Data Management Insight Blogs The latest content from across the platform
Talking Reference Data with Andrew Delaney: Why We Care About the LEI
Maybe like me you’ve been slightly bewildered by the comings and goings in the market’s attempts to come up with a plan for a steadfast legal entity identifier (LEI) that everyone can use? Particularly the frenetic pace of sometimes daily change in direction, as stakeholders switched allegiances, and adopted and dropped plans, and interested parties…
Markit Closes Cadis Deal, Rebrands as Markit EDM
Markit has completed the acquisition of Cadis, and will rebrand the data management platform under the Markit Enterprise Data Management banner. The company will sit alongside Markit’s other enterprise businesses, among them Markit Analytics, Markit Portfolio Management and Markit on Demand. As reported, CEO Daniel Simpson will continue to run the business. He’ll also join…
FSB Outlines Plans for Federated Access to Centralised ISO 17442-Based LEI Database
The Financial Stability Board (FSB) has outlined details of the global legal entity identifier (LEI) system that it will propose at the forthcoming G20 meeting on June 18-19 in Los Cabos, Mexico. The system would involve the creation of “a ‘logically’ centralised database of identifiers and corresponding reference data” that would appear seamless to users…
Cusip Global Services Talks Down Open Symbology Initiatives and Favours Standards
Cusip Global Services (CGS), the provider of Cusip securities identifiers owned by the American Bankers Association and managed by S&P Capital IQ, has set the cat among the pigeons by criticising proprietary symbologies for their lack of efficient operability. Rather, CGS reckons that standards, supported by organisations such as itself, are the only way forward towards efficient and reliable capital markets. A report on the power…
Asset Control Sees Broadening of Data Management Requirement in Japan
Asset Control’s decision to open an office in Tokyo – announced today – stems from a heightened level of interest both from the Japanese financial centre’s major banking institutions and the key service agents that provide trading-related capabilities to much of the domestic market. The data management platform provider has announced plans to bolster its…
Talking Reference Data with Andrew Delaney: ReferenceDataReview 2.0
In case you hadn’t already noticed, we used our Data Management Summit on May 22 to introduce our new ReferenceDataReview.com website. We officially relaunched RDR – which we first introduced back in 2003, when reference data was no more than a twinkle in the financial data segment’s eye – last week. The response so far…
FSB’s New LEI Deadline Puts Market Under Pressure Amid Continued Uncertainty
The Financial Stability Board’s (FSB) decision to set a deadline of March 2013 for the introduction of a global legal entity identifier (LEI) system may be tight, but industry experts say it can be achieved by using existing infrastructure and following the board’s federated approach to a global solution. The deadline was set by the…
Bloomberg Coup as it Hires NYSE Technologies’ CEO to Spearhead Enterprise
In a coup for Bloomberg, the vendor has appointed Stanley Young, who was until very recently the CEO of NYSE Technologies, as head of the Bloomberg Enterprise Products and Solutions Division. Young’s jumping ship to Bloomberg is a blow to NYSE Euronext but another sign of Bloomberg’s serious intent to develop the enterprise area, coming…
BTG Pactual Transforms Data Management with Asset Control’s AC Plus
Brazilian investment bank BTG Pactual is implementing Asset Control’s AC Plus data management solution to optimise data and risk management ahead of a major push into international markets. The implementation of the data management system, one of the first in Latin America, is under way with a deadline to finish the initial stage of the…
Avox Replaces Free Wiki-Data Service with AvoxData
Avox, a DTCC subsidiary and provider of reference information on legal entities, is replacing its free wiki-data service with AvoxData, a web service that will continue to provide free wiki-data type content, but also a subscription element for access to more detailed business entity records. AvoxData was developed with an Avox client and went live…