before delivering the Bloomberg message that the world has changed but is providing opportunities that were unimaginable two...
SIX Financial Information Prepares Data Solution for Fatca Compliance
SIX Financial Information has joined the growing band of market data vendors preparing to meet the reference data requirements of the US Foreign Account Tax Compliance Act (Fatca). While Fatca regulation is not expected to be finalised until next year, ahead of the act coming into effect on 1 January 2014, SIX Financial Information is...
Broadridge’s Access Data Accelerates Processing with EMC Greenplum
Broadridge Financial’s Access Data unit is speeding up its data processing using EMC’s Greenplum Unified Analytics Platform. Using Greenplum, processing of a four billion record data store that once took eight hours to complete now just takes minutes, enabling Access Data to provide its clients with greater visibility into how assets are generated, allowing them...
Standard Life Takes Stealthy Approach to Building a Data Warehouse
A stealthy rather than Big Bang approach to data warehousing can meet business requirements in a timely and cost-conscious way, and lay the foundations for a scalable solution, said Jim Shaw, solutions architect at Standard Life, as he presented a case study of data warehouse development at last week’s Financial Information Management (FIMA) Conference in...
Talking Reference Data with Andrew Delaney: The Quiet Rebirth of Interactive Data (Part 2)
It’s well known that Interactive Data Corp. can be a relatively conservative institution. This is in part due to its valuations business, which forces it to make judgments akin to those of a ratings agency, and sometimes results in a somewhat cautious corporate approach. And so there has been a distinct lack of the kind...
Underlying Data and Overall Governance are Central to Surviving the Regulatory Tsunami
Financial services firms must tackle underlying data issues and enforce top-down governance strategies if they are to survive the regulatory tsunami, argued Anthony Kirby, director of Ernst & Young’s regulatory and risk management practice, at last week’s International Securities Association for Institutional Trade Communication (ISITC) conference in London. Addressing the operational impact of upcoming regulations,...
Talking Reference Data with Andrew Delaney: AIM Takes, Erm, Aim at London
The past several months have seen a recasting of what we at A-Team loosely term the ‘next-generation enterprise data management’ segment. Specifically, we’ve seen both PolarLake and Cadis Software – both of which followed the furrow ploughed over the years by the likes of Asset Control and Goldensource – snapped up by Bloomberg and Markit....
Talking Reference Data with Andrew Delaney: Enterprise Data and the Desktop
There were raised eyebrows at yesterday’s launch function for Bloomberg’s new App Portal, when enterprise chief Stanley Young described the new capability as “disruptive”. Effectively a marketplace for buying third-party applications that operate within the Bloomberg Professional desktop environment, App Portal could be viewed as nothing more as a latecomer to the third-party optional services...