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ValueLink Signs Another Dublin Client In Custom House
Dublin-based Custom House Administration and Corporate Services has signed to take validated data from UK provider Value Link Information Services. Custom House will be using ValueLink’s validated securities pricing and corporate action data within its administration services for over 160 alternative investment hedge funds. David Blair, managing director of Custom House, which bills itself as…
Axioma Partners For Fame Data In Portfolio Software
Fame Information Services has formed a partnership with Axioma, a New York developer of portfolio construction and optimisation software to provide clients with integration between Fame’s financial database products and Axioma’s PortfolioPrecision software. At the heart of the alliance is a modular data loader that connects directly to Fame databases without any custom integration. Pre-configured…
First American Picks XSP For Corporate Actions
California investment adviser First American Trust is to use Xcitek software to automate its corporate actions processing. The Xcitek Solutions Plus (XSP) ISO 15022-compliant global corporate actions automation solution developed by New York-based data company Xcitek and Solutions Plus will be used by First American to manage corporate actions processes and monitor exceptions by automating…
Big Fish Jumps from Surprisingly Large Pond
The first few months in the life of a new publication are, understandably, fraught times for the perpetrators. Like cinema or theatre, there is a balance of business and creative activity to be achieved, and you can be successful in neither, either or both. We feel optimistic about which of those Reference Data Review is…
RDUG Opens Doors To Vendors As Reuters Scales Back STP Programme
The Reference Data Users Group is opening its doors to more vendor participation, moving away from the perception that it is a Reuters-led organization. In large part this is due to Reuters abandoning its high profile STP Programme and with it the team led by RDUG figurehead Tony Kirby. Despite leaving Reuters, Kirby is still…
Targetting Standards
FT Interactive Data has spent much of the recent past consolidating its datasets to address the needs of its customers internationally. Reference Data Review spoke to Tom Aubrey, European markets director, about the company’s view of the market. “If you explain to people outside the securities industry that in effect the industry can’t agree on…
Reference Data User Groups Move Closer as Regulators Tighten Controls
The European Reference Data Users Group is moving to forge closer alliances with its counterparts in the US, including the Reference Data Coalition (Redac), as financial industry regulators impose tighter global controls. Reuters’ Anthony Kirby, chairman of RDUG, told a conference at the recent FinExpo event that financial services firms need to examine reference data…
Banc of America Plans Expansion of Internal Reference Database
Banc of America Securities is planning to expand an internal reference database that it developed with Financial Technologies International with the addition of further instruments and functionality. Alan Rosenthal vice president of IT business architecture at BoA told the recent FinExpo conference in London that the bank has been able to realise $16,000 a month…
JP Morgan Investor Services Votes For Crest
JPMorgan Investor Services is to use the recently launched Crest service for electronic voting. It provides an end-to-end electronic process for all corporate actions, including meeting notification and vote instructions from the issuer’s agent to the institutional investor. JPMorgan is using the service as part of its efforts to help clients meet the increasing corporate…
FTI Heads East With India Development Centre
Financial Technologies International (FTI), has opened a new software development and service centre in Mumbai, India. FTI will work with TCG, an Indian outsourcing specialist, to operate the Development and Service Centre. TCG has previously worked with a variety of US firms including Sybase, United Airlines, i2 Technologies, and Computer Associates, and will use the…