Data Management Insight Blogs The latest content from across the platform
Emirates Bank Deploys Quantifi XL For Structured Credit Pricing
US analytics vendor Quantifi has signed up its first Dubai based client. Emirates Bank has taken Quantifi XL as a front office tool for pricing and analysing structured credit products. Quantifi XL is designed to provide access to pricing and risk analysis of credit products from within Excel, and is targeted at banks, hedge funds,…
JJ Gets Down to “Nitty-Gritty” of “Grimy” Data Business
Reference data projects are “huge, scary and often not perceived as adding measurable value”. To avoid being derailed by the complexity and long payback time of such projects, firms should break the problem down into manageable chunks and accept that great value can be added to the business by addressing just part of the problem,…
Lewtan Technologies Signs DBRS to ABSNet
Credit rating agency Dominion Bond Rating Service (DBRS) is to use Lewtan Technologies’ ABSNet and ABSNet Cash Flows services to help strengthen its presence in the European structured finance market. “ABSNet Cash Flows gives us the ability to accurately model the asset cash flows and note payment rules, which allows us to test each tranche…
IT Complexity, Budget, ROI Key Challenges for EDM Projects
Confirmation that understanding of the importance of enterprise data management is growing among C-level executives comes this month in a new report commissioned by GoldenSource. According to the report, based on 17 interviews with CTOs and CIOs within financial services firms in North America and Europe, 47 per cent of respondents say their firms have…
Xcitek Completes Swift Testing For Corporate Actions
Xcitek has successfully completed testing of ISO messages submitted by its flagship software, XSP, to Swift’s Corporate Actions Test and Certification Proof of Concept (POC) programme. In an effort to improve the quality of FIN Corporate Actions messages and overall STP, the Swift POC tested the validity of ISO messages submitted by participants to comply…
Schroders Takes Citadel’s CADIS For Pricing and Analytics
Global asset manager Schroders plc is implementing Citadel Associates’ CADIS data management system for pricing and analytics. Schroders is the fourth investment manager to take CADIS in recent months, with others including AMVESCAP and the Canada Pension Plan Investment Board (Reference Data Review, November 2006). Robin Strong, Citadel’s head of sales and marketing for EMEA,…
Telekurs Financial Bridges the Gap between Europe and Asia
Telekurs Financial has signed a cooperation agreement with Telenet Systems of Dubai to service clients in the Arabic-speaking markets in the MENA (Middle East & North Africa) regions. Up to now, clients in the MENA region were covered by a number of different Telekurs subsidiaries. Under the terms of the agreement with Telekurs Financial, Telenet…
Financial Tradeware Facilitates GlobeTax’s StatRate Via Swiftnet
Financial Tradeware and tax reclamation specialist GlobeTax have formed a partnership to provide GlobeTax’s StatRate, an automatic data feed which provides financial institutions with market by market statutory withholding tax rate data (Reference Data Review, September 2006), via Swiftnet FileAct. GlobeTax created its StatRate service based on Swiftnet FileAct to deliver daily file based tax…
Goal Acquires Securities Class Actions Specialist Magenta One
Global Operations and Administration Limited (GOAL), a provider of tax reclamation services, has completed the acquisition of Magenta One, a securities class actions specialist. As a wholly owned subsidiary of GOAL, the business will trade under the new name of Magenta One Global Limited, operating out of GOAL’s headquarters in the City of London. David…
CIG Supports AIM Software in US, Targets Mid Office Needs
New York based consultancy Computer Intelligence Group (CIG) has partnered with Austria based AIM Software to market, implement and support its reference data management platform GAIN in the US, with an initial focus on large banks, brokers and mutual funds in New York and Boston. The two companies – which are also working closely with…