Data Management Insight Blogs The latest content from across the platform
StatPro Adds Two More New Hires to European Team, Both From FactSet
Following a bout of hiring last year, portfolio analytics and data solutions vendor StatPro has started 2010 by adding yet more members to its European team. The vendor has poached two members from data and analytics rival FactSet Research Systems to join European sales director Tim Dennis’ team: Robert Campbell and Christopher Ruby. StatPro has…
Bloomberg Launches Interface to CDS Clearing Houses
Bloomberg has launched the first interface in the US credit derivatives (CDS) market that connects both buy and sell side firms to the two central clearing counterparties (CCPs). The Bloomberg VCON solution, a widely accepted confirmation utility for cash and derivative instruments, now allows dealers and their clients to send executed trades to the two…
SEC Highlights Importance of Timeliness of Corporate Actions Data with Action Against Bank of America
If firms weren’t apprised of the importance of corporate actions data before, a recent action by the Securities and Exchange Commission (SEC) against Bank of America should convince them. Following a few months of trawling through corporate actions related data, the regulator has announced that it is seeking to charge Bank of America with failing…
Siperian Reinforces its Commitment to Multi-domain Master Data Management, Changes Product Name to Reflect Customer Usage
Siperian, a provider of a multi-domain master data management (MDM) platform, today announced that it has changed the name of its MDM platform to Siperian Multi-domain MDM Hub to more accurately represent the way its customers are leveraging the solution. Organisations rely on the multi-domain master data management platform to increase customer profitability, reduce operating…
Deutsche Postbank Financial Opts for Combo of Aim’s Gain and SIX Telekurs’ Data
Following a year filled with the signing of partnership agreements and the appointment of new hires, data management solution vendor Aim Software has started 2010 with a new client win in the form of German bank Deutsche Postbank Financial. The bank has opted for a combination of SIX Telekurs’ Valor Data Feed (VDF) to be…
Quantifi’s Douglas Talks up Version 9.3 of its Pricing and Risk Analysis Offering
Pricing and risk analytics solution vendor Quantifi is bargaining on a “regulatory tsunami” this year to spur on spending in the OTC derivatives valuations data and risk management sector, according to CEO Rohan Douglas. In order to keep pace with the changes, the vendor has upgraded its flagship pricing, hedging and risk analysis solution by…
Hungary’s OTP Bank Deploys SuperDerivatives’ Revaluation Service to Improve Hedging and Transparency
OTP Bank, the biggest commercial bank in Hungary, has selected SuperDerivatives (SD), the derivatives benchmark, to provide market-accurate revaluations for its varied derivatives portfolio. Krisztian Kovacs, head of middle office department at OTP Bank, comments: “We needed a reliable, independent view of the value of the broad range of vanilla and complex FX and interest…
Weekend Talks in Basel Spur on Risk and Data Agenda for 2010
As predicted by A-Team Group last week, the weekend’s discussions in Basel between central bankers, regulators and a number of representatives from the private sector helped to kick off the risk management agenda for 2010. The group discussed the proposals enshrined in the Basel Committee on Banking Supervision’s (BCBS) published in December and indicated that…
US Financial Services Firms Lag Behind Europe in Data Management, Says Global Research
DataFlux, a provider of data quality and data integration solutions, today announced the findings of a multi-market research study, conducted throughout 2009, involving interviews with senior IT and data professionals in large financial services companies. The study, which DataFlux commissioned, outlines current attitudes and practices towards data management and industry regulation in the finance sector….
Asset Control Appoints Ex-Moody’s Risk and Regulation Exec Cheshire for Biz Dev
In line with its current focus on the data aspects of regulatory compliance, EDM vendor Asset Control has added a new member to its team with direct experience in the risk and regulatory capital management sector: ex-Moody’s executive Simon Cheshire. He joins as vice president of strategy and business development and will be based in…