Data Management Insight Blogs The latest content from across the platform
EDI Adds GlobeTax Non-Resident Tax Rates to Reference Data Product
Exchange Data International has signed up to StatRate, a new product from withholding tax specialist GlobeTax, in order to include non-resident statutory withholding tax rate data in its securities master file product. StatRate is GlobeTax’s second reference data product. EDI is already a user of its first, e-TaxData Online (Reference Data Review, June 2005), and…
DSTi Integrates Interface To Reuters DataScope Select
DST International will offer an integrated interface to Reuters DataScope Select as part of its investment accounting, performance measurement, risk management and data management solutions. Reuters DataScope Select provides access to global pricing, validated terms and conditions, historical data content and cross-reference data for a range of financial instruments.
SunGard to Leverage Managed Data Services for MiFID
SunGard is exploring opportunities to apply its managed data service capabilities to the requirements for storing pre and post-trade data under MiFID. The vendor is at the business planning stage and is consulting with customers to establish their appetite for such services. As well as offering discrete data services, SunGard intends to team its data…
Reuters Says Detail Will Differentiate Counterparty Service
The counterparty data service under development at Reuters will be differentiated from others in the market by its scope, the level of detail of its information and its ease of integration, according to the vendor. As exclusively reported in Reference Data Review last month, Reuters is currently building the service in conjunction with a third…
S&P Finds Opportunity in Custom Linkages for Risk
Standard & Poor’s is investing significantly in the capability to support customised work with clients to meet risk and compliance requirements “at the point of intersection between risk and reference data”, according to Scott Preiss, vice president, securities classifications at the company. These customised offerings are provided in addition to the off-the-shelf products S&P has…
CB.Net Adds Routing BICs to Directory to Aid SEPA Compliance
CB.Net is adding Swift-enabled routing BICs to its international payments directory BankSearchPlus, part of the CB.Net Payments Reference Data Service. The new capability, supported by the addition of an extra field to allow the identification of the routing BIC, is available as part of a standard upgrade to users of the vendor’s web-based service and…
Chasen Purchase Bolsters Markit’s Pricing Models
Aiming to reinforce its structured finance services, Markit Group, provider of pricing, reference data and portfolio valuations, has acquired Peekskill NY-based Chasen Enterprises. Chasen provides modelling of structured securities, notably agency and non-agency collateralized mortgage obligations (CMOs) and asset-backed securities (ABSs). The company, founded in 1989, has modelled more than 18,000 CMO and ABS structures…
IT Spend in Derivatives to Soar; Pricing and Analytics a Key Driver
It will come as no surprise to learn that Wall Street made more money from derivatives products and structured instruments in the first quarter of 2006 than ever before. Into the growing hype about derivatives wades TowerGroup this month, with a raft of reports on the subject, including predictions of annual growth rate in derivatives…
Swift to Build Hosted Reference Data Repository, Explore SSIs and Extend BIC to Hedge Funds
Swift is developing a hosted reference data repository to be available on Swiftnet. As part of its 2010 strategy, the co-operative has identified reference data as an important “adjacency” to its primary business lines, an activity on which it should focus to support the ongoing improvement of the quality of messages carried on its network….
A-Team Analysis: Does Swift Have A Role in Securities Ref Data?
Bank owned co-operative Swift believes the industry should enter “A new age for reference data – collaboration”. One of the opening sessions at this year’s Sibos conference in Sydney, from 9-13 October, will be an interactive panel discussion on this very topic. Based on its 30 years of managing the BIC Directory Service, Swift believes…