Data Management Insight Blogs The latest content from across the platform
CUSIP Service Bureau’s New Web-Based System Streamlines Request Process
The CUSIP Service Bureau (CSB), the provider of unique issuer and instrument identifiers operated for the American Bankers Association by Standard & Poor’s (S&P), has introduced CUSIP Request, a new web-based system for processing requests for securities identifiers. Together with its internal IT team, S&P created a web-based prototype that enabled customers to attach documents…
Swift CEO Campos Favours ‘Cautious But Intelligent’ Ref Data Strategy
Reference data is a challenging business, and while it is part of Swift’s strategy, the co-operative is taking a “very cautious” but “intelligent” approach to the space. So says its chief executive officer Lázaro Campos in a wide-ranging and frank interview with Reference Data Review’s sister title A-Team IQ this month. As has been well-documented…
Counterparty Data: Finding its Rightful Place in the Sun at Last, As Revenue Generation Gains Hit Home
Progress with industry-level efforts to create a universal standard for entity identification may be going nowhere fast, but this is not preventing financial institutions from undertaking projects to get their counterparty data in order. As a result, counterparty data is fast losing its reputation as the poor relation of the reference data family. As Mike…
Time for a MiFID for Corporate Actions? By Richard Newbury, Head of Product Services at Telekurs
Corporate actions processing is moving to centre stage in the minds of back office managers, in the same way that trading has been to the front office for a very long time. Corporate actions processing is expensive in terms of human resources. There are persistent rumours that missed corporate actions have cost some banks dearly…
West LB in UAT with Asset Control’s AC Plus, Plans To Go Live for Managing WM, Bloomberg in October
The operations group of German bank West LB AG has begun the roll-out of Asset Control’s AC Plus data management solution to first replace a legacy mainframe system managing feeds from WM and Bloomberg, with a view to using AC Plus to replace an inhouse built centralised data management solution in the longer term. The…
Anarchy in the UK (at Least) as Market Participants Fret Over BIC Inadequacy, Future of IBEI as Entity ID
The operations group of German bank West LB AG has begun the roll-out of Asset Control’s AC Plus data management solution to first replace a legacy mainframe system managing feeds from WM and Bloomberg, with a view to using AC Plus to replace an inhouse built centralised data management solution in the longer term. The…
Mellon’s Buzzelli Takes Fund Admin Experience to Reuters
Reuters’ ability to meet the needs of fund administrators and their clients for reference data and pricing services has received a boost from the addition of Brian Buzzelli, formerly vice president and product manager for outsourcing services at the Bank of New York Mellon, as a business manager in its Enterprise Information division in New…
QED Unveils Single Back Office Data Source for Asset Managers
In a bid to help its institutional investment clients reduce the cost and complexity of managing data sources, New Jersey headquartered QED Financial Systems has launched QED Data Connection, a solution designed to enable users of its investment accounting system to access a range of middle and back office data from multiple vendors via a…
BoNY Mellon Upgrades Investment Analytics Product Line…
Bank of New York Mellon Asset Servicing has enhanced its Investment Analytics product line, which provides institutional investors with tools to evaluate and oversee a portfolio’s performance, structure, risk exposure and compliance. The enhancements involve expanded data coverage and improved data quality in three areas: sub-prime risk analytics, fixed income derivatives and short term securities,…
Swift Unveils Free SEPA Data Registration Service
Swift has opened the SwiftDirectories Data Update service, a secure and confidential website where financial institutions can maintain their SEPA-related data. Access to this website is open to any appointed employee of a financial institution. Users can register online and update payments-related data belonging to their financial institution whenever required. From the end of December…