Correction: LSE SMF Pricing
The pricing for the London Stock Exchange’s Masterfile service was misstated in last month’s issue of Reference Data Review. User licenses are based on access to bands of Sedol codes: £500/year for few than 1,000 codes; £1,500/year for 1,000-5,000 codes; £5,000/year for 5,001-10,000 codes; and £15,000/year for more than 10,000 codes. For distributing vendors (and...
Mark-It Partners Secures Nine More Partner Investors
Mark-It Partners, the cleverly named credit data supplier, has received equity commitments from nine more of its data contributors, bringing to 13 the total number of institutions contributing both data and cash to the business. The latest commitment means that all founding contributors have now exercised options to invest in the company. Mark-It intends to...
FT Interactive Data Keen to Put SEC Pricing Slap Behind It
Financial Times Interactive Data (FT Interactive Data) will be anxious to dispel any industry disquiet caused by its settlement this month with the U.S. Securities & Exchange Commission (SEC). FT Interactive Data was named in the SEC’s civil fraud action against mutual fund company Heartland Advisers, allegedly for allowing Heartland to influence FT Interactive Data’s...
Telekurs, Soliton Team Up to Release Time Square VDF Interface
Swiss reference data vendor Telekurs has teamed up with Soliton to introduce an interface between its Valordata Feed (VDF) and Soliton’s Time Square data management system. VDF is being added to Soliton’s library of Vendor Data Acquisition Workflows, allowing firms to manage reference data workflow, from acquisition to distribution, through an automated process.
Mark-It Partners to Acquire LoanX Credit Price Supplier
U.K.-based Mark-It Partners, a provider of credit pricing information, plans to acquire LoanX, a U.S. supplier of syndicated loan data. Terms of the transaction were not disclosed. Mark-It says it plans to integrate LoanX’s data offerings with its own to create a multi-asset offering, including market valuations on corporate bonds, credit default swaps and syndicated...
SS&C Unveils Servers for Handling Reference Data
Trade and portfolio management software provider SS&C Technologies has been quietly developing a pair of server products that can be used to manage data flows into its own applications and those of other application providers. The company is now marketing Pricing Server and Market Data Server alongside its existing Camra, Antares and Altair products. According...
Reuters Renews Deal with S&P Securities Evaluations
Reuters has extended its long-standing deal with Standard & Poor’s Securities Evaluations. S&P will continue to redistribute 1.9 million Reuters/EJV taxable fixed income valuations, alongside fixed income evaluations and global pricing from other sources, including third-party services. According to Todd McGhee, of Reuters enterprise information products group, the S&P relationship predates Reuters’ ownership of EJV,...
Mark-it Signs Up 16 Institutions For Project Red
Mark-it Partners has signed up an initial 16 financial institutions to its reference entity database service, known as Project Red, which draws on alphanumeric codes created by Standard & Poor’s Cusip Bureau Service (Reference Data Review, September 2003). The database was founded earlier this year by three institutions – Deutsche Bank, Goldman Sachs and J.P....
Eaton Vance, J.P. Morgan Fleming Sign Up for FT Interactive Data Fair Value
Eaton Vance Management and J.P. Morgan Fleming Asset Management have signed up for FT Interactive Data’s Fair Value Information Service. The investment management firms will use the service to support fair valuation procedures for international equities held in mutual fund portfolios. The Fair Value Information Service helps funds derive fair value estimates for securities for...
Valuelink Introduces Shares in Issue Service
Valuelink has extended its validated date service with the addition of a new Shares in Issue service, supplied either as a stand-alone service or as an additional data item within existing ValueLink services. This is the third new service that the company has introduced this year, adding to a Securities Masterfile service launched in May...