Data Management Insight Blogs The latest content from across the platform
Interactive Data Closes Acquisition Of Xcitek Market Data
Interactive Data Corporation has closed the acquisition of the assets comprising the market data division of Xcitek and the market data assets of its affiliate Xcitax for $25.3 million in cash (Reference Data Review, March and April 2007). As part of the initial integration efforts, Xcitek’s services will be marketed as Interactive Data Xcitek.
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…
Value at risk?
News that Telekurs Financial is entering into the evaluated pricing space under its own steam with a new Fair Value Pricing service for illiquid bonds prompts us to reflect on how busy the evaluated pricing arena is getting. If, as it has long been expected to do, Bloomberg finally unveils its evaluations offering this year,…
DTCC Picks up Penson Canada For Corporate Actions Data
Penson Financial Services Canada is the first Canadian clearing firm to use DTCC’s Global Corporate Action Validation Service (GCA VS). It joins a major Canadian bank among the users of the service, and DTCC says it is in active discussions with a number of other organisations in Canada about GCA VS. Susan Spivey, head of…