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GoldenSource Hires Gallagher for Sales, Edelstein for Product Role

GoldenSource has bolstered its ranks with the hire of two new senior executives. Ed Gallagher joins as senior vice president, head of sales and client operations for the Americas, and Neil Edelstein is the vendor’s new senior director of product solutions. Gallagher was most recently president and CEO of independent research provider Rapid Ratings, and…

OTC Derivatives Shake Up Data Management; Data Consistency Key

The growing use of OTC derivatives is shaking up data management strategies across the industry. Three-quarters of firms have re-evaluated or are planning to re-evaluate their data management processes as a direct result of the expansion in use of these instruments (see chart, below), according to a survey conducted by A-Team Group (publisher of Reference…

Tim Lind Leaves GoldenSource for Strategy Role at Omgeo, Sees Opportunities to Partner Swift on SSIs

Tim Lind has parted ways with enterprise data management specialist GoldenSource for pastures new at Thomson Financial/DTCC-owned post-trade, pre-settlement solutions provider Omgeo. As Omgeo’s new managing director, strategic planning, Lind reports directly to president and CEO Marianne Brown, and is also a member of Omgeo’s executive team. Lind’s move must be viewed as something of…

CMA Appoints Peter Vitale Vice President, Sales

CMA, the credit information specialist, has appointed Peter Vitale as vice president, sales for its credit market pricing data (CMA DataVision) and intraday services (CMA QuoteVision). Vitale, previously head of sales at GFI’s Data & Analytics North America Division, will be based in New York, charged with responsibility for sales and account management globally.

Netik, Thomson Ally to Take On Single Vendor Accounting/Data Players

Financial data warehouse provider Netik and Thomson Financial have teamed to integrate Thomson Portia and Netik InterView, in order to provide investment managers with what the partners say is a best of breed solution for investment accounting, data management and reporting. According to the two vendors, while firms have historically been limited to a single…

Data Explorers Expands Client Relationship Management Team

Securities lending data provider Data Explorers has expanded its London and Boston sales and client services teams. Colette Vernon joins the CRM team in London, and Stephanie Le Blanc joins the Boston team, both reporting to Lucy McIntosh, head of client services. Vernon previously spent more than five years at Clearstream Banking as a senior…

Thomson, Reuters Boards Agree to Combination Transaction

The boards of Thomson and Reuters have agreed to combine the two groups, and intend to recommend the transaction to their shareholders. Woodbridge, the Thomson family holding company which controls some 70 per cent of Thomson, has irrevocably committed to vote in favour of the transaction, and the Reuters Founders Share Company, which controls a…

Standard & Poor’s Appoints Burleigh Head of Sales EMEA

Standard & Poor’s has hired Damian Burleigh as head of sales and client service in Europe, Middle East and Africa. Burleigh, previously vice president, sales, Europe for S&P in London, will be responsible for sales and client relationships across Standard & Poor’s range of products and services.

Telekurs Financial Unveils New Fair Value Service for Illiquid Bonds

Telekurs Financial has launched a new Fair Value Service for valuing illiquid bonds. The engine-driven evaluation service complements the evaluated pricing data Telekurs Financial takes in from partners such as Mergent, FRI, Bear Stearns and Standard & Poor’s, and has been developed by the vendor to meet a perceived growing demand for illiquid bond pricing….

Markit Expands Executive Team with Cameron Hire

Markit Group has appointed Niall Cameron to its executive management team. Cameron joins Markit as an executive vice president and will take responsibility for Markit’s Index Management and Equities businesses. Most recently Cameron was global head of traded markets and member of the global markets executive committee at ABN Amro, where he worked for more…