Data Management Insight Blogs The latest content from across the platform
Cicada Upgrades Rules Management on Composer
Cicada has upgraded the validation rules management capabilities of its reference data management platform, adding a graphical user interface allowing users to create, modify, delete or add business rules to data sources, both internal and external. The upgrade also adds a rights system for security, permissioning and modifying existing business rules. Finally, a new rules…
Accenture MRDS to Complement Corporate Actions, Market Data
Accenture’s plans to roll out a Managed Reference Data Service (MRDS), based aroundon Asset Control’s Acdex outsourced data management offering (Reference Data Review, June 2004), is one of several data management initiatives under way at the big consulting firm. MRDS, for which Accenture has been distributing a white paper discussion document, sits alongside similar ventures…
In Search of the King of Holy Grails: ROI
Return on investment is a recurring theme in reference data management. And the reason seems to be that no one can figure out how to measure it. Recent issues of Reference Data Review have been littered with references – excuse the pun – to the importance of managing expectations with respect to ROI on enterprise-wide…
Quest for Unified Entity Identifiers Gathers Pace as Plans Go to WG8
In the quest for a unified method of identifying international business and legal entities, industry protagonists are pushing forward discussions. Progress has been made by the RDUG/Redac community who have proposed a number of recommend-ations to ISO’s Working Group 8. A group of industry practitioners also gathered at a CityCompass event to discuss various options…
Bank of New York Sees Netik’s Data Capabilities As Enabler for Outsourced Investment Management
Bank of New York plans to leverage its new 51% stake in Netik, a U.K. software company that specializes in transaction and accounting data management, to add compulsion to the bank’s pitch to potential clients of its investment management outsourcing services business. Netik’s enterprise data management capabilities – including handling of multiple sources of reference…
SunGard Forms Enterprise Unit To Develop Former Fame Business
Following its acquisition earlier this year of Fame Information Services, SunGard has unveiled a new corporate structure in the reference and market data area to accommodate its activities in securities administration and pricing services. The company has created a new group, SunGard Data Management Solutions, formed by the merger of Fame and SunGard Market Data…
Cusip License Fee Battle Rages On
The batting to and fro between the International Standards Organization (ISO), the Association of National Numbering Agencies (ANNA) and the Cusip Service Bureau operated by McGraw-Hill’s Standard & Poor’s Corp. continues unabated. The latest barrage comes from ANNA members, who collectively condemned charging for ISIN-based securities identification databases, in what appears to be another thinly…
Reuters to Tag FOW TradeData Using RICs
Reuters has forged a strategic alliance with FOW TradeData, a supplier of fundamental reference data for exchange-traded futures and options. The alliance will see combine around 20,000 of Reuters instrument codes (RICs) with FOW TradeData’s premium futures and options reference data tagged with around 20,000 Reuters instrument codes (RICS), which are now offered as part…
SmartStream Targets Funds with ISO 20022 Support
SmartStream Technologies has unveiled a new capability, based on its Transaction Lifecycle Management (TLM) Process Automation platform, that will help fund managers planning to link to Swift’s Swiftnet Funds Business system exploit the new ISO 20022 messaging standard. The packaged system essentially insulates fund managers’ back-office systems from the complexities of the new standard.
Asset Control Wins Citadel Hedge Fund Contract
Alternative investments hedge fund Citadel Investment Group has selected AC Plus from Dutch reference data management specialist Asset Control to centralize management of its securities data. The deal is an important one for Asset Control since Citadel has agreed to work with the company on further enhancements to its product suite, with Citadel’s hedge fund…