Interactive Data Corp has appointed Rona Fairhead to its board as one of five Pearson-affiliated directors. She succeeds John Fallon, who resigned earlier this month. Fairhead is chief executive of the Financial Times Group, where she is responsible for overseeing the Financial Times newspaper, the Economist Group, the FTSE Group joint venture with the London Stock Exchange and Pearson’s stake in Interactive Data.
The EU Sustainable Finance Disclosure Regulation (SFDR) outlines extensive rules designed to ensure transparency across sustainable financial markets. It also demands huge volumes of non-financial ESG data to be sourced, managed and governed, some of which is difficult to find, and much of which is unstructured and of variable quality. The data challenge is exacerbated...
After much speculation, Accenture has revealed its first client for its Managed Reference Data Service (MRDS) outsourcing solution in hedge fund Citadel Investment Group. Additional clients are expected to follow in the coming months. Citadel, with $12 billion under management, has signed a 10-year agreement to outsource “key aspects” of its data management processes. This...
Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.
The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...