Data Management Insight Blogs The latest content from across the platform
Broadridge Financial Solutions Offers Proxy Statement Data in XBRL Format
Broadridge Financial Solutions has introduced an open source format for interactive proxy statements to XBRL US. Following the announcement earlier in the year by the Securities and Exchange Commission (SEC) that financial reporting statements should be made available in XBRL, the vendor has accordingly adapted its architecture in order to meet the requirements. The proxy…
Knight Capital Enters CDS Clearing Counterparty Race
Knight Capital Group is the latest contender in the credit default swap (CDS) clearing counterparty race, joining players such as CME Group and Eurex. The brokerage and asset management firm says its NetDelta electronic settlement platform has been in development for over a year. The platform is available to both the buy side and the…
JustSystems and Edgar Online Partner for XBRL Data on Desktop
Japanese XML and information management software vendor JustSystems and Edgar Online have signed a strategic alliance to deliver XBRL to financial institutions’ desktops. Through the new partnership, JustSystems will deliver certain of Edgar Online’s XBRL tagged data to their subscribers through the xfy XBRL viewer platform. Edgar Online provides SEC filings in real-time on the…
O’Shaughnessy Joins DTCC as Global Head of Sales
Caroline O’Shaughnessy has joined the Depository Trust and Clearing Company (DTCC) as vice president and global head of sales in London. Prior to her appointment at DTCC, she was global head of indirect channel, Enterprise, at Reuters. While at Reuters she also held the position of head of third party alliances for Reuters DataScope. Prior…
Interactive Data Says Q3 2008 Revenues to Increase by 7.7% on Last Year, But Net Income Down by 7.1%
Interactive Data Corporation says that it expects its third quarter revenues to be approximately US$188.6 million, which would represent a 7.7% increase over third-quarter 2007 revenue of US$175.0 million. However, according to its preliminary financial results for the third quarter ended 30 September 2008, net income will be down 7.1% on last year’s results to…
Standards: Speaking the Same Language Worldwide By Frank Träxler, international sales manager, WM Datenservice
Due to the increasing complexity of its fields of activity and the relevant regulatory framework, the financial industry is faced with ever greater challenges in managing its systems, processes, data and information. The international environment, subject to diverse regulations (for example, EU Prospectus Directive, EU Savings Tax Directive, EU Transparency Directive, and MiFID), is fraught…
Stick provides carrot for data community
It seems that the threat of greater regulatory involvement has spurred on a flurry of activity and innovation in the data community over the last few months. As institutions’ IT purse strings have tightened and closer scrutiny has been paid to areas such as counterparty risk and fair value pricing, vendors have upped their game…
DTCC’s Donahue Joins XBRL US Board of Directors
Following the agreement between XBRL and the Depository Trust & Clearing Corporation (DTCC) earlier in the year to cooperate on corporate actions standards, Donald Donahue, chairman and CEO of DTCC, has joined XBRL US’s board of directors. XBRL US, the non-profit consortium for XML business reporting standards in the North American marketplace, says that DTCC…
Quantifi Releases Version 9.1 with New Models for Pricing CDOs
Quantifi, a provider of analytics and risk management solutions to the global credit markets, has released version 9.1 of its software, which it says is aimed at allowing customers to more closely track the market. The updated version includes new models for pricing collateralised debt obligations (CDOs) and a flexible interface that enables users to…
Thomson Reuters Replaces Olver with Banga on Board of Directors
Thomson Reuters has appointed Manvinder Singh Banga to its board of directors as a non-executive director, effective on 1 January 2009, and indicated that Dick Olver will retire from the board at the end of this year. The vendor hopes that Banga’s Asian market experience will contribute to its growth plans for the region. Banga,…