Data Management Insight Blogs The latest content from across the platform
Reference Data Management to Witness “Winds of Change” Over Next 12 Months, Says Deutsche’s Sean Taylor
Reference data management is no longer at the fringes of an organisation in terms of the perception of its strategic importance by senior management, said Sean Taylor, director at Deutsche Wealth Management, to the delegation at Marcus Evans’ recent Reference Data conference last week. Taylor, who was chairing the event, indicated that increased regulatory scrutiny…
ICE Joins Eurex and LCH.Clearnet in Bid for European CDS CCP Supremacy
Following the announcement by LCH.Clearnet last week of its bid to enter the European credit default swap (CDS) clearing counterparty (CCP) market, IntercontinentalExchange (ICE) has indicated its own intentions to establish a transatlantic model for the market. The ongoing furore surrounding splitting CDS clearing between Europe and the US would therefore become a non-issue, according…
Avox and Asset Control Integrate Business Entity Data Service with EDM Solutions
Asset Control has decided to partner with entity data vendor Avox in order to extend its offering in the counterparty data business. The EDM vendor has integrated Avox’s business entity data service, including entity data and proprietary universal identification codes, into its solutions, AC Plus and Tapmaster. The vendors claim the combined solution will provide…
LCH.Clearnet Plans to Launch European CDS Clearing by December
Following repeated calls by European Commissioner for Internal Market and Services, Charlie McCreevy, for a European clearing service for credit default swaps (CDS), LCH.Clearnet has decided to step up to the plate. The service would be based in Paris and will be launched by December, pending regulatory approval, says the firm. Christophe Hémon, CEO of…
EDM Vendor m35 Launches New Version of DataTrans Solution with Focus on Risk
Enterprise risk management system vendor m35 has launched a new version of its DataTrans solution aimed at the enterprise data management (EDM) market. Version 3.5 of its flagship product, which is used to distribute data from multiple sources to downstream systems, features a new data management dashboard and improved user interfacing, says the vendor. Gavin…
Dealogic Selects CounterpartyLink to Provide Legal Entity Data for Next 3 Years
Workflow and analytics solution provider Dealogic has selected CounterpartyLink to provide it with legal entity data in order to ensure that the vendor and its clients have access to a single and unique view of each legal entity that is being processed between the parties. The vendor opted to sign the three year agreement with…
Two Unnamed Banks Sign up for UnaVista’s Trading Data and Sedol Masterfile Capabilities
Two unnamed banks have signed up this month for access to the London Stock Exchange’s upgraded web-based matching reconciliation and data integration service, UnaVista. One bank has opted to used the service for suspicious trading activity monitoring, whereas the other is looking to LSE’s Sedol Masterfile for securities reference data checking. The service, which was…
RiskVal Integrates Markit Pricing and Reference Data into Credit-X
Fixed income trading and risk management system vendor RiskVal has integrated Markit’s industry standard pricing and reference data into its Credit-X trading platform. Jordan Hu, CEO of RiskVal, explains that the integration of Markit’s data onto the platform is aimed at simplifying the investment management process for credit instruments. The alliance is aimed at creating…
Financial InterGroup Advisors Calls for Establishment of Central Counterparty for Data Management
The lack of a standardised source for reference data is at the heart of the problems surrounding European clearing and settlement, according to strategic advisory firm Financial InterGroup. The comments come in response to the request by the Committee of European Securities Regulators (CESR) to provide feedback on its consultation paper on recommendations for securities…
Regulation and Risk Will Force Banks and Hedge Funds to Tighten EDM Controls, Says Tabb Group
Current market conditions and the threat of impending regulatory changes will force banks and hedge funds to revise their enterprise data management (EDM) strategies to improve transparency, according to recent research from analyst firm Tabb Group. Adam Sussman, director of research at the firm and author of the report, reckons requirements for better risk management…