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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…
Olayan Group to Implement TAPMaster as Core Data Platform
The Olayan Group, a Saudi multinational, has decided to implement TAP Solution’s TAPMaster platform as its core reference data management system for its asset management operation. The deal is the first for TAP for some time, following its big win at Morgan Stanley (Reference Data Review, January 2005). At Olayan, TAPMaster will become the company’s…
Capco Leaps Into Managed Data Services With Acquisition of ING’s Security Master
Capco is to acquire the security master file platform of Dutch bank ING Group as part of a deal under which Capco Reference Data Services will provide ING with managed data services under a seven-year deal. In a move reminiscent of IBM’s acquisition of Dresdner Kleinwort Wasserstein’s data management platform as part of IBM’s Project…
AIM Software, FT Interactive Data Hook Up via Gain Platform
AIM Software and FT Interactive Data have agreed to collaborate in conducting an extended mapping of FT Interactive Data’s information services via AIM’s Gain reference data management platform. The new relationship builds on several years of cooperation maintaining access to the FT Interactive Data services via Gain. Under the arrangement, FT Interactive Data will offer…
Standard & Poor’s Launches Evaluations for Euro ABS/MBSs
Standard & Poor’s has unveiled a new bond evaluations pricing service catering to the European structured finance marketplace. The move is aimed at filling a gap in the marketplace, which is plagued by lack of transparency particularly for illiquid asset- and mortgage-backed securities. The move marks Standard & Poor’s entrance to the European bond evaluations…
HighMark Capital Selects Cadis To Support New OMS Platform
San Francisco-based HighMark Capital Management has implemented Citadel’s Cadis Data Management Platform (DMP) to support its new order management system (OMS) implementation. Citadel’s selection by HighMark Capital, which serves as investment advisor for HighMark Funds, is the second buy-side win announcement for the data management software firm this year. Scotland-based investment management firm Aegon Asset…