SmartCo Announces Formal Partnership with FINGANCE GmbH
SmartCo is pleased to announce its formal partnership with FINGANCE GmbH, as an exclusive partner to sell and implement the SmartCo DataHub solution in Germany, Austria and Switzerland. SmartCo is a global leader in the reference and market data management software solutions industry, bringing innovative solutions to the buy side, sell side and securities services....
Cadis Hosts SIX Telekurs Data
Cadis, the global EDM specialist, today announced the availability of a Cadis hosted version of SIX Telekurs’ main product, the Valordata Feed (VDF). The Cadis SaaS version will enable SIX Telekurs clients to consume all VDF data in any file format, at any latency within hours. Daniel Simpson, CEO of Cadis said: “Our hosted version...
JWG’s Di Giammarino Elaborates on Data Shortcomings of Industry’s Attempt to “Know Your Exposure”
Industry think tank JWG has just completed a research project into the industry’s level of preparation for the risk management challenges involved in the incoming tsunami of regulatory requirements that indicates a lot still needs to be done to get the right level of risk data consistency and accuracy. Conducted over the summer months and...
FSA’s Lawrence Warns Firms of the Importance of Accurate Funds Transfer Pricing for Risk Management
Enterprise risk management is at the heart of the funds transfer pricing (FTP) challenge, explained Colin Lawrence, director of the Prudential Risk Division of the UK Financial Services Authority (FSA) to attendees at the JWG FTP event in London earlier this week. All risk types are closely linked and must be treated as such in...
Netik Appoints Neicho as Head of Global Business Development
Netik, a global leading provider of financial data management and reporting services and products, announced today the appointment of Luke Neicho to the role of head of global business development. He will report directly to newly appointed John Mason, chief operating officer of Netik. Neicho joins from Eagle Investment Systems, a subsidiary of BNY Mellon,...
QBE European Operations Selects DataFlux to Improve the Value of its Corporate Information
DataFlux, a provider of data management solutions, today announced that QBE, a business insurance specialist with operations in 18 European markets, has selected DataFlux technology to help it improve the quality of data within its European data warehouse and to enhance its data migration process for systems consolidation. QBE will use DataFlux technology to standardise,...
PaceMetrics Boosts Product Management Team with Appointment of Principal Consultant
PaceMetrics, a global provider of process-driven enterprise data management and process monitoring solutions, today announced that Patrick James “PJ” O’Kane has been appointed as principal consultant. With a strong background in pricing and risk management in banking, O’Kane will be responsible for expanding the PaceMetrics product suite. As part of this he will focus on...
Investec’s Gatfield, HSBC’s Hamilton and RBS’ Gibbons Agree on the Benefits of a Centralised Data Management Hub
A unified back office system with a centralised data management hub allows for the obvious benefits of global consistency of data, a reduction in operational costs (apart from the initial outlay) and the ability to meet risk management requirements, agreed panellists at SunGard’s City Day in London last week. Trevor Gatfield, head of securities operations...
UK’s CRC Deadline is Thursday 30 September, 2,598 Registered Thus Far
This week sees the deadline for UK public and private sector organisations required to register their businesses under the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) roll around and 2,598 have signed up thus far, according to yesterday’s figures from the UK Environment Agency. Firms have until 30 September (Thursday) to register for the new...
Ex-Reuters Head Bannocks Joins Nomura International as MD in Charge of Ref Data Programmes
After six years at Thomson Reuters, most recently as head of post trade services, Christopher Bannocks has left the vendor to join Japanese firm Nomura’s UK-based Nomura International team as managing director in charge of reference data programmes. Prior to his exit, Bannocks moved from the Enterprise division to the front office focused Sales and...