Data Management Insight Blogs The latest content from across the platform
Barr Jumps Ship from Thomson Reuters and Lands at Investment Company Bridgewater Associates
Almost a year after he changed roles at Thomson Reuters and moved to Switzerland, Gary Barr has left the vendor and joined investment company Bridgewater Associates in a research data role. During most of his time at Thomson Reuters Barr was heavily involved in the data management space in the Enterprise division but at the…
Fitch Solutions Launches Custom Data Service for Credit Markets
Managing data from multiple sources is proving to be troublesome for most firms and even more so in a stressed economy, according to Fitch Solutions, a division of the Fitch Group. In response, Fitch Solutions has launched an integrated data service (IDS) to meet growing user demand for a single, customisable feed platform covering data…
EuroCCP Launches Clearing and Settlement for Depositary Receipts
European Central Counterparty Limited (EuroCCP) today announced that on 16 October it will begin clearing and settling 120 of the most heavily traded listed depositary receipts. With its new central counterparty service offering, EuroCCP extends to depositary receipts transactions the efficiency, cost saving and counterparty risk protection benefits it already provides to clients’ equities transactions….
Aim Software Adds Subsidiary in Switzerland, Broder to Head
Following the opening of its Luxembourg office last month, reference data solution vendor Aim Software has added another European location to its geographic footprint: Switzerland. The vendor has experienced some success within the Swiss market already this year with the rollout of its Gain data management solution at Switzerland-based private bank Banca Euromobilare (Suisse) in…
SmartStream Extends Asia Pacific Ambitions with New Tokyo Office, Ex-Reuters Matsumoto to Head
Back office solution vendor SmartStream Technologies has expanded its Asia Pacific operations, which are headquartered in Singapore, to include on the ground presence in Japan via the opening of a new office in Tokyo. The vendor has hired ex-Reuters executive Eiichi Matsumoto to head the office as its country manager for Japan. Christian Schiebl, executive…
Pricing Partners Introduces Hagan Adjuster in the Interest Rates Module
Pricing Partners announced today that it has introduced Hagan Adjuster, a new class of models, for its interest rates module to enhance its valuation capacity. The Hagan Adjuster model thoroughly combines the versatility of dynamic models (Libor Market Model, short rate model like Hull White or Gaussian Quadratic models) and the accuracy of static models…
Cadis Adds Local Language Capabilities to its EDM Solution
Sibos saw the opening of a new Asia Pacific office in Hong Kong for EDM vendor Cadis and it has now added more capabilities to service the users in this market via local language support for Chinese characters. The vendor hopes the new multilingual functionality will allow it to gain additional traction in markets that…
Ex-Fidelity ActionsXchange Exec Madigan Resurfaces at XSP
Following his departure from corporate actions cleansing vendor Fidelity ActionsXchange earlier this year, Chris Madigan has finally resurfaced at indirect (for now anyway) competitor XSP as the solution vendor’s new senior sales executive and account relationship manager. In his new role, Madigan is based out of New York and has responsibility for developing new business…
Thomson Reuters’ Licensing of RIC Codes Under Scrutiny by European Commission
According to the word on the reference data street, the European Commission is in the process of investigating Thomson Reuters’ licensing policy for its Reuters Instrument Codes (RICs). The regulator last month sent out a questionnaire to continental European banks in order to garner more information about licensing fees and usage of these financial instrument…
NYSE Euronext and DTCC Finalise Joint Venture Agreement to Create New York Portfolio Clearing
NYSE Euronext (NYX) and the Depository Trust & Clearing Corporation (DTCC) today announced they have finalised their formal agreement to create their innovative new joint venture, New York Portfolio Clearing (NYPC). A draft application for NYPC to be granted status as a Derivative Clearing Organisation with the Commodity Futures Trading Commission (CFTC) and draft amendments…