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John Burchenal Joins Traiana as Global Head of Business Development

Post-trade solutions provider Traiana has named John Burchenal as global head of business development. Reporting to Jill Sigelbaum, executive vice president, global sales and alliances, Burchenal will be based in New York. Burchenal served most recently as managing director of strategic growth at Omgeo, where he was responsible for growth initiatives and partnerships. Prior to…

Sage and Talend Form Partnership to Boost Sage ERP X3 Interoperability Performances

Sage, a business management software provider and Talend, the worldwide leader in open source integration solutions, today announced the completion of a partnership, which will integrate Talend’s integration technologies with Sage ERP X3, Sage plc’s global ERP solution aimed at medium sized companies. Thanks to this global partnership, Sage ERP X3 customers will benefit from…

Swift’s Janssens on its Bid to be the OFR Supported Legal Entity ID Registration Authority

Swift may have backed away from pushing a reworked version of its Bank Identifier Code (BIC) as a legal entity identifier for the purposes of the US Office of Financial Research (OFR), but that does not mean it is out of the running as a standards issuer in the context of a global reference data…

Broadridge Financial Solutions CEO Calls for Nationwide Effort to Increase Individual Shareholder Voting

In remarks before the National Press Club this morning, the chief executive of the nation’s largest shareholder communications company called on all CEOs to encourage individual shareholders, including employee shareholders, to vote their proxies. “In 2010, just one in 20 individual retail investors voiced their opinions about the companies they invested in by exercising their…

Interactive Data Announces Real-Time Fair Value Information Service

Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced the Real-Time Fair Value Information Service. The new service, which will be available in the second quarter of 2011, will provide real-time evaluated prices for more than 15,000 international equities throughout the trading day. These streaming evaluated prices reflect an…

EFAMA’s FPSG Champions Standardisation of Corporate Actions Messaging, Use of ISO Standards for Funds Processing

The European Fund and Asset Management Association’s (EFAMA) Fund Processing Standardisation Group (FPSG) has this month produced a report that charts the progress of standardisation initiatives in the European funds industry, including in the corporate actions space. The association’s working group, which was established in 2007, is positioning itself as a “catalyst for change” by…

SunGard Acquires ValueLink Information Services

SunGard has acquired ValueLink Information Services, a supplier of validated financial data solutions. The acquisition will extend SunGard’s Asset Arena suite of investment management solutions to include robust validation of security pricing and corporate actions data in support of fund valuation and operational reporting processes. The acquisition, the terms of which were not disclosed, is…

Welcome Back Tibco!

No apologies for the headline. It’s not meant to suggest any favoritism towards the company, but rather to signal my delight that the low-latency messaging space is about to get even more competitive. And that’s going to drive down both latencies and the cost of messaging systems. All good stuff, methinks. But my excitement is…

Tibco Releases FTL – Aims to “Dominate” in the Front Office

With the release of its low-latency FTL messaging product, Tibco Software aims to “dominate in the front office,” a space where it got started in the mid 1980s and then became ubiquitous with its TIB and Rendezvous offerings. Having since diversified into the non-financial markets with a number of enterprise information products, the company is…

Interactive Data Aims to Provide a More Holistic View of Ref Data via its Business Entity Service Update, Says Cumberbatch

Interactive Data’s new web-based portal for its Business Entity Service took several months of development and the aim was to provide users with access to a more holistic and centralised view of the reference data related to a particular issuing entity, asset class, region or industry, explains Bob Cumberbatch, European business lines director for the…