Data Management Insight Blogs The latest content from across the platform
DTCC Appoints Four New Board Directors: Dan, Daffron, Taggart and Vince
The Depository Trust & Clearing Corporation (DTCC) has appointed four new members to its board of directors: Stephen Daffron from Morgan Stanley; Bernard Dan from MF Global; Richard Taggart of AllianceBernstein; and Robin Vince from Goldman Sachs. Donald Donahue, DTCC chairman and CEO, hopes that the recently appointed members will provide new insight and direction…
Markit Document Exchange Partners with CTI for Tax Documentation
It has been a busy month for Markit’s documentation management platform. Following the signing of partnership agreement with Avox earlier in April, the vendor has now partnered with tax compliance software and consulting company, Compliance Technologies International (CTI). Under the agreement, the vendors are working together to integrate CTI’s electronic W-8 application for the US…
One View on Transparency
By Douglas Long, executive vice president of business strategy at Principia Whether looking at structured finance operations within commercial banks, or the exposure of these portfolios on the wider enterprise, markets or economy, the crisis has demonstrated there is room for improvement for everyone at this time of transition. The current financial crisis has highlighted…
European Parliament and Council Approve Commission’s Ratings Agencies Regulations
The European Parliament and the European Council have both approved the recently proposed regulation on credit ratings agencies, tabled by the European Commission earlier this year. The new regulation will put in place a common regulatory regime for the issuance of credit ratings with a view to restoring market confidence in the sector and increasing…
Charles River Development Integrates IMS with Thomson Reuters’ Market Data System
Charles River Development has integrated its Investment Management System (IMS) with the Thomson Reuters Market Data System, including its real-time exchange, contributed and reference data. Charles River has integrated the data to provide its clients with seamless access to the Thomson Reuters offering and thus allow for greater flexibility and choice of data providers for…
JSCC and Tokyo Financial Exchange Plan Introduction of IRS and CDS CCP
The Japan Securities Clearing Corporation (JSCC) and the Tokyo Financial Exchange (TFX) have confirmed that they are both planning to introduce clearing for credit derivatives this year, in the form of interest rate swaps (IRSs) and credit default swaps (CDSs). Both parties have been planning the move for around six months and are currently in…
Markit Appoints Ex-NewOak Capital Exec McPherson as MD of Structured Pricing Services
Markit has appointed ex-NewOak Capital executive, Neil McPherson, as a managing director in its New York office to manage and expand its structured finance pricing services. Prior to working for the New York-based asset management firm, McPherson was head of ABN Amro’s asset backed securities syndicate desk and managing director at Credit Suisse First Boston,…
Avox Partners with Markit Document Exchange to Provide Combined Offering
Following the announcement of its partnership with EDM vendor Asset Control in February, business entity data specialist Avox has signed another partnership agreement, this time with Markit’s documentation management platform. Under the new agreement, Markit Document Exchange and Avox will work together to provide their mutual clients with a combined business entity data and documentation…
Hexaware Technologies Partners with Greenplum for Data Warehousing and Analytics Offering
Data management outsourcing vendor Hexaware Technologies has signed a partnership agreement with database software vendor Greenplum, under which the two will collaborate to produce a new data warehousing and large scale analytic processing solution. Greenplum will provide the database platform and Hexaware will focus on the migration, implementation, upgrades and maintenance services for the offering,…
Cadis Acquires Compliance Reporting Software Vendor C8 Software
EDM vendor Cadis has acquired management information and compliance reporting software provider C8 Software in a bid to combine the two vendors’ offerings and meet clients’ reporting and risk data requirements. Daniel Simpson, CEO of Cadis Software, explains that the new offering is aimed at cleaning up what he sees as often poor quality data…