Data Management Insight Blogs The latest content from across the platform
Desjardins Cleans Up Entity Data, Deploys SunGard Adaptiv Credit Risk
Desjardins Group has signed a three-year deal with CounterpartyLink for the provision of legal entity data as part of a larger counterparty and issuer risk project that will also see Desjardins – the biggest co-operative financial group in Canada – implement SunGard Adaptiv Credit Risk. CounterpartyLink’s data will first be used by Desjardins to ensure…
ICMA Ltd Renames, Builds Warehouse To Support New Information Services
Under its new name and governance, Xtrakter – the market services division of the International Capital Market Assocation (ICMA), formerly known as ICMA Limited – is targeting a higher profile as a data vendor. Xtrakter is gearing up to unleash a raft of new fixed income pricing and reference data products, and believes its legal…
… While Telekurs’ Newbury Jumps Ship to Barclays Global Investors
Richard Newbury, formerly head of product management at Telekurs UK, has started his new role in the knowledge team at Barclays Global Investors.
Telekurs Fills Long-Vacant UK MD Role as Cole Joins from CounterpartyLink…
Martin Cole has joined Telekurs UK as managing director, taking a position that has been unfilled since early last year. Cole comes from legal entity data specialist CounterpartyLink, where he was head of sales and marketing. He brings 20 plus years of experience in the industry, including a stint as managing director, UK and Ireland,…
GoldenSource’s McCormick Follows Lind to Omgeo
Omgeo, the Thomson Financial/DTCC-owned provider of post-trade, pre-settlement services including Alert for standing settlement instructions (SSIs), has hired Fritz McCormick as data business director. McCormick comes from GoldenSource, where he was vice president of business development and alliances. Prior to that he worked at analyst Celent. McCormick is responsible for the evolution of Omgeo’s data…
Existing Regulation Could Spur On Corporate Actions STP, Aite Predicts
The lack of an explicit regulatory imperative to address the efficiency of corporate actions processing is often cited as a reason for the industry’s lack of progress towards this goal. While it’s true that efforts like Giovannini do include corporate actions, there is no specific directive or legislation that demands firms meet a standard for…
Interactive Data Steps Up Focus on Asia to Meet Pent-Up Demand, Pricing, Reference Data Key
Interactive Data Corporation is stepping up its focus on Asia and a key element of what it is offering in the region and for which it says Asian demand is growing are its pricing and reference data capabilities. Interactive Data’s approach in Asia “is not at the division or product level”, according to Roger Sargeant,…
BB&T Renews XSP Licence, Adds Second Data Feed into Golden Copy
Branch Banking & Trust (BB&T) in the US – which has $130.8 billion in assets – has renewed its licence for the XSP corporate actions solution, with the addition of an interface to a second corporate actions data feed – DTC Redemption and Reorganization – to complement the data it already takes from Xcitek, formerly…
Moody’s Acquires Mergent Evaluations Business, Plans to Offer Full Range of Fixed Income Prices
Moody’s has agreed to acquire the assets of Mergent Pricing and Evaluation Service from Xinhua Finance subsidiary Mergent, and will integrate the pricing service for corporate and municipal bonds into Moody’s Evaluations in a bid to offer a complete range of fixed income valuation services. Mergent will support Moody’s new service offering by providing its…
EDI Adds Shareholder Circulars, Says “No Fall-Out” From Decision to Compete Head-On with LSE
Reference and corporate actions data provider Exchange Data International (EDI) has fulfilled a commitment made earlier this year to offer online access to shareholder circulars (Reference Data Review, March 2007). An enhancement to its direct sourced UK corporate actions database WinCAB2, the web-based service enables more timely, easier and cheaper access to these documents, which…