Data Management Insight Blogs The latest content from across the platform
Deutsche Bank’s Fletcher Discusses Technology Silo Reduction for Data Management
Deutsche Bank has recognised that a silo-based model for data management is not sustainable and is looking to develop more enterprise-wide focused technology, said Neil Fletcher, IT director for reference data at the bank. The increase in the volume of transactions has meant the production of more reference and market data, which has put pressure…
TFG Fund Services’ Toyer Elaborates on its Implementation of Xtrakter’s XREF; Jinks Discusses Xtrakter’s Ambitions
TFG Fund Services implementation of Xtrakter’s XREF service is all part of its strategy to concentrate on its core risk management and valuations business rather than be bogged down with in-house data sourcing and scrubbing, says Martin Toyer, CEO of the fund services firm. Previously, the firm had to dedicate in-house resources to source and…
Consultancy Firm ISC Hires Data Solution Vendor Veteran Lumsden
Buy side focused consultancy firm Investment Solutions Consultants (ISC) has hired data vendor veteran Paul Lumsden as a management consultant. Lumsden most recently worked as head of product management for client communications solution provider Kurtosys Systems, which earlier this year launched a new EDM platform for the asset management community. Geoff Edwards, ISC managing partner,…
Omgeo ALERT Furthers Market Leadership with More Than 500,000 Funds Represented Globally
Omgeo, the global standard for post-trade efficiency, today announced that Omgeo ALERT, the world’s largest and most compliant web-based global database for the maintenance and communication of standing settlement and account instructions (SSI), has experienced unprecedented client growth going into 2011 with over 1,700 clients globally. As a result of continued market turbulence and regulatory…
Perry Discusses Goldman Sachs’ Creation of a Central Instrument Reference Database for its Global Operations
Goldman Sachs has taken a step by step approach towards developing a centralised instrument reference database to support its global operations, according to Jim Perry, vice president of product data quality at the investment bank. Speaking at FIMA earlier this month in London (in addition to his earlier panel slot on regulation), Perry elaborated on…
UBS’ Berry Sounds Call for an End to Vendor Identifier Complexity via Regulation, Again
In keeping with his work for the Information Providers User Group (IPUG), David Berry, executive in charge of market data sourcing and strategy at UBS, called for an end to vendor complexity by eliminating the use of proprietary instrument identifiers. “Vendors introduce complexity into the market by attempting to differentiate themselves on the basis of…
UBS Asset Management’s Webster Elaborates on its Constitutional Approach to Data Management
UBS Asset Management has a relatively unusual approach to its data management strategy: it has a constitution that lays out the policies and principles related to data ownership and accountability. Ian Webster, global head of data management for the buy side arm of UBS, showed the document to FIMA delegates last week and explained that…
RIMES Appoints Mitesh Modi as Chief Operating Officer
RIMES Technologies, a provider of benchmark data services, today announced that it has hired Mitesh Modi as the company’s chief operating officer. Modi will take responsibility for all aspects of operational management across the increasing number of RIMES offices around the world. The appointment reflects RIMES’ continuous growth and ongoing commitment to global expansion. Modi…
Netik’s Flatley Highlights the Reference Data Impacts of a Boom in ETFs and Property Trading
The increased use of exchange traded funds (ETFs) and other similar synthetic instruments for the purpose of leverage or hedging has put stress on the reference data function, said Rob Flatley, CEO of EDM outsourcing solution vendor Netik, at FIMA last week. The buy side’s move to trade property is also causing challenges because most…
Improving Data Quality to Support Valuations is a Key Focus for Invesco Perpetual, Says Shrubsole
Invesco Perpetual is currently focusing on ensuring data quality standards are being met in order to support the buy side firm’s fair value processes, regulatory compliance and the risk and performance function, explained head of data management Ian Shrubsole. “We want to be able to rationalise and consolidate our operations, but we also need to…