Data Management Insight Blogs The latest content from across the platform
Citadel Expands with Boston Office
UK-based data management firm Citadel Associates has opened its first North American office in Boston, Mass., with the chosen location reflecting the buy-side nature of its clients. Citadel says that it has secured several major US-based global fund managers for its Cadis data management system, which justifies the expansion. The US operations center will be…
Mitsubishi Extends Syn~ Platform To Full Range of Cash Markets
Mitsubishi UFJ Securities International plc (MUSI) has extended its use of Coexis’ Syn~ workflow and data management products to cover its full range of cash markets settlements. The aim is to achieve high levels of straight-through-processing across all cash markets asset classes by using standardized underlying technology based on the Syn~ platform. Syn~ was already…
Mark to Market Launches Derivatives Valuations Service
A newly formed company, Mark to Market, is introducing an independent real-time valuation service for financial products from cash loans and deposits through to complex derivatives. The m2m online service has been launched in response to the recent developments in accounting and reporting requirements, in particular the International Accounting Standard 39 (IAS39) and U.S. Financial…
Standard & Poor’s Expands Valuations Via Exclusive Arrangement with CSV
Hot on the heels of its new evaluated pricing service for the European structured finance marketplace, Standard & Poor’s has struck an exclusive alliance with New York-based Complex Security Valuations Inc. (CSV) to provide valuations for complex, illiquid and hard-to-value securities. The deal will expand both companies’ offerings in the space, and establish a combined…
Bloomberg Adopts Stealth Approach to Add Evaluated Pricing Service to Data Arsenal
Acknowledging its lack of reliable pricing data for illiquid securities, Bloomberg is quietly building a team of analysts in preparation for a product launch in the pricing evaluations business. The move follows the lead of long-time evaluations provider Interactive Data Corp. (FT Interactive Data) and recent moves by Reuters, Standard & Poor’s and others, and…
Role Swapping at Xenomorph
Greg Johnson has risen to become chief executive officer of data and decision support platform provider Xenomorph. The company’s former CEO and co-founder Brian Sentance has taken on the marketing role. The role swapping was decided by the four founders, who have majority ownership of the company and all of whom, says Sentance, “Look to…
FTID Enters Business Entity Data Fray with Avox Deal
Getting in on the business entity data act, FT Interactive Data Europe has teamed up with Avox (formerly known as Azdex) to link issue to issuer and parent data. The deal brings them into the competitive realm of the likes of the Crosswalk joint venture and CounterpartyLink, and is in direct response to yet another…
Reuters Taps Adsatis/Credit Dimensions’ Hodgson for Client Data Role
Reuters has appointed Jonathan Hodgson as product business owner for counterparty & compliance data. He was previously business development director at Adsatis, and also acted as European business development director for Adsatis’s joint venture company, Credit Dimensions, a supplier of counterparty data management services to the banking community. He reports to Tim Shortland, global head…
FT Interactive Data Adds Markit’s Swaps, CMS BondEdge’s Analytics
The strategic relationship between Interactive Data Corp.’s FT Interactive Data unit and credit data specialist Markit has borne its first fruits. As expected (Reference Data Review, January 2006), FT Interactive Data has released a valuations service for credit default swaps that draws on Markit’s access to around 50 CDS dealers in the marketplace. The launch…
Markit Launches Synthetic CMBS Index with CDS IndexCo
CDS IndexCo consortium and Markit Group have launched CMBX, a synthetic index of U.S. commercial mortgage-backed securities (CMBS) with an initial group of 14 market-making banks. Markit will serve as the central source of information about CMBX, and will utilize cashflows from Trepp. As with ABX, a home equity loan-linked index based on various asset-backed…