Data Management Insight Blogs The latest content from across the platform
Markit RED Available to Murex Clients
Mutual customers of Murex and Markit Group Limited (Markit) can now access Markit credit pricing and reference entity data (RED) through Murex’s credit derivatives trading and risk management platform. The strategic relationship between the two companies will give joint customers online access to benchmark credit default swap (CDS) and bond pricing as well as reference…
DSTi to Embed Xenomorph’s Time-Series Data Management Platform
DST International has signed an exclusive global agreement with Xenomorph to embed Xenomorph’s time-series data management functionality into its Investment Data Solutions platform, aimed at buy-side users. By offering this support for storage, manipulation and retrieval of largescale time-series data and providing analytic applications and plug-ins to make analytics available in other applications such as…
Reuters Datascope’s Ken Barnes Appointed VP, Business and Planning, at Wombat
Ken Barnes, formerly of Reuters’ DataScope reference data product group, has joined Wombat Financial Software, a low-latency data delivery provider. Reporting to Danny Moore, COO, he assumes responsibility for global marketing and communications, competitor and market analysis, sales process management and channel development and management. He will also manage several Tier 1 accounts in the…
Wachovia Taps Teradata For Basel II Preparation
As part of a new risk management programme, U.S. bank Wachovia is implementing data warehousing technology from NCR subsidiary Teradata. It will use the technology to consolidate its existing disparate risk databases into a centralized warehousing environment. The vendor says the new risk data platform will also enable the bank to meet the data management…
Wang Departs Capco for Citigroup
Samuel Wang, managing principal and head of global marketing at Capco, has left the company to join Citigroup in an undisclosed role.
Markit Launches European ABS Pricing Service
Markit has launched an independent pricing service for European asset-backed securities (ABS), providing same day bid/offer prices and the spreads and average life assumptions on more than 3,500 European ABSs. The service receives daily mark-to-market pricing inputs from all the major dealers, which Markit cleans and validates prior to price dissemination. Dealers have the ability…
Northern Trust Names Krishnamurthy CTO
Northern Trust has named Nirup Krishnamurthy executive vice president and chief technology officer. Krishnamurthy was previously vice president and chief information officer of UAL Corp. Based in Chicago, he will report to Timothy Theriault, president, worldwide operations and technology, at Northern Trust.
Mondas Adds Fidelity ActionsXchange Data to Radica CAPS
A new alliance between Mondas, a corporate actions processing software provider, and Fidelity ActionsXchange, will allow clients working with both companies to receive cleansed corporate actions data feeds from Fidelity ActionsXchange’s ActionService product directly through Mondas’ Radica CAPS platform. The interface will allow Mondas’s Radica CAPS clients to automate the capture of global corporate actions…
EDM Council Swells Ranks at Second Meeting
The Enterprise Data Management (EDM) Council attracted a number of new members at its second meeting, held earlier this month. New members include ABN Amro, Barclays Capital, HSBC, M&G and Nomura, and bring the total membership to 39, representing 25 user firms and 12 members from the five founding vendor sponsors: Cicada, BearingPoint, GoldenSource, IBM…
Abbey Financial Markets Doubles Match Rates with SmartStream
Abbey Financial Markets (AFM) has gone live with SmartStream’s TLM Reconciliations after selecting the vendor last year. According to Steve Jennett, Head of Operations for AFM, the ROI from the project has been significant, claiming STP match rates immediately doubled when cash reconciliations went live on TLM. In a phased roll-out, migrating key reconciliations and…