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Welcome to the World of Swift Where Data is Becoming Essential

Welcome to our special Sibos edition. Yes, it’s that time of year again, when possibly all the world’s operational managers flock to whichever exotic location Swift has chosen. This year happens to be back in Copenhagen. We’re pleased with the choice as we quite fancy a break to the European city known for the Little…

Arney Joins Xcitek in Recruitment

Joseph Arney has joined Xcitek as vice president responsible for supporting sales efforts in the recruitment of securities professionals within financial institutions on a consulting basis. He previously spent 14 years with the DTCC.

CheckFree Interfaces eVent to Telekurs’ VDF…

CheckFree Software has developed an interface to Telekurs Financial’s Valordata Feed (VDF) in ISO 15022 format for its eVent corporate actions application. The interface will plug Telekurs’ ISO 15022 corporate actions data into its workflow technology to help end-to-end automation and straight through processing. Says Beat Koch, chief executive officer of Telekurs (U.K.), “Several clients…

Raeves Surfaces at Goldensource

Goldensource has hired Gert Raeves as vice president of business solutions, based in London. Raeves was previously with CheckFree Heliograph in a product marketing role, as well as with Swift and JP Morgan in various roles. At GoldenSource, Raeves will report to Mark Zill, executive vice president of global software operations.

… While Telekurs Outsources Data Input to Capgemini in India

Meanwhile Telekurs Financial has opted to outsource the management of a data input center in India for financial information to Capgemini Schweiz. The three-year deal does not appear to impact any existing data centers, but is aimed at “Giving us flexibility in manpower increases together with very good cost efficiency,” said Eugen Niesper, chief executive…

Church Retires from Cicada After 32 Years in the Business

Martin Church has retired from Cicada, after seven years with the company, and a total of 32 years in the financial information industry. Church established Cicada’s U.K. and European operation in 2000 and served as a board member in other enterprises in the Cicada group of companies. He will continue to serve as a special…

Xcitek Wins European Client In Mizuho International

London-based Mizuho International has gone live with Xcitek’s XSP software for corporate actions processing, following a detailed evaluations process of a number of systems providers. Said John Sweeney, executive director of Securities Services at Mizuho International, “XSP gives us end-to-end automation in our asset servicing area and enables us to offer a strong and competitive…

Asset Control Enhances Data Management in Version 6.0

Asset Control has released version 6.0 of its AC Server, the core of its data management solutions. The new server provides “significant performance improvements and enhancements” resulting from new features. These features include clustering, to help avoid single points of failure, increased flexibility to create fault-tolerant architectures, and 64-bit support, enabling faster and more efficient…

JPMorgan WSS Launches Sites For Compliance Officers

JPMorgan Worldwide Securities Services has introduced two new websites targeted at chief compliance officers to help them meet various mutual fund compliance requirements. The U.S. Securities and Exchange Commission requires mutual funds to appoint COOs and implement comprehensive policies and procedures to prevent fund companies and advisors from violating SEC regulations and securities laws. The…

Capco Introduces Dividend Forecasts to Global Index Monitor

Capco Reference Data Services is expanding its Global Index Monitor product, acquired through the purchase of Iverson Financial to include dividend forecasts. The new data, branded Global DivCast, will be available in the fourth quarter of this year. It is being positioned as a centralised source of dividend data providing current and accurate dividend projections…