Data Management Insight Blogs The latest content from across the platform
Bank of New York Mellon Reviews Legacy Reference Data Assets
The Bank of New York Mellon is currently analysing the reference data assets inherited from both the Bank of New York and Mellon pre-merger, as part of its efforts to create a “best of breed” platform to support its clients going forward. A decision is expected by the end of this year on what the…
McGee Suffers Same Fate as Simon as Corero Restructuring Makes CEO Role Redundant
Jarlath McGee has agreed to resign his role as chief executive and board member at Corero, formerly Mondas, the troubled provider of among other solutions the Radica CAPS corporate actions processing system. McGee had himself earlier engineered the removal of Tim Simon, Mondas’s founder. This move follows Corero’s restructuring into two operating divisions – financial…
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…
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…