Data Management Insight Blogs The latest content from across the platform
Numerix to Provide Lehman Brothers Holdings with Valuations for its Outstanding Derivatives Contracts
Over a year after the collapse of the investment bank, Lehman Brothers Holdings (LBHI) has selected Numerix to provide it with independent real-time valuations for its one million outstanding derivatives contracts. According to the valuations vendor, the deal is one of largest and most comprehensive valuations projects of its kind to date. Steven O’Hanlon, president…
XSP Partners with Decillion Group to Provide XSP v5 Corporate Actions Platform as a Service Solution for Asia Pacific
XSP has partnered with Decillion Group, a banking software solutions provider, to provide a service-based offering of the XSP v5 Corporate Actions platform to the Asian and Australian markets. Through this agreement, Decillion Group will market and support the XSP v5 software in a software as a service (SaaS) environment to help clients in the…
For Users of Swift Alliance Integrator, Volante Adds Value With Validation and Translation Services
Powering finance with data management innovations, Volante today announced new add ons to Swift’s Alliance Integrator to ease Swift deployment and ensure correct message formatting. The Volante Swift Validation and Translation Services leverage Volante’s proven and comprehensive support of Swift messaging dictionaries and functions to reduce the effort involved in connecting to the Swift network,…
ProCapital Selects Xenomorph TimeScape for Reference and Market Data Management
ProCapital Securities Services, the French securities services company, has selected Xenomorph TimeScape for their centralised reference and market data management requirements. The project has already commenced and the solution will be in full production usage by December 2009. TimeScape will replace an internal solution and will be used to provide an enhanced single source of…
Omgeo CTM Best Practices Released to Provide Guidance for New Broker-Dealer Workflows
Omgeo has introduced a best practices document geared toward investment managers and broker-dealers to highlight the most effective ways for the two counterparties to interact with each other when matching trades via Omgeo Central Trade Manager (Omgeo CTM). Until recently, sell side clients wishing to leverage automated trade processing for cross border and non-US trades…
XSP Increases Performance in XSP v5 Corporate Actions Platform by Up to 8,500%
XSP, a leading global provider of Corporate Actions software, announced today new benchmark performance figures for its already-powerful XSP v5 Corporate Actions platform with gains as high as 8,500% in its Data Management & Scrubbing module; over 2,500% in its Notifications component and a 3,200% increase in processing lottery events. These statistics further demonstrate the…
Bo Nordlander to Take Over as Head of SIX Telekurs in the Nordic Countries
Bringing a proven leadership track record, Bo Nordlander is to take over as head of the Nordic subsidiaries of SIX Telekurs with effect from January 1, 2010. Interim Chief Executive Officer Bo Strandberg will continue his duties on the Board of Directors. Bo Nordlander will push ahead with the upgrading of existing front office systems…
Interactive Data Teams up with Pluris to Provide Daily Independent Valuations for Municipal Auction Rate Securities
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data business now offers clients daily valuations for Municipal Auction Rate Securities (ARS) including Student Loan Auction Rate Securities (SLARS), from Pluris Valuation Advisors LLC, a provider of market-based valuations of illiquid securities. “Interactive…
SmartStream Launches New Version of TLM Corporate Actions, Adds Solution to Common Platform
Back office processing solution vendor SmartStream Technologies has upgraded its Transaction Lifecycle Management (TLM) Corporate Actions solution in order to realise cost savings and efficiencies by bringing it onto a common platform with the rest of its offerings. Paul Phillips, business development consultant at the vendor, explains to Reference Data Review that the upgrade has…
Interactive Data Announces Change in Financial Leadership
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions to financial institutions, active traders and individual investors, today announced that Andrew J. Hajducky III has resigned as executive vice president, treasurer and chief financial officer to pursue new opportunities, effective immediately. Christine A. Sampson, the Company’s vice president of finance…