Data Management Insight Blogs The latest content from across the platform
Asset Control Upgrades Tapmaster, Adds Graphical Visualisation and Exception Handling
Following the expansion of its instrument coverage last year, Asset Control has yet again upgraded its Tapmaster data management software, but this time with bells and whistles centred on improving its user friendliness and functionality. Version 4.0 of the solution therefore includes enhanced validation, graphical visualisation and exception handling, says the vendor. Asset Control has…
Counterparty Risk Infrastructure in the Current Market
By Neil McGovern, product strategy director at Sybase History may judge the failure of Lehman Brothers as the event that caused the most changes in financial services institutions in the credit crunch of 2007 to 2009. The failure of an institution that was never meant to fail, especially one such as Lehman, has changed attitudes…
Aim Software and SFB Services4banks Partner for Reference Data Service in Switzerland
Aim Software has entered into a strategic partnership with Swiss?based application service provider (ASP) and outsourcing vendor SFB services4banks to provide the latter’s clients with a central reference data management platform based on Aim Software’s Gain Data Management solution. The two vendors are therefore working together to provide Swiss clients using SunGard’s Ambit Apsys with…
Data Practices Have to Change to Support Risk Management, Says A-Team and GoldenSource
Given the current financial climate, a large proportion of the financial services industry is engaged in changing its approach to data management in order to better support risk management, according to recently published research by A-Team Group. The research, which was commissioned by EDM vendor GoldenSource, indicates that there is a general feeling within the…
Trillium Software and Cordys Software Partner for Data Quality Strategy
Trillium Software has signed a partnership agreement with Cordys Software, a business process software provider, under which the vendors will work together to develop an integrated offering. Accordingly, Cordys has developed a connector that integrates the data quality capabilities of the Trillium Software System with the Cordys Business Operations Platform. Trillium Software’s solution is therefore…
Credit Crisis Has Meant a Dramatic Shift in Derivatives Clearing, Says Sophis
The credit crisis has resulted in a dramatic shift from OTC to exchange cleared platforms for derivatives, according to the results of Sophis’ recent survey. The Derivatives Trading Outlook Survey for 2009, which included responses from chief risk officers, heads of derivatives trading, and chief investment officers, indicates that 50% of respondents will be moving…
Buy Side and Sell Side are Experiencing Similar Pain with Regards to Document Management, Says Markit
Given the increased market focus on counterparty risk this year, firms are now beginning to spend more on the efficient management of their documentation processes, according to a recent survey by Markit. Good news then, for the vendor, which launched its Markit Document Exchange service in May last year. Penny Davenport, managing director and head…
Accuity Tipped to Buy CB.Net for Undisclosed Amount
Payments reference data vendor Accuity has indicated its intention to buy rival vendor CB.Net for an as yet undisclosed amount. According to Accuity, it is currently consulting with its partners and customers concerning the deal, which may put it into a better position in the competitive payments data market. CB.Net’s flagship product BankSearchPlus offers an…
NewRiver Files Lawsuit Against Morningstar for Unauthorised Access
NewRiver, a US provider of a central repository of mutual fund documents and data for financial services firms, has filed a lawsuit against Morningstar, alleging that the investment research firm has used the internet to gain illegal access to its Prospectus Express web-based data warehouse. The firm has also accused Morningstar of unfair competition related…
Quantifi Claims 2008 as a Strong Year for Growth with 37% Increase in Clients
Despite the economic downturn, analytics and risk management solutions provider Quantifi experienced what it reckons was significant growth over the course of last year. Rohan Douglas, CEO and founder of the vendor, says that the results are indicative of the increased demand for its credit pricing and risk analytics solutions. “In particular, we witnessed a…