Data Management Insight Blogs The latest content from across the platform
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….
DSTi to Focus Attention on Middle Office Data for Derivatives in 2009
Following the appointment of Tom Abraham as CEO last year, investment management solution vendor DST International (DSTi) has refocused its attention on the area of the middle office within asset management firms. Steve Cheng, head of solution, Investment Control at DSTi, explains to Reference Data Review the details of the vendor’s recent research and its…
Interactive Data Completes Acquisition of 79% of NTT Data Financial for US$25.8m
Following the announcement of its intention to buy 79% of NTT Data Financial Corporation (NDF) in November, Interactive Data Corporation has finally announced the initial closing of its acquisition. The vendor paid approximately 2.4 billion yen, or approximately US$25.8 million based on current foreign exchange rates, in cash to acquire 79% of NDF, of which…
Finra’s Goldschmid Calls for Major Changes at SEC, Including Merger with CFTC
Originally appeared in MiFID Monitor Harvey Goldschmid, a member of the board of the Financial Industry Regulatory Authority (Finra) and former Securities and Exchange Commission (SEC) commissioner, has called for wide ranging changes to the regulatory body, including a merger with the Commodity Futures Trading Commission (CFTC). He discussed the matter at a recent conference…