Data Management Insight Blogs The latest content from across the platform
NAB Custodian Services Selects Markit Complex Derivatives Valuations…
NAB Custodian Services (NCS), a securities services provider in Australia, has appointed Markit provider of complex OTC derivatives valuations. Markit will provide NCS with an independent, post-trade calculation of the gross asset value of a portfolio of complex OTC derivative trades. Valuations will be provided on a daily basis for vanilla and exotic instruments, and…
COR FS Revamps Salerio for Improved Ref Data Management
COR Financial Solutions (FS) has unveiled a new release of its Salerio post-trade exception management solution which includes a new user interface, enhanced search capabilities and easier navigation around standing data tables, designed to make reference data easier to manage. According to Lee Runciman, head of business development at COR FS, standing settlement instruction (SSI)…
Delta Lloyd Selects CMA For Price Verification
Delta Lloyd Asset Management, a Dutch fund manager, has selected CMA’s price verification data service, CMA DataVision. Arnold Gast, head of credit for Delta Lloyd Asset Management, says: “We selected CMA DataVision because it provides a timely, comprehensive, true market view. We also like CMA’s buy side aggregation model focus on gathering average pricing views…
Netik Close to Three Deals for Packaged Data Model
Netik is in the final phase of due diligence with three organizations for Netik Data Model Plus, a packaged-up version of the data model on which its Netik InterView data warehouse is based. The new product is aimed at large investment managers and asset servicers that have decided to build their own data warehouses –…
F&C Selects Citadel Associates’ CADIS for Data Management
F&C Asset Management has selected Citadel Associates’ CADIS as its data management platform. F&C is among a number of investment managers to take CADIS in recent months, with others including AMVESCAP, the Canada Pension Plan Investment Board (Reference Data Review, November 2006) and Schroders plc (Reference Data Review, February 2006).
Worried About IBEI and MiFID? Don’t Be… By Georg Eisel, Managing Director, WM Datenservice
As markets coalesce across systems and nations, the financial industry is faced with a new challenge. Thanks to new information technology, products and services are more integrated than ever. EU legislation, such as Basel II, the Transparency Directive and MiFID, is on the increase. It is now incumbent upon the financial industry to come to…
Daiwa Securities Extends XSP Software Agreement with Xcitek
Daiwa Securities America has extended its XSP software agreement with Xcitek for corporate actions processing. The Japanese-owned broker/dealer, which implemented the application in 2004, has renewed its contract for another three years. Xcitek will also accelerate its delivery of the Swift Standards Release (SR) 2007 Upgrade for XSP to clients. Xcitek will be delivering its…
Universal Business Entity Identification: An Impossible Dream? By Ken Price, CEO, Avox
A unique, international business entity identifier (IBEI). What’s so hard about that? We send shuttles into space, perform heart transplants and generate nuclear power. Why do we have such a hard time agreeing on the identity of a mining company in Johannesburg, a drug company headquartered in Basel or a hedge fund in the Cayman…
Bank Mandiri (Europe) Implements Cicada Profiler
Bank Mandiri (Europe) is installing Cicada’s Profiler software as part of an internal project to evaluate the advantages of automating its client onboarding, periodic compliance reviews and AML risk rating process.
Swift Gears Up for CIVICs, Nears Selection of Data Partners
As it evaluates third party database solutions and prepares to select a partner or partners to bolster its data gathering and validation capabilities, bank-owned messaging services provider Swift is making progress towards the creation of a directory of collective investment vehicle identification codes (CIVICs) based on the bank identifier code (BIC). However it is resolute…