Data Management Insight Blogs The latest content from across the platform
Globalisation Makes Life Harder for Corporate Actions Processors, Sibos Panellists Say
Despite the efforts of industry groups and standardisers in recent years, the job of processing corporate actions is getting harder, not easier. Greater levels of international investment and the growing complexity of the products in which clients are investing are key reasons for this, suggested Justin Chapman, senior vice president at Northern Trust, during a…
ICMA Ltd Plans Data Products, Extension Of TRAX2 to More Instruments
Data products will be at the heart of a new raft of offerings being developed by ICMA Ltd, the market services division of the International Capital Market Association (ICMA). In an effort to more effectively utilise the data assets it has acquired through its provision of the TRAX trade matching and transaction reporting system for…
New PolarLake Apps Offer Insight Into Downstream Data Quality
Dublin-based integration vendor PolarLake is touting a suite of business intelligence applications it says are complementary to its reference data distribution application, PolarLake RDD (Reference Data Review, March 2007). According to the vendor’s CEO John Randles, these applications are designed “to give the business confidence in the integrity of data to downstream systems”. PolarLake’s Data…
Swiss Financial Market Services Group Appoints Gomez Chairman, Rüegsegger CEO
Following the unanimous approval for the merger of the three companies SWX Group, SIS Group and Telekurs Group, the new Swiss Financial Market Services Group has appointed Peter Gomez (to date chairman of the SWX Association as well as the board of directors of the SWX Group) as chairman of the board. The board will…
Downstream Data Distribution a Rich Seam of Opportunity for Vendors, Aite Analyst Says
In its new report, Managing the Rapids of Downstream Data Connectivity, analyst Aite Group predicts spending on downstream connectivity around enterprise data management projects in Europe and the US will exceed $2.5 billion in 2008. The report also finds that EDM projects typically mature an average of three years before firms really start to tackle…
Data Management Sales Head John Wallis Leaves SunGard
John Wallis, formerly head of EMEA sales for SunGard Data Management Solutions, has departed the vendor for pastures new. He came into the SunGard fold when the software giant acquired Fame Information Services in late 2003. Wallis’s departure follows the ejection from SunGard late last year of high profile EDM figures Marc Odho and Rob…
Broadridge and NewRiver Extend Agreement on Disclosure Doc E-Delivery
Broadridge Financial Solutions has extended its agreement with NewRiver to provide a database of disclosure documents to assist Broadridge in electronic delivery of regulatory documents to investors. For the past five years, Broadridge has worked with NewRiver and a select number of Broadridge clients for e-delivery of confirming and first-dollar prospectuses. NewRiver sources 23,000 disclosure…
S&P Buys Imake Consulting, ABSXchange to Boost Structured Finance Data, Analytics, Modelling
Standard & Poor’s has acquired Imake Consulting, a provider of software and services to the structured finance market, and ABSXchange, an end-to-end solution provider for structured finance data, analytics and modelling. S&P is aiming improve its ability to analyse structured finance transactions including residential mortgage-backed securities, commercial mortgage-backed securities, asset-based securities and collateralised debt obligations….
EDM Evolves to Cover Workflow Orchestration, Study Finds
Enterprise data management (EDM) is entering a new phase, progressing from a goal of collating, cleansing and storing data, and evolving into a broader strategy encompassing workflow orchestration and subsequent distribution to downstream applications. This is one of the key findings in a new white paper produced by A-Team Group and sponsored by Reuters. The…
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…