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Standing Settlement Instructions: Bringing the Poor Relation of Reference Data into the Fold

Awareness of the fact that missing or inaccurate standing settlement instructions (SSIs) are a major inhibitor to true straight-through processing (STP) is as long-standing as the industry’s focus on STP itself. Problems with SSIs are still the biggest single cause of reference data-related trade fails, which themselves are the second biggest cause of fails behind…

Wiener Börse Taps Interactive Data To Support MiFID Offer

Interactive Data Corporation’s Pricing and Reference Data business is to supply reference data to Austrian securities exchange Wiener Börse to support its new MiFID OTC transaction reporting facility. Interactive Data’s MiFID related reference data identifies trade venues and their types by location codes, the most relevant market for an instrument, whether an instrument is within…

AIM Software and Italian Partner Implement GAIN at Arner Bank

Lugano, Switzerland-based Arner Bank is implementing AIM Software’s data management environment GAIN for the integration of price, static and corporate actions data provided by Bloomberg and Telekurs Financial. The project is slated for completion in September, with go-live planned for October. Arner Bank is implementing GAIN in conjunction with Galileo – the Security Master File,…

PolarLake Apponts Brazel as Chairman

PolarLake has appointed Patrick Brazel, an industry veteran of 25 years, as chairman. Brazel is also chairman of GoldTier.

Rimes Technologies Adds Russell Global Indexes As a Data Partner

Rimes Technologies, an integrator of financial information services, has added Russell Global Indexes to its portfolio of data partners. This family of global stock indexes, comprising of more than 10,000 securities divided into a family of indexes which cover 22 regions and 63 countries, is now available through Rimes’ integration platform, offering a set of…

CDO Software Integrates CMA DataVision Feed

CDO Software, provider of tools for users of structured credit products, has integrated the CMA DataVision same day credit default swap (CDS) pricing data into its CDO Tools suite. Sunay Shah, CEO and founder of CDO Software says in today’s market most firms want as much transparency as possible, and that requires taking numerous different…

Williams Departs as U.K. MD of Citadel Associates

Jean Williams, U.K. managing director of buy side data management solutions vendor Citadel Associates, is no longer with the company. At press time, her whereabouts could not be ascertained.

Bloomberg Adds Pricing, Risk Data from NumeriX

Bloomberg has made NumeriX’s pricing and risk analytics available to users of its Bloomberg Professional service, via a select set of Bloomberg Professional calculators. In collaboration with Bloomberg, NumeriX has developed a fully integrated and enhanced version of NumeriX 6, its flagship pricing and structuring application, dubbed the NumeriX Bloomberg Edition. The Bloomberg version features…

Buzzelli to Depart Mellon to Join Reuters

Brian Buzzelli, who has led Mellon Financial’s foray into provision and management of reference data as part of its securities administration services offerings, is leaving the custody bank to join Reuters’ enterprise data group as part of the DataScope team. Further details weren’t available at press time.

Quantifi Achieves Markit Alliance Partner Certification

Quantifi has received Certified Alliance Partner status under Markit’s certification programme. The Markit Alliance certification program was launched earlier on this year to ensure the technical integration of Markit’s data services by third party vendors. Quantifi received this certification after demonstrating that its integration of CDS, CDS Indices, RED (Reference Entity Database) and Tranche data…