Data Management Insight Blogs The latest content from across the platform
Xtrakter’s Giussani Resurfaces at HSBC, Coughlan Joins Fitch Solutions
Following his departure from Trax platform operator Xtrakter earlier this year, ex-Trax product manager Chad Giussani has joined HSBC as its new global head of IT quality and regulatory reporting. Giussani’s former colleague and ex-Xtrakter marketing and communications manager Conor Coughlan has also resurfaced at Fitch Solutions as its new associate director of global product…
CESR on the Case for Post-Trade Data Quality, Pushes Ahead with Complexity Classification Changes
In its latest feedback paper as part of the ongoing MiFID review, the Committee of European Securities Regulators (CESR) has confirmed post-trade data quality remains high on its agenda and despite negative feedback from some corners of the market, it will be pushing ahead with classification changes to the definition of certain complex products under…
ECSDA Appoints First Secretary General and Opens an Office in Brussels
The European Central Securities Depositories Association (ECSDA) has appointed Soraya Belghazi as its first secretary general. As of 1 September 2010, she will head the office of the association, located right next to the European Commission at Schuman Square in Brussels. Joël Mérère, ECSDA’s chairman, said: “The appointment of Soraya Belghazi and the establishment of…
IMF Publishes Possible Revisions to its Data Quality Assessment Framework
Given the regulatory community’s crackdown on data quality across the financial services industry, the International Monetary Fund’s (IMF) recently published paper on the improvement of its data quality assessment framework indicators is judiciously timed. In the paper, the IMF’s statistics department suggests improvements to its current set of metrics against which to measure the quality,…
Agio Technology Names Nakashian as Head of Client Services
Agio Technology, a provider of managed IT services for premier hedge funds, today announced that it has appointed Nicole Nakashian, former executive director at UBS Investment Bank, as managing director, Client Services. “Nicole was our number one choice to lead Client Services since our inception,” says Bart McDonough, CEO of Agio Technology. “She is very…
EXL and Datanomic Partner to Provide Best in Class Compliance Solutions and Services
ExlService Holdings, a provider of outsourcing and transformation services, and compliance and data management solutions specialist, Datanomic, have combined their complementary capabilities to deliver exceptional compliance solutions and services for joint clients around the globe. This partnership offers customers a new end-to-end service to configure, implement and operationalise compliance screening with execution support at a…
SmartStream Announces Partnership with Longtop to Distribute TLM Solutions Across China
SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that it has formed a new partnership with Longtop, a software development and solutions provider targeting the financial services industry in China. Longtop will integrate SmartStream’s suite of Transaction Lifecycle Management (TLM) solutions to complement its existing technologies and services. Longtop’s expertise across the financial…
UK FSA’s Living Wills Deadline Creeps Closer, Data Challenges Incoming
Six of the UK’s largest banks will be required to submit their preliminary draft recovery and resolution plans to the UK Financial Services Authority (FSA) next month as part of the regulator’s living wills pilot programme. In order to be able to submit these drafts by the end of October, HSBC, Barclays, Royal Bank of…
FOW TRADEdata in Dialogue with Bloomberg to Incorporate Identifiers into Xymbology, Says IPUG
Following its letter to petition Bloomberg to allow its symbology to be included in FOW TRADEdata’s service Xymbology, the Information Providers User Group (IPUG) indicates that a dialogue has begun between the two vendors to incorporate both the BUID and the new Bloomberg Global ID (BBGID), which is at the heart of its open symbology…
SEC Adopts Temporary Rule Requiring Municipal Advisors to Register With Agency
The Securities and Exchange Commission today announced that it has adopted a temporary rule requiring municipal advisors to register with the SEC by 1 October, a deadline established by the newly-enacted Dodd-Frank Wall Street Reform and Consumer Protection Act. Municipal advisors provide advice to state and local governments and other borrowers involved in the issuance…