Data Management Insight Blogs The latest content from across the platform
Opinion: 20 Points on the LEI Initiative
By Allan D. Grody, President, Financial InterGroup Holdings 1. There was a rush to pass legislation in the US after the onset of the financial crisis 2. The legislation was written piecemeal as you would expect since the financial industry itself is “piecemeal”, that translates into silos of business and piecemeal/silos of understanding 3. The…
Andrew’s Blog – Risk Architectures R Us
For those of you who missed last month’s seminar in London on approaches to risk data, fret no more: We will be continuing the debate next Thursday in a webinar with our friends from Lloyds Bank, Sybase and Fidessa; sign up here, it’s free, and it’ll also give you a flavour of what we have…
S&P Capital IQ Details Plans for QuantHouse and R2 Acquisitions
S&P Capital IQ has set out its store following the February acquisition of risk analytics provider R2 and the April addition of real-time exchange and market data supplier QuantHouse saying its existing products will be integrated with the new arrivals to deliver more and more innovative solutions. According to Lou Eccleston, president of S&P Capital…
Multiple Repositories Expected to Emerge for Derivatives Trade Reporting
Regulations requiring derivatives trades to be reported to data repositories are looming in the US and not far behind in Europe, yet uncertainty remains about what exactly must be reported, which firms must report and how many data repositories there will be on a global scale. Debating the problems and opportunities of reporting derivatives trades…
China’s CITIC Securities Moves into International Trading with GoldenSource
Beijing-based CITIC Securities has selected GoldenSource to provide a core enterprise data management (EDM) platform to support its move into international securities trading. The first phase of data management will use the GoldenSource Securities & Products solution as the security reference data platform.
SwiftRef Utility to Include LEI, Reference Data
Interbank messaging organisation Swift is suggesting that its SwiftRef payments reference data utility, which went live in January, will also host legal entity identifier (LEI) reference data when it becomes available later this year, and perhaps securities reference data as well. SwiftRef was conceived to fill a perceived market gap in accurate and up-to-date payments…
US Data Transparency Coalition Focuses on Federal Data in Capital Markets
The US Data Transparency Coalition (DTC) introduced last week to advocate for the standardisation of federal data published online, warns that without significant changes in electronic data creation and management capital markets remain open to a crisis on the scale of the 2008 collapse of Lehman Brothers. If that is a worst case scenario of…
XSP Shifts Corporate Actions Solution into the Cloud to Cut Client Costs
XSP has made its first move into the cloud with a lightweight version of its corporate actions processing solution. Called XSPrisa, the software-as-a-service (SaaS) offering is aimed at Tier 2 and top Tier 3 market participants that feel the company’s enterprise-scale software is beyond their reach. According to Daniel Retzer, chief technology officer at XSP,…
ECB’s Draghi Cites Data Granularity in Pursuit of Financial Stability
Mario Draghi, president of the European Central Bank (ECB), this week noted the need for a wider variety of granular data to sustain financial stability and more data to monitor and avoid potential systemic risk in unregulated financial institutions and markets.
Efama Launches Complaint About S&P ISIN Pricing in Switzerland
The European Fund and Asset Management Association’s (Efama) complaint against Standard & Poor’s practice of making end users of its International Securities Identification Numbers (ISINs) in Switzerland pay a licence charge and fees for the numbers is in the hands of the Swiss competition authority Wettbewerbskommission (Weko). A small scale dispute, perhaps, but one that…