Data Management Insight Blogs The latest content from across the platform
Goldensource Powers IBM’s Back Office Services as Part of Revitalisation Program
Lending credence to its ‘Powered by’ concept, Goldensource has secured IBM Canada as a client for its data management platform to underpin IBM’s back office processing software. IBM’s Securities Industry Service (SIS) division will be using the platform to support its range of brokerage processing applications and services as it kicks off its ‘Revitalisation Program’,…
Standard & Poor’s Builds on European Evaluations with West, Gonggrijp Hires
Getting serious about evaluations in Europe, Standard & Poor’s has beefed up its evaluations team with the addition of James West and Roderick Gonggrijp. West joins as senior structured finance evaluator and Gonggrijp as senior corporate evaluator. Prior to this, both West and Gonggrijp spent five years at competitor FT Interactive Data. West will initially…
Mizuho Securities USA Picks TAPMaster for All Instruments
Mizuho Securities USA has selected TAP Solutions’ TAPMaster platform to manage its entire database of historical market and reference data. The win is a coup for TAP, representing its first major win since it was accepted for Morgan Stanley wide-ranging Securities Master Service (SMS) reference data platform implementation (Reference Data Review, January 2005). Institutional broker/dealer…
Price Joins Xcitek as Application Support and Implementation Manager
Xcitek has hired Steven Price, previously IT manager at Magenta One. There, he was responsible for the IT infrastructure at Magenta One’s London and Jersey offices. For Xcitek, Price will be based in London and will be application support and implementation manager for its flagship software solution XSP. Price will report directly to Neil Sheppard,…
Standard Terminology Still Eludes the Reference Data Business
Reference data – it’s all about the enterprise… or is it? According to some it’s now all about centralisation. CDM – or centralised data management – is now emerging as the new term to compete with EDM – enterprise data management. And why? Commercial interests of course, getting in the way of what was an…
Cantor Fitzgerald and German-Based Asset Manager Opt for Xcitek XSP
Cantor Fitzgerald Europe and an unnamed German-based asset manager have selected XSP from Xcitek to automate their corporate actions processing. XSP will be implemented within Cantor Fitzgerald’s wholesale brokerage services group, BGC Partners. Meanwhile, the German-based asset manager has licensed both eTRAN and the ISO 15022-compliant messaging module for the automated notification and response capture…
Working Group Aims for U.K. Compliance with Corporate Actions Standards
A new U.K. Market Implementation Group (UKMIG) is aiming to harmonise U.K. national rules and practices relating to corporate actions processing, including distributions, shareholder rights and company reorganisations. The group, jointly chaired by the British Bankers’ Association (BBA) and CrestCo, is aiming to implement measures to remove Barrier 3, as set by the 2003 report…
’Tis the season for evaluations…
Spring is in the air – well it certainly is down in the South West of France where this issue comes to you from. And ’tis the season to be excited about pricing evaluations it seems. Just a quick glance at this month’s table of contents will show how this space is really hotting up….
Xcitek Names Villardi to XSP Client Relationship Role
Daniel Villardi, Sr. has joined Xcitek as account relationship manager for its flagship corporate actions software solution, XSP. He was previously responsible for corporate actions processing at the Bank of New York. Villardi will report to Frank Piraino, senior vice president, XSP client relationship management and sales operations, and will be responsible for post-implementation relations…
Exchange Data and CounterpartyLink Join Forces with New Service
Exchange Data International (EDI) and CounterpartyLink (CPL) have joined forces to provide an integrated data service providing EDI’s corporate actions and reference data linked to and supplemented by legal entity data from CounterpartyLink. The new service is designed to help financial institutions comply with anti-money laundering (AML) and know your customer (KYC) regulations, and puts…