Data Management Insight Blogs The latest content from across the platform
Swift Promises Controlled Migration To ISO 20022 CA Messages
ISO 20022 versions of the Swift messages that have been the foundation for much of the industry’s progress in automating corporate actions are to be made available by the end of Q4 2009 at the latest, under plans recently formulated by the co-operative. There will be a period of co-existence of ISO 20022 and the…
Leaper, Erman Boost Eagle’s Sales, Professional Services Capabilities
Bank of New York Mellon-owned Eagle Investment Systems has appointed Robert Leaper and Robert Erman to its senior management team. Leaper, senior vice president of global sales, will be responsible for extending Eagle’s business globally around its investment accounting, data management and performance measurement solutions. As senior vice president of professional services for Eagle, Erman…
Bank of New York Mellon Reviews Legacy Reference Data Assets
The Bank of New York Mellon is currently analysing the reference data assets inherited from both the Bank of New York and Mellon pre-merger, as part of its efforts to create a “best of breed” platform to support its clients going forward. A decision is expected by the end of this year on what the…
McGee Suffers Same Fate as Simon as Corero Restructuring Makes CEO Role Redundant
Jarlath McGee has agreed to resign his role as chief executive and board member at Corero, formerly Mondas, the troubled provider of among other solutions the Radica CAPS corporate actions processing system. McGee had himself earlier engineered the removal of Tim Simon, Mondas’s founder. This move follows Corero’s restructuring into two operating divisions – financial…
LSE Collaborates with FOW TRADEdata to Automate, Expand Allocation of Sedols for Futures and Options
The London Stock Exchange has entered into a strategic collaboration with FOW TRADEdata, aggregator and distributor of reference data for exchange traded derivatives, with the aim of bringing Sedol instrument codes fully into the futures and options market. As a result of the relationship, Sedol codes, in addition to other identification codes used within the…
OpenLink Adds Markit, Bloomberg Interfaces in New Release of Findur
OpenLink, a provider of cross-asset trading, risk management and operations processing software solutions, has released Version 8.1 of its Findur credit derivatives trading platform. Among other enhancements, the new version offers an interface to derivatives data services from Markit Group as well as access to instrument data from Bloomberg. The Findur platform performs a broad…
Northern Trust to Provide Data Management To Vontobel under Outsourcing Arrangement
Northern Trust has successfully migrated the non-portfolio management related investment operations – including data management – of Vontobel Asset Management, the New York-based investment management subsidiary of Switzerland’s Vontobel Holding, to Northern Trust’s investment operations outsourcing platform. As well as handling the investment manager’s data management operations, Northern Trust will provide post-trade execution support, trade…
Corero Wins New Deal For Radica CAPS Corporate Actions System
Corero, the former Mondas, has received a number of orders totalling more than £270,000 from an undisclosed major investment bank. They include a licence for a module of Radica CAPS, which forms part of a delayed previously announced order, as well as associated professional services and maintenance over the next four years. It will be…
Paladyne Names Simmonds to Head Europe
Paladyne Systems has named David Simmonds, formerly of Misys to head its new London Office.
Barclays Global Investors, BBH Exchange FpML Messages over Swiftnet
Barclays Global Investors and Brown Brothers Harriman have become the first asset manager and custodian to exchange FpML (Financial products Markup Language) based contract notifications over Swiftnet. Soon after, State Street, on behalf of PIMCO and other buy-side customers, began testing FpML communication with Bank of New York, Mellon Bank, Northern Trust and State Street…