Asset Control Responds to Growing Data Management Demand with New Hires, Offices
Asset Control, the worldwide leader in financial data management solutions, announced today business expansion efforts including new office openings and the addition of sales staff in Asia and North America to meet growing customer demand. Asia In addition to its office in Hong Kong, Asset Control has opened a new office in Tokyo, Japan. Akifumi...
Kurtosys Announces the Availability of Their Next Generation Reporting Solution
Kurtosys Systems Limited – a global provider of client communications solutions, products and services today announces the availability of their next generation reporting solution. Kurtosys Reporting Solution (KRS) represents the results of research into trends within client servicing and valued input from Kurtosys’ customers and partners to make available a truly business user friendly solution...
Patni Computer Systems Unveils Reference Data Management Solution for Financial Services Firms
Patni Computer Systems, a global IT and BPO services provider, today introduced PatniRADAR, a multi-step Reference and Data Rationalisation (RADAR) program that will help financial services companies mitigate their risk and rationalise the cost of managing their reference data. PatniRADAR is a fixed-price, fixed-deliverable solution, with a short-duration engagement, aimed at achieving significant and quick...
Great Eastern Life Selects Eagle’s Enterprise Data Management Platform
Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced that Great Eastern Life, Singapore’s leading life insurance group, has selected Eagle’s enterprise data management solution to consolidate and aggregate its investment data to help streamline its operations and respond to regulatory requirements. Data management remains a priority...
Baader Bank Rationalises Data Needs with Cadis Platform
Baader Bank, Germany’s leading specialist in securities trading, has consolidated its data needs via the Cadis EDM platform. Cadis, the global EDM specialist, has connected all of Baader Bank’s data providers into a central security master, increasing transparency and traceability. The decision to partner with Cadis on this and future data management plans comes after...
Northern Trust’s Skinner Elaborates on its Data Management Shared Services Centre Development
Northern Trust has been engaged in developing a shared service centre for reference data in order to support its individual business lines over the last year or so, Nick Skinner, vice president of global data management at the custodian bank, explained to delegates at this year’s FIMA. The greatest challenges, according to Skinner, have been...
Deutsche Bank’s Fletcher Discusses Technology Silo Reduction for Data Management
Deutsche Bank has recognised that a silo-based model for data management is not sustainable and is looking to develop more enterprise-wide focused technology, said Neil Fletcher, IT director for reference data at the bank. The increase in the volume of transactions has meant the production of more reference and market data, which has put pressure...
Perry Discusses Goldman Sachs’ Creation of a Central Instrument Reference Database for its Global Operations
Goldman Sachs has taken a step by step approach towards developing a centralised instrument reference database to support its global operations, according to Jim Perry, vice president of product data quality at the investment bank. Speaking at FIMA earlier this month in London (in addition to his earlier panel slot on regulation), Perry elaborated on...
Improving Data Quality to Support Valuations is a Key Focus for Invesco Perpetual, Says Shrubsole
Invesco Perpetual is currently focusing on ensuring data quality standards are being met in order to support the buy side firm’s fair value processes, regulatory compliance and the risk and performance function, explained head of data management Ian Shrubsole. “We want to be able to rationalise and consolidate our operations, but we also need to...
ING Investment Management Has Banned the Term ‘Golden Copy’, Says Murphy
Proving that for some institutions the approach to data management is changing dramatically, Nick Murphy, data specialist for pricing and evaluations at ING Investment Management, told delegates to last week’s FIMA that his own firm has banned the term “golden copy” from use. The focus is on maintaining centralised and standardised data for instruments, but...