Data Management Insight Blogs The latest content from across the platform
Talking Reference Data with Andrew Delaney: LEI Progress Report 4
In a fourth progress note on the development of a global legal entity identifier (LEI) system, the Financial Stability Board (FSB) has named Switzerland as the likely home of the global LEI foundation that will operate the LEI system’s Central Operating Unit (COU). It also set out the preliminary criteria for the selection of a…
Broadridge’s Access Data Accelerates Processing with EMC Greenplum
Broadridge Financial’s Access Data unit is speeding up its data processing using EMC’s Greenplum Unified Analytics Platform. Using Greenplum, processing of a four billion record data store that once took eight hours to complete now just takes minutes, enabling Access Data to provide its clients with greater visibility into how assets are generated, allowing them…
Interactive Data Adds Corporate Actions Options to Apex Delivery Platform
Interactive Data is migrating its corporate actions data services to the Apex XML-based reference data delivery platform it introduced in October with a view to meeting growing market demand for automated solutions and emerging demand for corporate actions information not only in the back-office, but also in front-office trading and risk management applications. The company’s…
Talking Reference Data With Andrew Delaney: If It Ain’t STP, It Ain’t Worth a F*%£!
Elvis Costello is playing Southend Cliffs Pavilion next June and I’m getting tickets. Last time I saw him at the Cliffs was probably 1980 or thereabouts. (Last time I saw Chelsea lose 3-1 to West Ham [Yes, we were there Saturday] was 1973; Bobby Moore scored. But that’s a different matter….) Needless to say, he…
Coba Proposes Commercial Framework for European Consolidated Tape
The Coba Project, an organisation set up to propose a commercial framework for an industry-led pan-European consolidated tape, reports positive feedback from a letter outlining its plans that it sent to key industry stakeholders earlier this week. Coba’s proposal wraps up the standards recommended ahead of the letter by FIX Protocol Ltd. (FPL) for the…
Carney to Continue as Chair of Financial Stability Board
Mark Carney will continue his role as chair of the Financial Stability Board (FSB) when he steps down as governor of the Bank of Canada on June 1, 2013, and fills the same role at the Bank of England just a month later following the retirement of governor Mervyn King. Carney was appointed as chair…
Financial Services Firms Challenge Regulatory Process During FIMA Debate
Financial services firms called for a bigger picture of market regulation to help them avoid short-term and resource hungry tactical system changes at last week’s Financial Information Management (FIMA) Conference in London. A panel discussion, entitled ‘Developing new business approaches and bringing value to customers in the newly regulated world of legal entity identifiers, consolidated…
Standard Life Takes Stealthy Approach to Building a Data Warehouse
A stealthy rather than Big Bang approach to data warehousing can meet business requirements in a timely and cost-conscious way, and lay the foundations for a scalable solution, said Jim Shaw, solutions architect at Standard Life, as he presented a case study of data warehouse development at last week’s Financial Information Management (FIMA) Conference in…
Talking Reference Data with Andrew Delaney: The Quiet Rebirth of Interactive Data (Part 2)
It’s well known that Interactive Data Corp. can be a relatively conservative institution. This is in part due to its valuations business, which forces it to make judgments akin to those of a ratings agency, and sometimes results in a somewhat cautious corporate approach. And so there has been a distinct lack of the kind…
FIX Protocol Proposes Standards to Support a European Consolidated Tape
FIX Protocol Ltd. (FPL) has recommended standards to support the consolidation of trade reports and market data in European equity markets. It suggests the standards could play into the European consolidated tape mandated by MiFID and accelerate discussion about similar standards for fixed income and derivatives markets. The recommended standards are the result of work…