Data Management Insight Blogs The latest content from across the platform
BoNY/Mellon Merger Brings Rivals Eagle and Netik Under One Roof
The merger of Bank of New York and Mellon Financial Corp. not only creates the world’s largest securities servicing and asset management firm globally, it also brings under one roof two fiercely rival data warehouse providers, Mellon-owned Eagle Investment Systems and Bank of New York-owned Netik, calling into question the future strategy of the firms’…
Avox Hires Australia-based Regional Manager to Oversee Asian Expansion
Deutsche Boerse owned Avox will open an Australia office on January 2. An as yet unnamed new regional manager will oversee Avox’s expansion in Australia, Asia and the Middle East. The counterparty data service provider says prospective business in the region is already developing.
SunGard Lets Go EDM Experts Odho and Ord, Streamlines FAME
SunGard has made redundant members of the Enterprise Data Management (EDM) group within its Enterprise Solutions Group – Marc Odho and Rob Ord – as well as a small number of people from within the FAME business unit as part of a streamlining exercise. While the shedding of such high profile data experts has prompted…
DSTi Makes a Raft of New Appointments
Investment data solutions provider DST International (DSTi) has made several new appointments. Nash Subedar has been appointed sales manager for all solutions in the Middle East territory. His is an internal appointment. DSTi’s Global Business Development Group has been re-organised and expanded. Phil Hannay will take up the role of product manager for the derivatives…
Navigating the maturity curve
Confirmation that Barclays Global Investors has outsourced the bulk of its European investment operations to JPMorgan Worldwide Securities Services adds weight to the argument that, at last, the practice of fund managers outsourcing their middle and back offices to custodian banks has reached maturity. The spectre of the failed Schroders deal is fading, and the…
FT Interactive Data, CMS BondEdge Extend Collaboration
Aiming to support the increasingly sophisticated risk management requirements of buy side clients such as Schroder Investment Management, the FT Interactive Data business of Interactive Data Corporation (IDC) has extended its collaboration with IDC’s CMS BondEdge business to add new data items to its risk and analytical data service. Schroder is one of four existing…
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…