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Interactive Data Delivers Faster Corporate Actions
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced new enhancements to its global Corporate Actions Service. Interactive Data has introduced new technology and internal workflow to deliver comprehensive global corporate actions and related information throughout the day that can help firms with their trading strategies and more effectively…
Middle Office Cinderella Finally Getting its Day in the Spotlight Due to New Transparency Requirements, Says Op Risk Panel
The new transparency requirements that are being mooted as part of the MiFID review process by the Committee of European Securities Regulators (CESR) have resulted in a surge of interest and investment in the middle office, according to panellists discussing operational risk at last week’s Xtrakter user conference. Godfried De Vidts, director of European Affairs…
Consensus is the Hardest Word
If nothing else, the reference data utility panel at last week’s Xtrakter conference again proved how difficult it is to agree on the best way to proceed with data standardisation, even if the conversation about the subject has been ongoing for several years. Francis Gross, head of the external statistics division at the European Central…
September 2014 is Revised Deadline for T2S; New Directive Poses Potential Threat
As noted by Reference Data Review earlier this year, the launch of the European Central Bank’s (ECB) Target2-Securities (T2S) project has been delayed by at least a year due to a “longer than expected” development phase. Hugh Simpson, senior advisor to the T2S programme from Bourse Consult, told delegates to last week’s Xtrakter user conference that new…
DTCC Significantly Increases Securities Covered by Global Corporate Action Validation Service
The Depository Trust & Clearing Corporation (DTCC) announced today that it has significantly increased the number of securities in its coverage of corporate actions announced through its Global Corporate Action Validation Service (GCA VS). The GCA VS, a service of DTCC Solutions LLC, provides the largest centralised source of “scrubbed” corporate action announcement information for…
PaceMetrics’ Giblin and Boon Talk up the Benefits of a Lean EDM Model
It may have been a quiet start for PaceMetrics in the enterprise data management (EDM) space when it bagged its first EDM client back in 2004, but the vendor is hoping to raise its profile in the space over the course of this year, according to CEO Gerry Giblin and director of global sales and…
Amplifying the Data Issue
If there was one main message to be gleaned from our counterparty data and risk management seminar this week, it was that the current regulatory and risk management focus on entity data is proving to be of benefit to the data management community as a whole. The scrutiny of firms’ counterparty data management as a…
SAS Focuses on Risk Data Integration, GRC and High Performance Risk in 2010, Says Rogers
Following the signing of a partnership agreement with derivatives analytics vendor Fincad at the start of this year, SAS has been steadily investing in its overall risk solution set over the course of the last five months, including adding more credit scoring capabilities to its SAS Risk Management for Banking. David Rogers, SAS global product…
LSE’s Husler Explains Decision Behind the Move of its Transaction Reporting Service onto UnaVista
The London Stock Exchange (LSE) has offered a transaction reporting service, dubbed the Exchange Reporting Service (ERS), since 2002, but has recently moved the service onto its web-hosted platform UnaVista. According to Mark Husler, head of information services business development at the LSE, the exchange operator decided to move the service onto the platform in…
Confluence Helps Fund Administrators Manage New Complex Money Market Fund Reporting Mandates
Confluence, a global leader in investment management data automation, today announced new software to help fund administrators manage complex Money Market Fund Reform Rule reporting recently mandated by the US Securities and Exchange Commission (SEC). Unity Regulatory Reporting delivers an automated solution to the complex challenge of preparing and filing the SEC’s required Form N-MFP,…