Data Management Insight Blogs The latest content from across the platform
Client Deal Triggers Reuters Partnership with GoldenSource
Triggered by a client project at a major U.S. investment bank, Reuters has entered into partnership with GoldenSource to make its DataScope reference and historical data services available via GoldenSource’s enterprise data management platform. The initial implementation will offer access to Reuters’ equities, fixed income, static and price data as well as RIC code identifiers….
Avaloq, AIM Partner with Comit for VDF Integration Project…
Banking systems provider Avaloq and reference data and risk management software firm AIM Software are developing an interface between their respective products. The deal will enable Avaloq to support multiple data feeds into its core banking system using AIM’s Gain DataDesktop. AIM has also enlisted the help of European IT provider Comit to integrate into…
Banc of America Securities Endorses Outsourcing With SunGard Reference Data Management Deal
Banc of America Securities is putting its money where its mouth is by signing up as the first client for SunGard’s Managed Data Service, and effectively endorsing the outsourcing model for reference data management. BAS had previously indicated its support for outsourcing services by becoming a charter member of SunGard’s data management advisory panel (Reference…
… While AIM Expands Data Partners with Reuters Deal
AIM Software has also entered a deal with Reuters to provide access to Reuters’ DataScope service within its Gain DataDesktop platform. The company has also introduced a new Gain Light Reuters as a basic version for the processing of Reuters’ data.
Outsourcing: The Time is Now?
Is outsourcing for reference data management an idea whose time is coming? This is a question we were keen to ask our faithful Reference Data Review readers when we set out in April to do another one of our surveys. We measured the views of sell-side, buy-side and custodian firms in the U.K., Mainland Europe…
One Month To Go ’Til EUSD; Industry Still Not Ready
With just over 30 days to go before the EU Savings Directive (EUSD) comes into effect on July 1st 2005, it appears the industry is far from being prepared. The impact of not being ready could at best result in financial institutions paying too much tax and having to deal with refund claims from customers,…
Xcitek Adds Interface to DTCC’s GCA Service…
Xcitek has extended its relationship with the DTCC to add support for its Global Corporate Action (GCA) Validation Service. Support will be offered in Xcitek’s latest version XSP 4.6 corporate actions management service. It has also partnered with Tap Solutions where Tap will build a feedhandler to load Xcitek’s corporate actions and municipal actions data…
Reuters Targets Europe With New Evaluations Service
Reuters is targeting the evaluations pricing market in Europe, with the addition of European-issued debt securities evaluations to its DataScope reference data service. The service will be bring the vendor into a space currently dominated by FT Interactive Data, and increasingly focused on by Standard & Poor’s. As reported by Reference Data Review at the…
FT Interactive Data Results Show Continued Growth
FT Interactive Data’s parent Interactive Data Corp. has reported results for the first quarter ended March 31. Its revenues grew 8.5 percent over last year’s quarter to $86 million. Its North American revenues grew 8.5 percent due to continued demand for evaluated and descriptive services. Europe showed improved performance with revenues growing by 8.7 percent.
Paris Moves On From Deutsche Bank
David Paris has left Deutsche Bank where he was global head of information management services within the bank’s global technology and operations group, based in London. In this role he had worked on the data management initiatives focused on meeting regulatory requirements of KYC and Anti-Money Laundering. No word yet on where he plans to…