Data Management Insight Blogs The latest content from across the platform
Maintrust Selects Gain Data Management for Delivery of SIX Telekurs VDF Data
Nomura’s German asset management subsidiary, Maintrust, has gone live on Aim Software’s Gain Data Management platform in order to facilitate the automated delivery of static data from SIX Telekurs Valordata Feed (VDF) into SunGard’s V3. Maintrust indicates it decided to upgrade its data management infrastructure as result of rising compliance requirements and an increase in…
FTSE Group Goes Live on XSP v5 Corporate Actions Platform in New York
Following its implementation in London earlier this year, FTSE Group has gone live with the XSP v5 Corporate Actions platform in New York. The implementation is part of FTSE’s initiative to achieve an automated STP environment for the management of corporate action events applied to FTSE indices, explains Chris Broad, chief operating officer at FTSE…
FASB and IASB Begin Review of Mark to Market Principles
The Financial Accounting Standards Board (FASB) has indicated it is beginning a review of mark to market accounting rules in cooperation with the International Accounting Standards Board (IASB). The board is said to be considering extending current mark to market principles to a much broader range of securities than they currently cover by taking a…
Reval Adds Trotta to Client Services Role and Brimfield to Biz Development
Reval, a provider of financial risk management solutions and services, has appointed Marzio Trotta as senior vice president of client services and Justin Brimfield as senior vice president of business development. The vendor, which provides also provides valuation services, indicates that the appointments are part of its drive to expand the scope of its client…
Capgemini Appoints Ezzat as CEO of its Financial Services Global Business Unit
Originally appeared in MiFID Monitor Capgemini has appointed the current chief operating officer of its Financial Services Global Business Unit, Aiman Ezzat, as CEO of the unit. Current CEO Raymond Spencer will assume the role of non-executive chairman of the business unit. Ezzat joined Gemini Consulting, Capgemini’s consulting arm, in 1991 where he was responsible…
OTC Val Adds Valuation Capabilities for Hard to Value MBS and ABS Securities
OTC Valuations (OTC Val) has increased its valuation capabilities of illiquid mortgage backed securities, commercial paper, collateralised debt obligations, and other asset backed products. Bob Sangha, managing director at the vendor, explains that as well as providing a price, OTC Val is also focused on providing data on the modelling behind the price for these…
IBM Data Governance Council Promotes XBRL for Risk Measurement Reporting Standards
Originally appeared in MiFID Monitor In order to tackle the inconsistency in the measurement of aggregate risk in the market the IBM Data Governance Council is seeking responses from market participants to its recent proposals for risk measurement reporting standards. The group, which was set up three years ago by IBM and comprises 50 financial…
UK FSA Agrees to Review JWG-IT Group Proposals on Counterparty Data Management
Originally appeared in MiFID Monitor The UK Financial Services Authority (FSA) has agreed to review London-based think tank JWG-IT Group’s guidance on wholesale customer data management, which it plans to submit to the regulator in the first quarter of next year. The group is in the process of drawing together industry guidance that is aimed…
The EDM Council Semantics Repository: A Practical Solution to the Problem of Meaning By Mike Bennett, Director, Hypercube
A common theme at conferences and events in recent months has been data quality management. Coupled with this we have seen an emerging trend whereby data is no longer regarded as a technical activity but as a true business asset, carrying business risks. Many firms are now positioning data management under operations or even directly…
GBST Completes Acquisition of Coexis, Williams and Shah Join Exec Team
Following the announcement of its intention to buy Coexis at the start of November, GBST, an Australian provider of securities transaction and fund administration software, has finally completed the acquisition. The vendor indicates that it has satisfied all the regulatory and legal requirements of the deal and will have a combined workforce of around 350….