RegTech Insight Blogs The latest content from across the platform
Central Instrument Model, Compliance with ISO 19312 Key in MDDL 3.0, But Does the Market Really Want it?
Version 3.0 of MDDL (Market Data Definition Language) is now available, but the jury’s out on whether the latest iteration of the XML dialect for securities market data will be greeted with any greater degree of enthusiasm by the market than its predecessors. GoldenSource – historically a strong advocate of the standard – has not…
Bimcor Leverages Eagle for Daily Performance Results, Building on Centralised Data Hub
Canadian pension fund manager Bimcor has experienced improved data management and data analysis capabilities after streamlining processes using data management and performance solutions from Eagle Investment Systems. The firm has now completed a project to implement a range of Eagle technology which began in 2004. Bimcor is a wholly owned subsidiary of BCE Inc and…
Firms Will Spend $1.67 Billion on EDM in 2007, Aite Finds, But Most Don’t Plan to Hire Chief Data Officers
Enterprise data management (EDM) initiatives will account for $1.67 billion of spending by financial services firms in 2007, driven in the US by securities reference data challenges and data silos, and in Europe by the requirement to control client and counterparty data to comply with regulation such as MiFID and Basel II. So says analyst…
Europe Arab Bank Signs with CounterpartyLink for Entity Data
CounterpartyLink has announced a three year, enterprise-wide agreement to provide legal entity data to Europe Arab Bank (EAB) in London. EAB is a new wholly-owned subsidiary of Arab Bank, providing a niche service to European companies and individuals wishing to transact with the MENA region. Philip Hindley, head of compliance at EAB, says the bank…
Avox Includes Fitch Credit Opinions in Counterparty Data
Avox and global ratings agency Fitch Ratings have signed a co-operation agreement to enable linkages to Fitch company identifiers and credit opinions within Avox’s counterparty data offering. Avox supplements its clients’ data records with information from Fitch Ratings as part of its counterparty data validation, cleansing and maintenance service. Ken Price, CEO of Avox, says:…
Interactive Data Leverages Pricing, Reference Data for MiFID Offer
Interactive Data Corp is leveraging the assets of its Pricing and Reference Data unit, as well as those of its Real-Time Services group, to offer a range of services aimed at helping clients meet their obligations under the EU’s Markets in Financial Instruments Directive (MiFID). Interactive Data believes its real-time and reference data services units…
The New Cross-Asset Trading Challenge
The traditional separation of asset classes into distinct business organizations with incompatible trading systems is an idea whose time has ended. Today the growing quest to automate every variety of asset trading – and in so doing to make possible the trading of assets among different classes – has created a growing business case for…
Who’s Ready for SEPA? By Andrew Foulds, head of client services, CB.Net
As the Single Euro Payments Area (SEPA) deadline looms, there is a sense of panic growing among organisations, many of which are not prepared for the significant changes that will be required for payment processes. While corporates may be aware of the EU Directive and SEPA’s impending 2008 deadline, many have yet to devise a…
Swiss Re Asset Management Implements DSTi Data Platform
DST International’s (DSTi’s) Investment Data Platform on Oracle has been implemented at Swiss Re Asset Management (SRAM). Swiss Re has been a DSTi client for nine years. DSTi’s specialist asset management technology has been used to build an investment data hub to streamline the firm’s existing complex data architecture. The solution is comprised of a…
Eagle Joins Charles River Partner Integration Programme
Eagle Investment Systems has become a member of Charles River Development’s (CRD’s) partner integration certification program. The certification is based largely upon the development of standardized interfaces between the Charles River Investment Management System and Eagle PACE and Eagle STAR. The interface between the platforms provides a bi-directional flow of reference and accounting data and…