Data Management Insight Blogs The latest content from across the platform
SEI Extends Operational Outsourcing Relationships with Multiple Mutual Fund Clients
SEI today announced that it has secured long term contract extensions with several existing mutual fund clients to provide full-service operational outsourcing through the company’s Advisors’ Inner Circle Fund (AIC) series trust offering. These multiple contract extensions, along with the two new series trust clients SEI signed recently, reflect a strong, continuing industry movement towards…
Now is Time for Discussion About Standards Migration and the “Science Bit”, Says ECB’s Gross
In a similar vein to their discussions during last year’s Sibos panel on the developments around the Office of Financial Research (OFR), the European Central Bank’s (ECB) head of external statistics Francis Gross championed the cause of regulatory led reference data standardisation at last week’s TSAM alongside EDM Council managing director Mike Atkin. Gross noted…
BVI’s Koop Talks up the Potential of FundsXML Standard in Europe, ISO Compatibility, Data Dictionary
Since its initial release in 2001, the FundsXML open standard has gained traction in a number of markets including Germany, Austria, the Netherlands and France for the electronic exchange of funds data. However, Thomas Koop, associate in research and market analysis for German investment fund and asset management industry association BVI, reckons it has the…
Information Mosaic’s New Recruit Wiley on Her Experiences at Swift, Corporate Actions Standards and Career Highlights
Earlier this month, post-trade focused solution vendor Information Mosaic added ex-Capital Group exec Sigrid Wiley to its team as a product specialist for the Americas region. Wiley speaks to Reference Data Review about her career highlights thus far, including her time at Swift, and how she hopes to bring her experience as a practitioner to bear…
Asset Management Division of Leading Canadian Bank Chooses Broadridge Canada’s Smart Fund Facts Solution
Broadridge Financial Solutions today announced that a leading Canadian bank has started a multi-year initiative to use Broadridge Canada’s Smart Fund Facts solution for the automated creation of regulatory point of sale (POS) fund facts documents. Donna Bristow, vice president, client management and strategic product development, Broadridge, Canada, commented, “The decision by this major Canadian…
Federated Approach to Data Management is Impractical, Say UBS’ Lux and Bachra
It is hard to develop good data governance practices with a federated approach to data management, according to Hans Lux, head of data architecture, and Jagtar Bachra, lead data analyst, both from UBS Global Asset Management. Speaking at this week’s TSAM in London, Lux and Bachra argued that a more traditional, centralised EDM approach would…
JWG’s Di Giammarino Promotes European Input into US OFR Developments Via New GRIS Group
European firms need to collaborate with each other if they are to provide practical input to important regulatory driven standardisation efforts such as the development of a new legal entity identifier by the US Office of Financial Research (OFR), according to JWG’s CEO PJ Di Giammarino. In order to facilitate this transatlantic feedback process, JWG’s…
Broadridge Launches Mobile Voting on Major Mobile Platforms
Broadridge Financial Solutions announced today that Mobile ProxyVote.com is now live and available for proxy voting and compatible with an array of market-leading mobile devices, including Verizon’s new Apple iPhone 4, as well as the BlackBerry, Android, Microsoft , tablets and other smartphone platforms. “The availability of ProxyVote on thousands of mobile devices is in…
The Talk of TSAM
There’s nothing like a good bit of gossip and industry conference floors are often a hotbed of such activity; this year’s TSAM was a case in point. The talk of the show floor within the back office buy side community, much the same as last year’s FIMA, was legal entity identification, including Swift’s decision to…
BNY Mellon Asset Servicing appoints Sue Baines as Head of Sales for EMEA
BNY Mellon Asset Servicing has announced the appointment of Sue Baines as head of sales for Europe, Middle East & Africa (EMEA). Baines will have responsibility for asset servicing sales and marketing across the EMEA region. She will be based in London, reporting to Frank Froud, head of EMEA for the Asset Servicing business. Baines…