Data Management Insight Blogs The latest content from across the platform
Quartet FS Opens Access to ActivePivot Analytics Engine
Quartet FS has opened access to its ActivePivot in-memory analytics engine by adding support for a number of non-proprietary front-end user interfaces to the software. As an alternative to the Quartet FS Live interface, the company is offering access to ActivePivot through visualisation tools that are compatible with the Multidimensional Expressions (MDX) query language for…
Thomson Reuters Joins Fatca Fray with Modular Compliance Solution
Thomson Reuters has joined the growing group of vendors providing compliance solutions for the US Foreign Account Tax Compliance Act (Fatca) that came into effect on January 1. Its offer is a modular, yet holistic, solution that can flex in response to elements of the legislation that are still to be determined or may change…
Talking Reference Data with Andrew Delaney: The Billion Dollar Startup
Last year was a busy year from Standard & Poor’s, or at least for the part of Standard & Poor’s that is now known as S&P Capital IQ. President Lou Eccleston – who cut his teeth in our industry as part of the core management team of Bloomberg, where he headed sales for many years…
SunGard Makes its Mark in Corporate Actions Market through XSP Acquisition
SunGard’s acquisition of XcitekSolutionsPlus (XSP) marks a major step up in the corporate actions market for SunGard and marks an erosion of the population of independent corporate actions platform specialists. The deal, details of which have not been disclosed, was done late last year with XSP becoming part of SunGard’s capital markets business on December…
Numerix Adjusts Reference Data Structure to Add Multiple Pricing Curves to Portfolio
Numerix has added out-of-the-box multi-curve modelling to its Portfolio front and middle-office application for pricing, managing risk and hedging structured products, giving users the ability to generate more precise valuations and risk measurements of collateralised structured products. The additional functionality is available in the company’s pricing library and the Portfolio product immediately and follows the…
Volksbank Employs MXG Team for Misys to Murex Migration
Volksbank ?sterreich is working with Murex system integrator MXG Team to migrate its trading and risk management activities from Misys Summit and Kondor+ platforms to a single Murex 3.1 MXpress platform. Phase 1 of the project was completed at the end of November 2012 and migrated a Summit front-to-back office system to the Murex platform…
US Senate Names Former Morgan Stanley Economist Berner as OFR Director
The US Senate has named former Morgan Stanley executive Richard Berner as the first director of the Office of Financial Research (OFR). The OFR was set up under the Dodd-Frank legislation within the US Treasury Department and charged with tasks such as the development of a global legal entity identifier (LEI) system that will improve…
Australia’s ASIC Taps First Derivatives Big Data Solution for Market Surveillance
The Australian Securities & Investments Commission (ASIC)’s selection of First Derivatives’ Delta Stream+ Market Surveillance solution is aimed at giving the regulator the same kinds of tools available to high frequency traders for monitoring market activity and identifying possible fraudulent behaviour. The deployment of Delta Stream+ is seen as an early application of big data…
Bloomberg Offers Cautious Welcome to European Commission Decision on Thomson Reuters’ RICs
Bloomberg has responded to the European Commission’s decision to accept proposals from Thomson Reuters that open its Reuters Instrument Codes (RICs) to greater market use, by welcoming the change, but warning that compliance is critical if an open market for consolidated real-time data feeds is to be created. The company stated: “In a press release…
Thomson Reuters to Open Up RICs for Consolidated Feeds Under EC Settlement
The European Commission has ended its lengthy enquiry into Thomson Reuters’ licensing policies for Reuters Instrument Codes (RICs), accepting commitments from the company that will create a more fluid market for real-time consolidated data feeds. The deal creates a new environment for Thomson Reuters as it finds itself competing in an increasingly open market. The…