Data Management Insight Blogs The latest content from across the platform
Daiwa Securities Completes Reference Data Project
Daiwa Securities SMBC Europe has completed the reference data phase of its ongoing project to modernise its middle and back office, resulting in a single consolidated data model for counterparty and securities data. The project has been underpinned by the extended use of the GoldenSource data management platform. During the first phase of the three-year…
Is no news in reference data outsourcing bad news?
Buy, build or outsource? The debate continues in the reference data world, as amply demonstrated in this issue of Reference Data Review. Falling firmly into the “build” camp, DTCC is bringing the platform underpinning its corporate actions offering in-house and moving off the third-party Xcitek solution. In the “buy” category is Daiwa Securities, opting firmly…
TAP Installs Data Management System at Australian Firm In 10 Days
TAP Solutions has implemented its TAPMaster market and reference data management system at an as yet unnamed Australian financial services firm. The installation, taking just some 10 days, began in mid-July, and a number of users are live on the system already, prior to a planned go-live in September. TAPMaster was selected by the Australian…
Markit Launches Extension to Reference Entity Database, RED for Equities
Markit has developed an extension to its Reference Entity Database (RED) product, RED for Equities. The solution is already in use by clients. The vendor reports a growing interest in RED from clients whose primary interest is not credit derivatives but who want to use RED, which Markit says has set the standard for entity…
EDM Council Will Announce Business Plan in September/October
The EDM Council is targeting September or October for its “coming out party”, at which it will present to its membership a business plan for implemention based on the findings of the working groups it established earlier in the year. The working groups were created to progress the enterprise data management priorities identified via the…
Telekurs Financial Adds Verification Report to Cars
Telekurs Financial has added a verification service to its Corporate Actions Reports Service (Cars). Cars enables Telekurs clients to receive notifications of events taking place on their portfolios in advance of the event. Pre-defined reports monitor an agreed number of event types and output an agreed number of data fields. Under the new service, the…
Reuters Enters Counterparty Data Race, New Service Planned in 2007
Entering the counterparty data race, Reuters is developing a dedicated counterparty data service scheduled for launch in the first half of 2007. The vendor is working in partnership with an as yet unnamed third-party counterparty content specialist. According to Kevin Bradshaw, head of enterprise information at Reuters, an audited set of counterparty information, which can…
Swift to Accept Isda’s FpML Messages on Swiftnet
Swift and the International Swaps and Derivatives Association (Isda) are to create a Swift Closed User Group for transporting Isda’s Financial Products Markup Language (FpML) messages over Swiftnet by year-end.
ADP Wilco Adds ISO 20022-Based Swiftnet Funds Messages
ADP Wilco has introduced ISO 20022 Swiftnet Funds messaging through its Swift Service Bureau. The company developed the capability to meet the requirements of Luxembourg-based Volker Wombacher. ADP plans to expand the range of Swiftnet services available through its service bureau.
CheckFree eVent Adds FT Interactive Data’s ISO 15022 Corporate Actions
CheckFree Corp. has developed an ISO 15022-compliant interface to FT Interactive Data’s corporate actions data feed for its eVent corporate actions processing platform. As a result, eVent clients will be able to receive, process and share corporate actions data without the need to convert to and from proprietary formats.