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The knowledge platform for the financial technology industry

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Asset Control Responds to Growing Data Management Demand with New Hires, Offices

Asset Control, the worldwide leader in financial data management solutions, announced today business expansion efforts including new office openings and the addition of sales staff in Asia and North America to meet growing customer demand. Asia In addition to its office in Hong Kong, Asset Control has opened a new office in Tokyo, Japan. Akifumi…

Kurtosys Announces the Availability of Their Next Generation Reporting Solution

Kurtosys Systems Limited – a global provider of client communications solutions, products and services today announces the availability of their next generation reporting solution. Kurtosys Reporting Solution (KRS) represents the results of research into trends within client servicing and valued input from Kurtosys’ customers and partners to make available a truly business user friendly solution…

Credit Suisse Adopts SSPA Terminology for Structured Products

Credit Suisse announced today that from the start of January 2011, the bank will align the terminology for its structured products with the categorisation model of the Swiss Structured Products Association (SSPA). This step is a measure to increase coherence of terminology and the comparability of products in the future. Credit Suisse has decided to…

Swift Contemplates Use of Online Platform for Collaborative Standards Development

Swift has spent a lot of this year focused on honing its standards development message for the market and, in this vein, lead standards analyst Tom Alaerts has suggested that the industry network operator could use social media and an online platform to improve the standards development process itself. By providing a forum for open…

UK FSA Fines Scottish Equitable £2.8m for Customer Data Management Failures

The UK Financial Services Authority (FSA) has fined Scottish Equitable Plc £2.8 million for failures related to the management of its customer data that the regulator says caused “significant consumer detriment”. In the vein of other fines meted out by the FSA over the course of this year, the action against Scottish Equitable, which will…

Patni Computer Systems Unveils Reference Data Management Solution for Financial Services Firms

Patni Computer Systems, a global IT and BPO services provider, today introduced PatniRADAR, a multi-step Reference and Data Rationalisation (RADAR) program that will help financial services companies mitigate their risk and rationalise the cost of managing their reference data. PatniRADAR is a fixed-price, fixed-deliverable solution, with a short-duration engagement, aimed at achieving significant and quick…

Great Eastern Life Selects Eagle’s Enterprise Data Management Platform

Eagle Investment Systems, a provider of financial services technology and a subsidiary of BNY Mellon, today announced that Great Eastern Life, Singapore’s leading life insurance group, has selected Eagle’s enterprise data management solution to consolidate and aggregate its investment data to help streamline its operations and respond to regulatory requirements. Data management remains a priority…

Baader Bank Rationalises Data Needs with Cadis Platform

Baader Bank, Germany’s leading specialist in securities trading, has consolidated its data needs via the Cadis EDM platform. Cadis, the global EDM specialist, has connected all of Baader Bank’s data providers into a central security master, increasing transparency and traceability. The decision to partner with Cadis on this and future data management plans comes after…

RBS’ Davies Highlights the Need for Reliable Reference Data to Support the Risk Function

Following on from its implementation of EDM vendor SmartCo’s DataHub platform earlier this year to support the reference data requirements of its Global Banking and Markets division, Royal Bank of Scotland (RBS) is continuing to build up its data management capabilities with a view to better supporting its risk management function. Speaking at last week’s…

A-Team Group Continues Expansion with New Hire

London, Dec. 15, 2010 — A-Team Group, specialists in news, research and events for financial IT executives, is pleased to announce that Filsan Ali has joined A-Team Group as Business Development Manager, responsible for Reference Data Review and Risk Technology sales activities, including the A-Team Insight online news service, A-Team’s new Valuations Benchmarking Survey and…