Data Management Insight Blogs The latest content from across the platform
Lack of Standard IDs Constrains OTC Equity Derivatives Growth
Where do we go from here? This is the question posed in a recent paper from analyst Aite Group, exploring trends in OTC equity derivatives. OTC equity derivative growth has been steadily increasing – the market grew by a year over year rate of 32 per cent as of June 2006, according to the International…
Markit Integrates ABSReports Data into ABS Pricing Service
Data and valuations provider Markit Group has acquired ABS deal reporting service ABSReports, and will integrate its performance data into the Markit European ABS pricing service. The integrated offering will bring greater efficiency and transparency to the secondary European ABS market, Markit says. According to Ben Logan, managing director of product development at Markit, a…
OpHedge Migrates Clients on to GoldenSource Security Master
New York based hedge fund administration provider OpHedge Investment Services has begun to migrate its clients on to the GoldenSource security master solution, and plans to start implementation of the vendor’s positions repository later this year. The firm signed up for the two components of GoldenSource’s enterprise data management solution last March (Reference Data Review,…
Mellon to Provide Independent OTC Derivatives Valuations
Mellon Financial Corporation is to provide to institutional clients through its Asset Servicing group an independent over-the-counter (OTC) derivatives valuation service covering a range of swaps and options. The move comes as regulatory and risk pressures force investors to seek independent valuations, rather than relying entirely on their investment managers or prime brokers. The new…
Netik InterView Central to SOA At Daiwa Securities GAS
Dublin based hedge fund administrator Daiwa Securities Global Asset Services (GAS) has rolled out the Netik InterView data warehouse platform for data management and reporting. The Netik solution is central to the administrator’s services oriented architecture (SOA) strategy, based around Microsoft .Net technologies, and going forward will be used to synchronise all data between its…
HSBC Securities Services First Phase Live on CheckFree eVent
HSBC Securities Services (HSS) has implemented CheckFree’s eVent solution to deliver automated corporate actions processing for its investment administration clients. eVent is live for data cleansing and event capture, interfacing to data vendor feeds, static data sources and custodians for Swift messaging. Going forward, HSBC will roll out the eVent system to provide end to…
S&P Becomes EDM Council’s First Data Vendor Sponsor
Standard & Poor’s has become the first data vendor to join the EDM Council as sponsor, where it will work alongside the likes of other new vendor sponsors ADP Brokerage Services Group and Deutsche Boerse-owned Avox (Reference Data Review, December 2006), to help develop effective solutions to manage data across the enterprise. Through its involvement…
FT Interactive Data Adds Enhancements to Bank Loan Pricing Service
FT Interactive Data has enhanced its bank loan pricing service, which pro-vides clients with access to independent valuations of syndicated bank loans and now also automates the delivery of refinancing, termination and substantial amendments to loans, as well as the effective date of the change. Bank loan prices are provided by Markit Group and drawn…
CicadaRisk Merged into New RiskGrid Unit Within Investors Guaranty
As predicted in Reference Data Review, October 2006, Investors Guaranty Group has launched a new risk management solutions unit, RiskGrid Technologies, into which the operations and technology of CicadaRisk has been merged. The group is also aligning RiskGrid Technologies within a suite of companies and solutions that comprise its financial services industry vertical. CicadaRisk was…
S&P Upgrades Compustat Xpressfeed With New Data Items
Standard & Poor’s has completed a series of enhancements to its Compustat Xpressfeed offering. The enhancements include 1000 new company-level data items now available within Compustat data, which includes fundamental and market data on some 65,000 global securities. Among the data enhancements are: additional current and historical annual fundamental data and footnotes, including income statement…