Data Management Insight Blogs The latest content from across the platform
Two Implementation Phases Down, Four More to go at ABN Amro, Says PaceMetrics’ Giblin
After six months of implementation time, EDM vendor PaceMetrics has completed the first two phases of ABN Amro’s data management project, which it began as a follow up to the acquisition of a portion of its business by a consortium last year. According to Gerry Giblin, CEO of PaceMetrics, the firms started talking back in…
SocGen Falls Foul of the UK FSA for Transaction Reporting Failures, Data Related Errors Cost it £1.58m
The London branch of French bank Société Générale has been fined £1.575 million by the UK Financial Services Authority (FSA) for data related failures and failed submission of 80% of its transaction reports over a period of more than two years. This marks the sixth case of a fine being handed out for such failures…
Pricing Partners Successfully Completed the Platform Test for ISV Solutions to Become Microsoft Certified Partner
Pricing Partners announced today that Price-it successfully completed the Microsoft ISV (independent software vendor) Solutions Platform Test. The platform test for ISV solutions is the breadth test that allows software vendors to measure their solution’s technical capabilities against a specific set of Microsoft technical quality standards. Pricing Partners adopts the latest Microsoft .NET technologies for…
Kroll Ontrack Launches the Next Generation of Document Review with the Introduction of Intelligent Prioritisation
Kroll Ontrack, a provider of information management, legal technologies, and data recovery products and services, today announced the launch of Intelligent Prioritisation within Ontrack Inview version 6.2. This new feature is a significant step towards adding innovative Intelligent Review functionality to its industry-leading document review tool. It empowers legal teams to conduct review in a…
Goldman Sachs Selects Lucsan Capital to Assist with Data Migration Projects
Lucsan Capital, an innovative technology, consulting services and advisory group specialising in system implementation and data migration for the financial services sector, is pleased to announce that they have been selected by Goldman Sachs & Partners Australia Pty Ltd (Goldman Sachs) to assist with two major data migration projects. Lucsan Capital will provide a range…
SIX Group’s Information Biz is Down 3% Revenue on Previous Year’s First Half Figures
The revenue for the first half of this year for SIX Group’s financial information business, SIX Telekurs, is down 3% on the previous year’s figure for the same period. According to the vendor, the decline from CHF205.3 million in 2009 to CHF199.1 million this year was largely attributable to the negative effect of the euro…
RBS is in the Final Stages of Consolidating Legal Entity Database Across Wholesale Business, Says Davies
Royal Bank of Scotland (RBS) Group may have faced a substantial fine this month from the UK Financial Services Authority (FSA) with regards to failures related to its anti-money laundering (AML) checking process, but a lot of work has been going on in the background at the firm in order to get its customer database…
Numerix Continues Expansion Across Asia Pacific; Opens South Korean Office
Numerix, a provider of cross asset analytics for derivatives valuations and risk management has opened a new regional office in Seoul, South Korea, becoming the first derivatives analytics company to provide local sales and quantitative support in the South Korean region. The new Seoul office symbolises the growth and importance of the derivatives markets in…
ABN AMRO Deploys PaceMetrics’ Assure Data Management Solution
PaceMetrics, a global provider of process-driven enterprise data management solutions, today announced that Dutch bank ABN AMRO has implemented its Assure solution to manage data across all asset classes. Now live, Assure will enable continuous management of pricing and reference data, including data cleansing and distribution to a large number of downstream systems and departments….
Societe Generale Securities Services Mandated by Santander Asset Management to Provide OTC Valuation and Collateral Management Services
Societe Generale Securities Services (SGSS) has been mandated by Santander Asset Management, the asset management division of the Santander Group, the 6th largest financial services group in the world by market capitalisation, to provide a range of asset servicing for its Luxembourg-domiciled funds which are administered and deposited with SGSS. SGSS has been selected for…