Data Management Insight Blogs The latest content from across the platform
Swift to Consult with Marketplace On Eleminating Barrier 1 Gaps
Securities reference data is a key area where there are gaps in existing ISO message coverage which will need to be filled if ISO messaging is to provide a complete solution for removing Giovannini Barrier 1, a gap analysis exercise recently completed by Swift has concluded. Barrier 1 refers to the inefficiencies created by the…
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…
Data Governance “Poorly Practised”
The concept of data governance is one much bandied about in EDM circles, especially as the notion of purely centralised data management morphs into a more pragmatic strategy of centralised control over distributed data stores. But, as is well documented in a new white paper written by Baseline Consulting and sponsored by master data management…
Europe Arab Bank Signs with CounterpartyLink for Entity Data
CounterpartyLink has announced a three year, enterprise-wide agreement to provide legal entity data to Europe Arab Bank (EAB) in London. EAB is a new wholly-owned subsidiary of Arab Bank, providing a niche service to European companies and individuals wishing to transact with the MENA region. Philip Hindley, head of compliance at EAB, says the bank…
Capco and Lombardi Team to Provide Best of Breed BPM Offering, Capco Seeks Further Ref Data Partner
Capco and Lombardi , provider of business process management (BPM) suite software and services, have joined forces to strategically market and sell the Teamworks BPM suite as part of Capco’s Client Profile Management (CPM) solution. According to Nick Jackson, partner at Capco, there are many drivers for delivering the joint offering – client demands, regulatory…