Data Management Insight Blogs The latest content from across the platform
GoldenSource Hires Greg Stockett as Chief Financial Officer
GoldenSource has appointed Greg Stockett, most recently the CFO of GlobeOp Financial Services, as its chief financial officer, replacing its outgoing CFO Harpreet Grewal.
Trio of Ex-SunGard Data Experts Offers EDM Consulting
In a reunion of ex-SunGard executives, data veterans Marc Odho and Rob Ord have joined Dale Richards to launch the LakeFront Data Ventures (LDV) Consulting Group. Richards is CEO of the company, which he says is already engaged in enterprise data management assignments in both the vendor and client spaces. Odho and Ord, made redundant…
CB.Net Appoints Tim Boyce Chairman
Payments reference data specialist CB.Net has appointed Tim Boyce, formerly a non-executive director, chairman, to support its international growth. CB.Net’s former chairman Phillip Horsnall remains on the board as a non-executive director.
DSEL Picks FinArch Over GoldenSource for Positions
Daiwa Securities SMBC Europe Limited (DSEL), the UK based investment banking joint venture owned by Daiwa Securities Group and Sumitomo Mitsui Financial Group, has begun the implementation of the Financial Studio finance resource planning software from Financial Architects (FinArch). The implementation of the financial database is the second phase of DSEL’s far reaching project to…
Accenture Loses Data Outsourcing Leader Bill Cline to Acai Solutions
Bill Cline has left Accenture, where he was managing director, global capital markets industry for North America and Asia-Pacific, and had spearheaded Accenture’s managed reference data service proposition in conjunction with Asset Control. He is now global managing partner at New York City-based management consulting company Acai Solutions. Cline’s departure from Accenture follows the retirement…
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…