Data Management Insight Blogs The latest content from across the platform
IDC Awarded Patent for Fair Value Pricing of Financial Assets
Interactive Data Corporation’s Pricing and Reference Data business has been granted a patent by the US Patent and Trademark Office for the fair value pricing of a financial asset. As Reference Data Review went to press, IDC also announced that its Pricing and Reference Data business has been selected by HedgeSpeed Technology – provider of…
GoldenSource Appoints Neill Vanlint as SVP Client Operations EMEA and Asia
GoldenSource has appointed Neill Vanlint as senior vice president of client operations EMEA and Asia as part of the company’s strategy to support global business growth with particular focus on the emerging European and Asian financial markets. Reporting to Mark Zill, senior vice president of global client operations, Vanlint’s previous professional services role has been…
Bloomberg Should Succeed in Evals Business, TowerGroup Says
Bloomberg is likely to enter the evaluations business this year, and when it does make a proper attempt on the market, will probably have “reasonable” success. This is the view of TowerGroup analyst Matt Nelson, who presented the findings of the analyst’s recent report on the providers of evaluated pricing at the recent Technology Solutions…
At your service…
The world of reference data does not typically get associated with the newest and sexiest innovations in technology, more’s the pity. But there are signs that this is changing, with a growing number of players active in the service oriented architecture (SOA) space rounding on reference data distribution as a target area for implementation of…
Fairhead to Replace Fallon on Interactive Data Board
Interactive Data Corp has appointed Rona Fairhead to its board as one of five Pearson-affiliated directors. She succeeds John Fallon, who resigned earlier this month. Fairhead is chief executive of the Financial Times Group, where she is responsible for overseeing the Financial Times newspaper, the Economist Group, the FTSE Group joint venture with the London…
Euroclear Builds ISO 20022 CA Messages for Issuer to CSD Leg
Euroclear is building a set of ISO 20022 corporate actions messages for issuer to CSD communication, as part of its move to a single platform across all its markets and the implementation of its new Common Communications Interface. The new messages will replace existing proprietary electronic communication between issuers or issuers’ agents and the CSDs…
EDI Avoids LSE Policy Change By Generating UK CA Data Itself
Data vendor Exchange Data International (EDI) is to compete head to head with the London Stock Exchange on UK corporate actions data, in a move it positions as being a direct response to recent data pricing and distribution policy changes by the LSE. EDI has been a vocal critic of the changes affecting LSE’s corporate…
Ascend Launches Checker to Address IBAN/BIC Requirements
Cross-border payments specialist Ascend Global Solutions has added Checker to its suite of J2EE products. Checker is a web-based tool designed specifically to mitigate the effect of the recent BIC to IBAN initiative, which requires that all euro payments must have valid branch and account numbers to avoid the risk of rejection and penalty charges….
Abbey Financial Markets Live on DTCC Corporate Actions Data
In what DTCC says is a significant boost for the international penetration of its Global Corporate Actions Validation Service (GCA VS), Abbey Financial Markets has gone live with the scrubbed corporate actions data source, taking the ISO 15022-formatted feed directly into its trading system Global One. There are now 22 users of GCA VS, including…
As Sale of Corporate Actions Specialist Xcitek Looks Likely Once More, Speculation Mounts as to Buyer
Speculation that a sale of US-based corporate actions software and data vendor Xcitek could be imminent is mounting. The provider has been rumoured to have been seeking a buyer for some time, with talk of a sale reaching a peak around October last year. Activity seemed to have slowed in the early part of 2007,…