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Raeves Surfaces at Goldensource

Goldensource has hired Gert Raeves as vice president of business solutions, based in London. Raeves was previously with CheckFree Heliograph in a product marketing role, as well as with Swift and JP Morgan in various roles. At GoldenSource, Raeves will report to Mark Zill, executive vice president of global software operations.

… While Telekurs Outsources Data Input to Capgemini in India

Meanwhile Telekurs Financial has opted to outsource the management of a data input center in India for financial information to Capgemini Schweiz. The three-year deal does not appear to impact any existing data centers, but is aimed at “Giving us flexibility in manpower increases together with very good cost efficiency,” said Eugen Niesper, chief executive…

Church Retires from Cicada After 32 Years in the Business

Martin Church has retired from Cicada, after seven years with the company, and a total of 32 years in the financial information industry. Church established Cicada’s U.K. and European operation in 2000 and served as a board member in other enterprises in the Cicada group of companies. He will continue to serve as a special…

Xcitek Wins European Client In Mizuho International

London-based Mizuho International has gone live with Xcitek’s XSP software for corporate actions processing, following a detailed evaluations process of a number of systems providers. Said John Sweeney, executive director of Securities Services at Mizuho International, “XSP gives us end-to-end automation in our asset servicing area and enables us to offer a strong and competitive…

Asset Control Enhances Data Management in Version 6.0

Asset Control has released version 6.0 of its AC Server, the core of its data management solutions. The new server provides “significant performance improvements and enhancements” resulting from new features. These features include clustering, to help avoid single points of failure, increased flexibility to create fault-tolerant architectures, and 64-bit support, enabling faster and more efficient…

JPMorgan WSS Launches Sites For Compliance Officers

JPMorgan Worldwide Securities Services has introduced two new websites targeted at chief compliance officers to help them meet various mutual fund compliance requirements. The U.S. Securities and Exchange Commission requires mutual funds to appoint COOs and implement comprehensive policies and procedures to prevent fund companies and advisors from violating SEC regulations and securities laws. The…

Capco Introduces Dividend Forecasts to Global Index Monitor

Capco Reference Data Services is expanding its Global Index Monitor product, acquired through the purchase of Iverson Financial to include dividend forecasts. The new data, branded Global DivCast, will be available in the fourth quarter of this year. It is being positioned as a centralised source of dividend data providing current and accurate dividend projections…

EUSD: Catch Up on Progress

As mentioned in our special focus supplement of the June edition of Reference Data Review, the EU Savings (Tax) Directive went into effect on July 1, with implications for paying agents on identifying instruments falling under the directive. Data vendors worked with user firms to help by providing tagged data within product modules. FT Interactive…

Changes at Cicada; Schachne, Bhimani Leaves; Redfern, Stacey Transfer to CPL

There have been changes at Cicada as Bruce Schachne has left his role as vice president of global sales to join Standard & Poor’s as vice president of marketing in the global market development division of its ratings group. Hubert Holmes will now resume the global sales management role in addition to his business development…

Reuters Adds Another Third-Party Distributor, Linedata…

Reuters is making its Datascope reference and historical data solution available through Linedata Services. The data will be accessible through Linedata’s Icon fund management system, which covers real-time investment accounting, portfolio valuation, collective investment pricing and management/client reporting. Pete Hudson, head of product marketing at Linedata Services (UK), says, “We are seeing increasing demand from…