Data Management Insight Blogs The latest content from across the platform
J.P. Morgan Adopts Central Reference Data Hub To Support Global Credit Trading Operation
J.P. Morgan Chase is building a business-aligned reference data hub in support of the major reengineering of its credit trading operation onto a single platform. The hub – essentially a central global hub for credit reference data – will commingle corporate data, vendor data and business-specific data into a single, unified service available to all…
UMB Bank Subscribes to Xcitek for Securities Class Actions
UMB Bank has selected Xcitek’s new Class Actions (XCA) service to address the issue of identifying, tracking and responding to securities class actions. The bank already subscribed to other Xcitek products, including Corporate Actions, Cost Basis and XSP. XCA, launched in July, is a daily updated web-based service allowing users to match current or past…
Azdex Offers Not-for-Profit Access To Utility for Entity Identification
Counterparty data utility Azdex, backed by its 51% owner Deutsche Boerse, has put itself forward as a potential not-for-profit facilitator to help financial institutions meet the requirements for handling entity identifiers ahead of the deadline for MiFID, the EU’s Markets in Financial Instruments Directive. According to Azdex CEO Ken Price, the company is not seeking…
Cicada Profiler, CounterpartyLink Target KYC, Patriot, AML Clients
Cicada Cos. has added new functionality within its Reference Data Management Suite to help companies comply with the due diligence requirements of upcoming regulations including the U.K. Financial Services Authority’s ‘Know Your Customer’ framework and the U.S. Patriot Act. The company is also the first adopter of a recently upgraded version of sister company CouterpartyLink’s…
FIMA Delivers Reference Data Messages
As promised, the Financial Information Management (FIMA) conference in London earlier this month offered a very useful forum for the reference data community to trade ideas and network. We spent both days there and found catching up with old friends, making new ones, and listening and learning about real-life implementa-tions a valuable use of our…
Soliton Provides 24/7 Support In Outsourced Master File Deal
Soliton Inc. has signed the first round-the-clock client for its managed reference data services offering. The implementation, now live after a three-month evaluation period and three months of training, involves a dedicated Soliton staff handling data cleansing and normalization processes for the investment management division of an as-yet unidentified fund manager in the U.S. According…
DSTi to Embed Xenomorph’s Time-Series Data Management Platform
DST International has signed an exclusive global agreement with Xenomorph to embed Xenomorph’s time-series data management functionality into its Investment Data Solutions platform, aimed at buy-side users. By offering this support for storage, manipulation and retrieval of largescale time-series data and providing analytic applications and plug-ins to make analytics available in other applications such as…
Reuters Datascope’s Ken Barnes Appointed VP, Business and Planning, at Wombat
Ken Barnes, formerly of Reuters’ DataScope reference data product group, has joined Wombat Financial Software, a low-latency data delivery provider. Reporting to Danny Moore, COO, he assumes responsibility for global marketing and communications, competitor and market analysis, sales process management and channel development and management. He will also manage several Tier 1 accounts in the…
Wachovia Taps Teradata For Basel II Preparation
As part of a new risk management programme, U.S. bank Wachovia is implementing data warehousing technology from NCR subsidiary Teradata. It will use the technology to consolidate its existing disparate risk databases into a centralized warehousing environment. The vendor says the new risk data platform will also enable the bank to meet the data management…
Wang Departs Capco for Citigroup
Samuel Wang, managing principal and head of global marketing at Capco, has left the company to join Citigroup in an undisclosed role.