Data Management Insight Blogs The latest content from across the platform
UK FSA Gives NYSE Liffe Green Light to Launch European CCP in July
The UK Financial Services Authority (FSA) has granted NYSE Liffe approval to launch a new central clearing counterparty (CCP) for its London derivatives market. The CCP, which will be dubbed Nyse Liffe Clearing, is due to begin operations on 27 July 2009, subject to a period of review by members of its proposed documentation. The…
Asset Control’s Campbell Departs Firm to Return to Vancouver
Conal Campbell, senior sales executive for EMEA and Asia/Pacific at data management platform provider Asset Control, has left the company to return to his native Vancouver for personal reasons. Campbell, most recently based out of Asset Control’s London office, was originally with Vancouver-based TAP Solutions and joined Asset Control when the Dutch platform operator acquired…
HSBC USA Joins ICE Trust as a Clearing Member for CDSs
IntercontinentalExchange (ICE) has added HSBC USA as a clearing member of its clearing counterparty (CCP) for the credit default swap (CDS) market, ICE Trust. The CCP, which launched on 9 March, was the first contender in the US market to receive regulatory approval from the Federal Reserve and the Securities and Exchange Commission (SEC) and…
Accuity Launches New Version of IBAN Validation and Conversion Tool
Payments reference data vendor Accuity has launched a new version of its online international bank account number (IBAN) validation and conversion tool. Version 2.2 of IBAN Payment Resource features account number decryption and basic bank account number (BBAN) to IBAN conversion, explains Malcolm Taylor, managing director for EMEA and APAC for the vendor. The new…
PolarLake Adds Grid Computing Capabilities to RDD Platform
PolarLake had added grid computing capabilities to its Reference Data Distribution (RDD) platform in order to increase its scalability for downstream uses. John Randles, CEO of the vendor, explains that the enhancements have been added to PolarLake RDD to allow firms’ enterprise data management (EDM) platforms to support more than two or three downstream systems….
Data is More Important Than Ever Before But Cultural Barriers Remain, Says Evaxyx
The issue of data management is so important in the current market that it has been raised as a priority at the board level, according to a recent report conducted by Amber Group and commissioned by data integration consulting firm Evaxyx. The focus on improving risk analysis and reporting systems has meant that data management…
AGFN to Offer SIX Telekurs Data to Eastern Europe, Greece and Cyprus
AG-Financial Network (AGFN) and SIX Telekurs have signed a partnership agreement, under which AGFN will offer SIX Telekurs’ financial market data to the markets in Eastern Europe, Greece and Cyprus. Adriano Bazzi, head of SIX Telekurs for Italy and Southern Europe, explains that the vendor hopes AGFN’s local presence and market knowledge will allow it…
Broadridge Financial Solutions Buys Access Data Corporation for Undisclosed Amount
Broadridge Financial Solutions has acquired Pittsburgh-based enterprise-wide reporting and data management solution vendor Access Data Corporation, with a view to strategically expanding its investor communications hub, data aggregation and data management solutions. Gerard Scavelli, president of mutual fund solutions at Broadridge, says the main draw for the vendor was the smaller vendor’s technology platform, SalesVision….
Trillium Software Adds More Bells and Whistles to Flagship Solution, Including New Dashboard
Trillium Software has released a new version of its enterprise data quality solution, Trillium Software System, which it says is aimed at accelerating the design, development and deployment of real-time data quality programmes across an organisation. The development of version 12 of the solution was prompted by client requirements for faster and more accurate data…
Numerix and Lumina Americas Team up for Pricing and Risk Management Offering
Numerix, an analytics provider for the structuring, pricing and valuation of derivatives and structured products, has signed a partnership agreement with regional consulting and technology services firm Lumina Americas to combine their respective offerings. Under the agreement, Lumina, which services the Latin American and Spanish markets, will offer Numerix’s suite of pricing models and risk…