Data Management Insight Blogs The latest content from across the platform
Reuters Taps Bradshaw to Lead Integrated Enterprise Data
Kevin Bradshaw, head of enterprise data at Reuters, is expanding his responsibilities to include real-time data. The move is designed to leverage Reuters’ strong position in front-office data, as the market moves toward an ‘on-demand’ environment, with reference data consumers taking information when they need it rather than waiting for a fixed update time. A…
To Centralize or Not to Centralize
It’s always better to end with a bang than a whimper. So we were happy this month’s FIMA event in London gave the reference data community real pause for thought. Many industry events don’t deliver; this one did. Central to the three days of industry debate was the subject of, erm, centralization. In other words,…
Update: FTI & Integra’s GoldenSource Dashboard
Six months on from entering their collaborative deal Financial Technologies Inc. (FTI) and Integra SP are closing deals with two large customers for the GoldenSource Dashboard, and are reporting traction among mainly Tier 1 firms and some mid-tier firms. Meanwhile, FTI is considering rebranding the company to GoldenSource, following its rebranding x months ago of…
Standard & Poor’s Streamlines Sales, Data As Part of New Reference Data Strategy
Standard & Poor’s European group is streamlining its sales organization for reference and securities pricing services in a bid to provide clients with a single point of contact for many of its products. It is also working to integrate its data sets with the ultimate long-term aim of providing modular options on a common platform….
WM Datenservice Introduces Feed Access to Reference Data
German data agency WM Datenservice has over the last quarter introduced a data feed service to offer clients a greater degree of flexibility in accessing WM’s reference data and improved timeliness to near-real-time data delivery. The new Financial Object Feed (FOF) is in part a response to the growing trend within the German market of…
Sydbank Buys SmartStream Corporate Actions Software
Denmark’s fourth largest bank Sydbank has licensed SmartStream Technologies corporate actions processing software TLMR to automate its corporate actions processing. The solution will be implemented by Sydbank’s outsourced IT services provider Bankdata by mid-2005. TLMR automates front-to-back processing of mandatory and voluntary events, providing data capture from multiple sources, cleansing, processing and accounting services. Egon…
…As Industry Protagonists Debate Issues
Industry participants last month debated issues surrounding standardization of corporate actions data at an STP event in London. The debate focused on how to get issuers to adopt the ISO 15022 standard format for corporate actions messages. Among the participants were representatives of Swift, the London Stock Exchange and RDUG.
RDUG Plans Corporate Actions Standards…
The corporate actions working group of the Reference Data User Group (RDUG) is planning to outline a set of standards for issuers of corporate actions events. The group is planning a year-end release of a white paper focusing on interpretation risk, where parties are forced to interpret the details of an event for processing, and…
Xcitek Introduces Cost Basis Calculator for Institutions’ Clients
Xcitek has introduced a new Xcitek Client Cost Basis product to ease the process of clients finding out cost basis information. The client requests for this information from their brokers and advisors can be a heavy burden, particularly during the tax season, according to Xcitek. In an effort to ease this burden, the vendor has…
Telekurs (USA) Bolsters Fixed Income Pricing Data with Bear Stearns PricingDirect
Telekurs Financial has extended it relationship with Bear Stearns PricingDirect to bolster its end-of-day securities pricing data within the U.S. and Canadian markets. Telekurs has previous supplied PricingDirect’s fixed income pricing data to customers in Europe and Asia. Now, following the release of its exclusive distribution deal with Standard & Poor’s, Telekurs (USA) is selling…