Data Management Insight Blogs The latest content from across the platform
Telekurs Financial to add New Reference Data to VDF for MiFID
Telekurs Financial is to introduce new reference data to help its clients achieve MiFID compliance. According to its head of product services Richard Newbury, a key aspect of Telekurs Financial’s plans is the reworking of its reference data model to make much more of the institution related data it holds, “in order to provide this…
A New Age of Automation For Proxy Voting on Horizon?
The similarity of the proxy voting process to the corporate actions process has in some ways negatively impacted efforts to automate proxy voting, but a recently initiated pilot of new Swift proxy voting messages could herald in greater efficiencies to the process. This was the message from Chad Spitler, principal/associate director, corporate governance and proxy…
Panmure Gordon Tests New CA Data Feeds via Mondas System
Following a rapid 12 week implementation, institutional stockbroker Panmure Gordon & Co is live on the Radica CAPS corporate actions processing system from Mondas. The system is currently taking corporate actions data feeds from Panmure’s international custodian BNP Paribas and vendor Exchange Data International (EDI). The firm is also testing feeds from Telekurs Financial and…
JPMorgan’s Chief Data Officer Peter Serenita Gets to the Hub of the Matter
JPMorgan Chase has taken an “operational hub” approach to centralising reference data for its wholesale business, which has improved efficiencies and reduced costs, with most business units seeing “paypack within one to two years”, said Peter Serenita, chief data officer, JPMorgan Worldwide Securities Services, who shared his experience at FIMA 2006 in London earlier this…
B.I.S.S. CA Benchmarks Highlight Data Strengths of Vendor Systems
The findings of the 2006 B.I.S.S. Corporate Actions Benchmarking Report show that the systems of the four providers covered in detail – CheckFree, Information Mosaic, SmartStream and Tata Consultancy Services (TCS) – all score well in the data handling categories. B.I.S.S. Research confirms all these vendors have invested heavily in their systems and developed new…
Citadel Notches Up Three New Clients for CADIS Solution
Citadel Associates, provider of data management solutions to investment managers, has chalked up three deals for its CADIS system in recent weeks, with AMVESCAP, the Canada Pension Plan (CPP) Investment Board and another as yet unnamed major buy side. Citadel says these wins prove the validity of its Investment Solutions Layer concept. The CPP Investment…
AIM Survey Charts 15022 Progress and Outsourcing Trend
The reference data management industry has moved into the limelight and can no longer be viewed as a niche market. So suggest the findings of AIM Software’s third Global Data and Risk Management Survey. The wide ranging research, based on responses from 1027 financial institutions in 77 countries, finds that 28 per cent of firms…
How can you manage what you can’t measure?
John Bottega, chief data officer at Citigroup Corporate and Investment Bank, got FIMA 2006 in London off to a lively start earlier this month with a rousing speech congratulating the assembled reference data managers on how far they’ve come. Indeed, the invention of chief data officers is in itself a testament to the fact that…
A-Team Analysis: The Devil’s in the Detail for Derivatives Data
The obsession of the industry at large with over-the-counter (OTC) derivatives, in particular credit default swaps (CDSs) but also interest rate swaps and increasingly equity derivatives, is having an ever greater impact on the world of reference data. The providers of data management systems report a growing demand from among their prospects and clients to…
Credit Dimensions Revealed as Reuters’ Counterparty Data Partner
Reuters confirms it is working with Credit Dimensions to bring to market its counterparty data service, now scheduled to launch in the Q1/Q2 timeframe next year. Kevin Bradshaw, global head of Enterprise Information at Reuters, says the vendor is in advanced discussions with several major bulge bracket firms both in Europe and the US which…