Data Management Insight Blogs The latest content from across the platform
Vulpes Cuts Costs with Markit’s Expanded Portfolio Valuations Service
Vulpes Investment Management has increased data accuracy and decreased vendor and technology costs by deploying valuations, risk and straight-through-processing (STP) provided by Markit. The Singapore-based investment manager was using different vendor systems to support portfolio management, execution, evaluation and risk across asset classes including exchange traded derivatives, private equity and illiquid debt holdings, but wanted…
Talking Reference Data with Andrew Delaney: Feeling the Collars of the Libor Traders
Financial institutions are bracing themselves for further regulatory clampdown on market pricing on the wake of the LIBOR and FX market manipulation scandals. As regulators draft new guidelines for benchmark data contributions, and UK Chancellor George Osborne signals increased scrutiny of the London FX market’s pricing procedures, data managers and compliance officers are assessing their…
Opinion: Piecing Together the Data Scientist Puzzle
By Dev Bhudia, Vice President, Product Management, GoldenSource Depending on whom you speak to, the definition of a data scientist seems to mean different things to different people. Some see it as a glorified number crunching role, while others believe the position requires someone more inquisitive to spot and respond to key trends. The role…
Markit IPO Marks a Milestone in Company History
Markit made its initial public offering (IPO) this week, pricing its shares at $24 and increasing the number offered by 17% to meet demand. The shares are listed on the Nasdaq Global Select Market and at the offer price value the London-based financial information services and data management company at over $4 billion. The IPO…
Misys Pitches Sophis Value as an IBOR Solution
Misys is responding to buy-side need for an Investment Book of Record (IBOR) with its Sophis Value cross-asset, front-to-back-office investment management suite. The positioning of Sophis Value as a solution that enables firms to maintain an IBOR comes ahead of a wider product positioning and rebranding campaign that is expected to improve the alignment of…
Azul and C24 Offer Compact In-Memory Storage Solution for Zing
Java specialist Azul Systems and messaging provider C24 Technologies have combined their expertise to deliver an in-memory storage solution compromising C24’s Simple Data Objects (SDO) message compaction technology integrated with Azul’s Zing Java virtual machine (JVM). The solution supports the Financial Products Markup Language (FpML), as well as FIX and ISO 20022 corporate actions messaging…
S&P Capital IQ Details Participation in Markit’s Open Messaging Network
S&P Capital IQ has joined the open messaging network set up by Markit as part of its collaboration services in October 2013. Users of the company’s desktop platform will be able to use the network for instant messaging beyond the S&P Capital IQ community, while S&P Capital IQ plans to build access to the network…
Markit Integrates MarkitSERV and Valuations Service to Increase Efficiency and Decrease Cost
Markit has connected its MarkitSERV trade processing service for OTC derivatives to its portfolio valuations service, allowing trades processed by MarkitSERV to be captured as they are confirmed, portfolios to be updated and valuations made without the need for a separate trade feed. As well as increasing operational efficiency, the connectivity is expected to reduce…
Charles River Shrink Wraps Compliance Solution to Offer Compliance as a Service
Charles River has packaged the compliance module of its Investment Management Solution to offer Compliance-as-a-Service (CaaS) to asset managers seeking economic and efficient start-of-day portfolio compliance. The service is cloud based and integrates software, data and advisory services that include writing and maintaining compliance system rules. It is designed to help small and medium-sized firms…
Markit Integrates Datasets to Deliver Enhanced iNAV for ETPs
Markit has integrated its fixed income evaluated pricing and fair value data services with exchange traded fund data to deliver an enhanced intraday net asset value (iNAV) service for exchange traded products (ETPs). The service is available immediately and is designed to improve transparency around ETP pricing. The company has offered an iNAV service for…