Data Management Insight Blogs The latest content from across the platform
Talking Reference Data with Andrew Delaney: Frying Pan – Fire
Two major financial data providers announced their third-quarter results in the past few days. A bit of minor drill-down suggests that reference data and related services are playing a significant role and could point the way forward to future growth. The latest numbers from NYSE Euronext, which reported its third-quarter earnings this week, don’t look…
G20 Endorses Next Phase of Global LEI System Development as March 2013 Deadline Looms
The creation of a global legal entity identifier (LEI) system under the watchful eye of the Financial Stability Board has taken a major step forwards with the endorsement by G20 financial ministers and central bank governors on Monday 5 November of the Regulatory Oversight Committee (ROC) for the system. While G20 approval for the charter…
Nasdaq OMX Plans to Add Mergent’s Indxis Services as it Builds Out Index Business
Nasdaq OMX plans to build out its index provision through the acquisition of Mergent subsidiary Indxis, a vendor of index services including creation, licensing and calculation. Terms of the acquisition have not been disclosed, but the deal is described by Nasdaq OMX as a strategic move in a mission the company has been on over…
Talking Reference Data with Andrew Delaney: Murdoch’s Dow Excitement
Amid the twin distractions of the two Ss – Sandy and Sibos – an innocuous Tweet by no less than Rupert Murdoch almost passed us by this week. It read: Most of this week with Dow Jones team. Exciting things coming soon. And it was accompanied by the photo above. That looks an awful lot…
Interactive Data Unveils Apex XML-Delivered Reference Data Suite
Interactive Data has responded to market demand for easy and cost-effective access to reference data with the introduction of Apex, a selection of reference data service delivery and access mechanisms including intraday data transfer, event-based messaging, web-services applications program interfaces (APIs) and a hosted managed database service. Acknowledging growing customer interest in data standards for…
LEI Development Embraces Change and Picks up Speed Ahead of G20 Meeting
The Financial Stability Board’s (FSB) third progress note on the legal entity identifier (LEI) initiative, released last week, has met with a positive response from those involved in shaping the system, potential infrastructure providers and market data vendors, despite changes to some proposals and the collapse of perceptions that have built up during debate on…
Interactive Data Provides Evaluated Pricing for INTEXcalc and Pushes on with Vantage Transparency Platform
Intex Solutions, a provider of structured securities deal models and cashflow analytics, has selected Interactive Data to provide independent evaluated prices on a range of securitised bonds for use in its INTEXcalc cashflow analysis application. The application is designed to offer transparency, ease of use and speed in analysing structured financial securities. The Interactive Data…
Talking Reference Data with Andrew Delaney: Valuations and Electronic OTC Markets
While all eyes seem to be on the LEI and its tortuous birth, many of our clients and contacts are preparing – perhaps more quietly – for perhaps the other great challenge or opportunity of 2013: valuations. Before I set off for New York a couple of weeks ago, I was fortunate to catch up…
Capco Proposes the Creation of a Data Culture to Advance Data Management
Financial firms are falling short on data management issues such as calculating the true cost of data, identifying the operational cost savings of improved data management and embracing social media data, but according to research by consultancy Capco, these issues can be resolved with a cross-organisational and practical approach to data management and the development…
Euroclear Bank and SmartStream Plan Central Data Utility for Reference Data
Euroclear Bank’s partnership with SmartStream, announced early this week, will deliver a centralised reference data utility service designed to deliver high-quality data from a neutral source, reduce mismatches in reference data, cut back-office costs and provide an intra-day view of markets. The first service dedicated to Eurobond data will be available towards the end of…