Data Management Insight Blogs The latest content from across the platform
Swift Not Fast Enough For Reference Data Role
Swift’s core strengths of security and resilience are also the major impediments to it fulfilling its aims in the securities reference data space, where it is speed that counts. This was one key message delivered during a panel session entitled “A new age for reference data – collaboration”, which took place on the first day…
CicadaRisk in Transition To Independent Entity
An announcement is expected within weeks concerning the repositioning of CicadaRisk, provider of risk management solutions based on Algorithimics’ risk technology and Cicada’s data management technology. The objective is to enable CicadaRisk to operate more as an independent entity within the financial markets vertical of its principal financial backer Investors Guaranty. CicadaRisk has operated as…
Mellon’s Harkins Offers Guide To Successful Team Building
People – specifically, finding the right ones, training them appropriately and hanging onto them – were key themes at this month’s ‘Reference Data Management: Challenges and Solutions’ symposium hosted by Telekurs in New York. The symposium, also featuring Dun & Bradstreet’s Keith Webster, Telekurs’ Barry Raskin and Reference Data Review’s own Andrew Delaney, offered insight…
Bank Deploys Aleri Stream-Processing Platform for Ref Data
Stream-processing technology is big news in the market data world, where the demands of algorithmic trading are driving investment in solutions to support high-volume, low-latency, fast-moving environments. To date, it has not been widely suggested that low latency was so important in the context of reference data, but an early sign that streaming technology could…
CounterpartyLink Inks Deal With Nomura International
Nomura International has signed a three-year agreement to take legal entity data from CounterpartyLink. According to the vendor the international arm of the big Japanese bank is using its legal entity data product to validate and enhance its entity reference database. Nomura’s entity data files are compared to the corresponding entity records held by CounterpartyLink,…
Siperian Brings Client Data Management System to Europe
Providers of counterparty and client data management solutions in Europe face new competition from California based Siperian, which in partnership with Deutsche Boerse-owned counterparty data specialist Avox has secured a soon-to-be-announced deal with what it describes as a major European bank. On the back of this, Siperian is beefing up its presence in Europe, opening…
S&P Investigates Pre-packaged Reference Data Solutions to Meet Risk Needs of Buy Side
Standard & Poor’s is exploring the possibility of creating pre-packaged reference data solutions for investment managers seeking cost effective means of complying with the risk and regulatory demands generated by their greater use of alternative asset classes. This follows research carried out by S&P – which has traditionally provided data to the sell side of…
Asset Control Bags E*Trade, Calyon, Sets Sights on Asia-Pacific
As its deal with E*Trade increases its tally of U.S. customers, Netherlands-based data management platform vendor Asset Control is setting its sights on the Asia-Pacific region, as well as planning to leverage its data management platform to create vertical solutions. Asset Control has announced two sales this month. The E*Trade Securities subsidiary of E*Trade Financial…
SunGard Buys Soliton at Last For Data Management Expertise
In a deal which appears to have taken some two years of on-off negotiations to come to fruition, SunGard has acquired the TimeSquare business of Toronto headquartered data management solutions vendor Soliton. TimeSquare becomes part of SunGard’s referencePoint enterprise data management (EDM) managed services and solutions business. SunGard says there are no plans to make…
President Role Propels Ex-SunGard Man Richards to BPS
Dale Richards, the ex-SunGard executive vice-president who launched its enterprise data management strategy, has been named president of BPS (Business Propulsion Systems), provider of enterprise governance, risk and compliance solutions. Since leaving SunGard, the former FAME CEO had been running LakeFront Data Ventures, a company seeking to build a network of small EDM providers. Richards’…