Data Management Insight Blogs The latest content from across the platform
Netik Acquires CorrectNet
Netik LLC, a Symphony Technology Group (STG) portfolio company and leading global financial information management provider, announced today the acquisition of CorrectNet, the market leader in managed client communications and delivery. The union of CorrectNet with Netik’s information management products and services is highly complementary and unique to the market place. STG provided the capital…
SunGard Announces Chief Executive Officer Transition
SunGard, one of the world’s leading software and technology services companies, today announced that Russell Fradin will succeed Cristóbal Conde as SunGard’s chief executive officer on May 31, 2011. Mr. Fradin will also become a member of SunGard’s Board of Directors. Mr. Fradin joins SunGard after serving as chairman and chief executive officer of Aon…
State Street Appoints Global Head of Sales for Alternative Investment Solutions Business
State Street Corporation, one of the world’s leading providers of financial services to institutional investors, announced today that it has appointed Maria Cantillon as global head of sales for State Street’s Alternative Investment Solutions business. Based in London, Cantillon, reports to Scott FitzGerald, head of sales for State Street’s Global Services Americas business. Cantillon was…
Schroders Builds Out its Global Investment Management & Research Platform
Schroders is today announcing the appointment of Kate Jones as Head of Investment Services, taking investment responsibility for developing the next generation global investment operating platform. Kate joins from BlackRock where she was Head of Structured Solutions Portfolio Management for Europe. In this capacity, she was responsible for Portfolio Management of Liability Driven Investment, Asset…
EFAMA Calls on the EU Commission to Protect European Data Users in the ISIN Case and Finds S&P’s Commitments Insufficient
Today, the European Commission published Standard & Poor’s (“S&P”) commitments to settle the ISIN dispute pending before the Commission since 2008. The European Fund and Asset Management Association (EFAMA) believes that the complainants primary goal is now within reach, this is that the use of ISINs issued by S&P to end users in Europe becomes…
GS1 Continues its Campaign to be Selected as OFR’s Standards Administrator
ISO may be the bookie’s favourite to be selected as the Office of Financial Research’s (OFR) standards provider, given its expedited drafting of a legal entity ID standard and its recent selection of Swift as its registration authority for that standard, but that has not deterred standards body GS1 in its own bid to become…
Talend Becomes a Sponsor of The Apache Software Foundation
Talend, a global open source software leader, today announced that it has become an Apache Software Foundation (ASF) sponsor, furthering its commitment to open source. Talend’s sponsorship of the non-profit, volunteer-run foundation will help aid organisational, legal and financial support for a broad range of Apache licensed projects. Current sponsors of The Apache Software Foundation…
ISDA Responds to the Financial Stability Board Report on OTC Derivatives Markets Reforms Implementation
The International Swaps and Derivatives Association (ISDA) has submitted its response to the Financial Stability Board’s (FSB) progress report on OTC derivatives market reforms, published on April 15, 2011. The work of the FSB is vital to ensuring that regulatory reform is consistent across different regions, and ISDA believes that the progress report offers a…
Firms Face More Data Disclosure Around Level 3 Asset Valuations, Following FASB and IASB Agreement on Fair Value
Regulators may be at odds with each other this week regarding the definition of what constitutes a firm that is systemically risky, but significant progress has been made on the standards front by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) in agreeing a global definition for “fair value”. The…
Calastone Advocates Market Wide Re-registration and Interoperability of Service
Calastone, the global messaging and settlement transaction network for the mutual fund industry, announces that it is on schedule to deliver the first solution for re-registration to market whilst at the same time offering to extend usage and connectivity to other re-registration service suppliers. Connecting via the UK market practice group message standard, the agreed…