Data Management Insight Blogs The latest content from across the platform
QCM Establishes Business Development Office in Tokyo
Quality Capital Management (‘QCM’), the UK-based systematic macro hedge fund manager, today announced that it has established an office in Tokyo, headed by Osamu Nishimura, Head of Business Development for Japan. The official opening of QCM’s office in Japan enables the firm to further develop its investor base in Japan and the wider Asia Pacific…
SEC Division of Investment Management Names Robert Plaze as Deputy Director and Diane Blizzard as Managing Executive
The Securities and Exchange Commission today announced that Robert E. Plaze has been named Deputy Director in the Division of Investment Management and Diane C. Blizzard has been named Managing Executive of the Division. As Deputy Director, Mr. Plaze will play an integral role in the Division’s regulatory program under the Investment Company and Investment…
Legal Entity ID Working Paper Highlights Change in Regulatory Priorities and Potentially High Costs of Implementation
A recent working paper on the practicalities of establishing a legal entity identifier database highlights the tough challenges ahead and rather than promoting an extensive reference data collection exercise, it suggests that a ‘less is more’ approach is the only sensible way to proceed. The paper is a continuation of the research that was initially…
SGSS Highlights Expedited Data Support for Outsourced Customer Credit Suisse Asset Management in Germany
As part of its outsourcing deal with the Germany-based asset manager, Société Générale Securities Services (SGSS) migrated Credit Suisse Asset Management’s data in just six months, according to the asset servicing firm. The implementation involved moving data regarding 66 funds and around 7,000 individual positions to investment management system SimCorp Dimension. Credit Suisse Asset Management…
Citi’s Data Quality Expert Berlanger to Depart Next Week
After five years as director in charge of data quality at Citi, Geert Berlanger is heading for pastures new. Berlanger, who has been heavily engaged in the firm’s counterparty data management project over the last few years (it was kicked off by chief data officer John Bottega back in 2007), will be leaving the firm…
Loan Market Association Elects New Directors
The following new Directors were elected to the LMA Board at the AGM on 29 June, 2011: Jonathan Macdonald (Barclays Capital), Sean Malone(The Royal Bank of Scotland) and Greig Morrish (Invesco UK Limited). At the Board meeting immediately following the AGM, Ian Fitzgerald (Lloyds Banking Group) was elected Chairman of the Loan Market Association. Elected…
SEC Plans 7 July Roundtable on IFRS Preparedness and Regulatory Impacts
The Securities and Exchange Commission (SEC) has indicated that it will be holding a public roundtable next week to discuss the industry’s current state of preparedness for a move to International Financial Reporting Standards (IFRS). The 7 July event will include three panel discussions on the subject of potential accounting system changes, as the US…
Oracle’s Khanna Elaborates on its Joint Project Work with the Data and Risk Vendor Community
Oracle is working with a number of vendor clients, including data management solution vendors GoldenSource, Asset Control and Polarlake, on joint implementation projects to build out reference data management capabilities. Ambreesh Khanna, vice president of technology and systems at Oracle Financial Services’ Global Business Unit, explains to Reference Data Review that the main driver behind these…
One Client Has Moved from 24% to 100% Data Quality Compliance via Omgeo’s SI Compliance Scan, Says Meenaghan
Omgeo has this month launched new functionality for its settlement and account instruction (SSI) database that Bill Meenaghan, global product manager for the vendor’s Alert platform, claims has allowed one client to move from 24% to 100% data quality compliance within a matter of weeks. The SI Compliance Scan functionality is therefore aimed at helping…
Talend MDM Stretches Beyond 100 Million Master Record Milestone on Commodity Server
Talend, a global open source software leader, today announced that Talend MDM Enterprise Edition, the leading open source Master Data Management (MDM) solution, can now scale to master more than 100 million records on a single $1200 server, providing the ability to accommodate virtually any volume of master data. Released in 2010, Talend MDM is…