Data Management Insight Blogs The latest content from across the platform
SunGard Joins Outsourcing Trend; Establishes Advisory Board
Joining the growing number of large-size vendors launching outsourced data management solutions, SunGard Data Management Solutions’ last month revealed plans of its referencePoint Managed Data Service (rMDS), which is scheduled to begin operations in the first quarter of 2005. Based on the ReferencePoint platform that SunGard acquired through its purchase of Fame Information Services, rMDS…
FT Interactive Data Sees Strong 3Q Growth In North America
Interactive Data Corp. – the parent of FT Interactive Data – saw third quarter revenues grow 10.4% over the same period last year to $122.9 million, with net income of $21.8 million, compared with $18 million in the third quarter of last year. Organic growth – excluding acquisitions such as FutureSource and the effects of…
Vermeg Secures Luxembourg’s Fideuram for Corporate Actions
Vermeg revealed its Megacor corporate actions solution is being used at Luxembourg-based Fideuram Bank. The service is being used to support Fideuram Bank’s new function as a global sub-custodian for another depository bank, an activity it began in early 2004. It uses Megacor to capture and produce ISO 15022-formatted corporate actions messages. This is the…
SunGard’s Invest One Sources Fair Value Data From FT Interactive Data
FT Interactive Data has secured another client for its Fair Value Information Service in the form of SunGard Investment Management Systems. The Fair Value Information Service will be integrated into SunGard’s Invest One accounting and reporting software to support the fair valuation requirements of SunGard’s mutual fund customers.
Tokyo Stock Exchange Joins Others Delivering CA Data via Swiftnet
The Tokyo Stock Exchange (TSE) is joining the London Stock Exchange and Johannesburg Stock Exchange in making its corporate actions data available via Swiftnet. Its Tokyo Market Information (TMI) service was launched in ISO 15022 format in 2001 and is used as a primary source of Japanese corporate actions data.
Peter Harris Joins A-Team’s Advisory Board
A-Team is pleased to announce that Peter Harris has joined our Advisory Board. “Peter brings with him a wealth of knowledge and experience in the financial IT markets and publishing business. As a member of our advisory board, he will provide valuable insight and guidance to A-Team as we continue to grow,” says A-Team’s managing…
Telekurs (USA) Integrates TB II Corporate Actions Into N-Tier Securities
Telekurs (USA) has entered a strategic alliance with N-Tier Securities to integrate Telekurs’ TB II corporate actions flat-file feed into N-Tier Securities’ corporate actions and STP software solutions. The joint solution has been tested and deployed by a New York-based broker/dealer and custodian. N-Tier is planning to extend its interface to Telekurs’ full compliment of…
FISD Ousts Atkin, Installs Nasdaq’s Davin
The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) has named Tom Davin, formerly of Nasdaq, as acting head, following the dismissal of long-time director Mike Atkin, who left last month after a bust-up with SIIA chief Ken Wasch. Davin left Nasdaq after his role was taken by an incoming…
Asset Control Interfaces to Swiftnet
Asset Control last month introduced Swiftnet functionality to its data management services. The functionality will enable Swiftnet users to aggregate data, such as corporate actions and vendor-provided market data delivered over that network into the AC Plus survey, alongside other data sources, in both industry standard and proprietary formats. It will also simplifies the process…
Coexis Promotes Shah to CEO Reorganizes Board
Coexis has promoted Sunil Shah from chief operating officer to chief executive officer, taking the place of Terry Williams. Williams has become chairman as the company aims to establish a presence in the U.S. and expand into the Far East. The former chairman Barty Smith has stepped down to become a non-executive director. Congratulations to…