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Siperian and GalaxE.Solutions Partner for Employee Master Solution

Business process and decision support systems vendor GalaxE.Solutions and master data management (MDM) platform vendor Siperian have entered into an partnership agreement under which GalaxE.Solutions will be a provider of an employee master solution enabled by Siperian MDM Hub. According to the firms, the enterprise business alliance agreement will help companies quickly deploy the employee…

IBM Data Governance Council Ponders the Future of Data and Plans to Establish Best Practices

The IBM Data Governance Council, which was set up three years ago by IBM and comprises 50 financial market firms, is currently discussing establishing best practices for the industry on how to manage critical financial data. The council plans to build what it calls an “information governance framework”, which will be based on their existing…

Aim Software, FISD and Interactive Data Launch Reference Data Management Survey

Aim Software, FISD and Interactive Data have launched their fifth international reference data management survey, which aims to find out the challenges and trends in this sector over the next year. The survey, which being carried out jointly by Aim Software and FISD and being sponsored by Interactive Data (Europe), is now available online on…

Pictet & Cie Picks Interactive Data for Bond Evaluations

Swiss private bank and asset manager Pictet & Cie has selected Interactive Data’s pricing and reference data business to provide bond evaluations. Prior to the migration of Pictet’s core banking system, Interactive Data provided its bond evaluations service via a third party. Pictet now uses the Avaloq Banking System in conjunction with Gain Data Management…

US Fed and SEC Ratify Data Sharing Agreement

Following months of discussions, the US Federal Reserve and the Securities and Exchange Commission (SEC) have finally signed a formal agreement that explicitly allows for the two agencies to share information about the inner workings of investment banks. According to the memorandum of understanding, the SEC will provide the Fed with “information and analysis regarding…

Data Centres Fall Down the Pecking Order in London, Says CB Richard Ellis

Reference data projects may be seeing investment this year but data storage in a physical sense is proving problematic during the credit crunch. That is if you look at the take-up in London’s data centre market, which has seen very little investment during the first quarter of this year, according to real estate advisor CB…

Aim Software Releases New Version of Gain Aimed at Improved Usability

Aim Software has released a new version of its flagship data management product Gain with extended facilities for golden copy management and new support for Windows Server 2008/Windows Vista. The main drivers behind the upgrade were market and customer requests for new functionalities and to further reduce time to market for customer projects, says Martin…

PolarLake Launches Standalone Reference Data Reconciliation Solution

Provider of reference data distribution products PolarLake has launched a standalone reference data reconciliation solution aimed at fixing the problem of poor reference data quality in downstream systems. The vendor has created the new solution as part of its plans to develop modular solutions for the market and extend its client reach. According to PolarLake,…

AP Møller-Mærsk Picks SuperDerivatives for Energy Option Valuations

Global shipping and energy company AP Møller-Mærsk has selected SuperDerivatives to provide independent valuations for its energy options and swaps. Amitai Razon, sales executive for the Nordic region for SuperDerivatives, indicates that the vendor first met Møller-Mærsk in August last year, after which the firm began testing the vendor’s service in February this year. The…

FactSet Continues the Hunt for Partner Organisations and Focuses on Promoting IBEI

FactSet Research Systems, a provider of integrated financial information and analytical applications to the global investment community, has indicated that it is on the hunt for other third party vendor partners to extend its content coverage. The vendor is also contemplating joining the Enterprise Data Management (EDM) Council in the near future to help promote…