Data Management Insight Blogs The latest content from across the platform
Bank of New York Picks ValueLink Giving Boost to Outsourcing
Giving a vote of confidence to the outsourcing discussion, Bank of New York (BNY) has opted for Value-Link’s pricing validation service over sourcing data feeds directly from the information vendors, after a year-long RFP process. BNY’s Central Pricing Unit will be sourcing a range of daily intraday and closing valuation pricing data with global coverage…
The Need for Governance in Data Centralization Projects Selected extracts of a white paper by Steve French, Azimuth Financial
Many organizations have attempted to create centralized data groups (CDGs) responsible for sourcing, maintaining and distributing core data to all departments. There are clear reasons for doing this: efficiency, consistency, data quality, risk and regulatory compliance. However, despite all of these drivers, very few organizations have created CDGs. Of the top 20 investment banks (as…
Competition is good, right?
We all know that competition is good, right? But can competition be good when you’re talking about industry organizations, supposed to be there to facilitate cooperation among commercially driven, competitive business entities? What happens when the industry associations suddenly become competitive themselves? Will it impede progress or will it provide further impetus to progress the…
Kirby Moves On to Growing Accenture Data Management Business
Reference data advocate Anthony Kirby has started work for Accenture, based in London. At the expanding data management services group within Accenture, Kirby has been named U.K. regional sales director and associate partner within its capital markets practice. He will report to U.K. partner Chris Broyden, and to lead partner for data management services Patricia…
Standard & Poor’s Launches U.S. Fixed Income Reference Data Service
Standard & Poor’s has introduced a new Securities DataManager, which will provide municipal and corporate fixed income descriptive data with continuous intraday updates. The new service complies with the municipal industry’s Real Time Trade Match (RTTM) efforts to mandate the submission of municipal trades within 15 minutes of execution and to indicate the timing of…
Lammersdorf Joins Cicada’s CounterpartyLink
Former Deutsche Borse executive Christoph Lammersdorf has joined CounterpartyLink as managing director.
Mergent Offers Unified Access To Corporate Actions, Bonds Data
Mergent, now owned by China’s Xinhua Finance, has introduced two new products EventsData and BondSource. EventsData provides unified web-based access to a combination of global corporate actions data across Mergent’s multiple databases. The corporate actions covered include mergers and acquisitions, bankruptcies, securities listings and delistings, EPS updates, liquidations, stock splits and reverse stock splits, spin-offs,…
Kennedy, Leichsenring, Join GoldenSource in Newly Created Roles
Paul Kennedy, formerly head of content and news at Reuters, and Peter Leichsenring, previously director alliances and channels financial services at Tibco Software, have both joined the recently renamed GoldenSource (known before as Financial Technologies Inc. FTI). Both join in newly created roles. Kennedy has been named vice president of product management based in London….
Abbey Extends Use of Asset Control for Telekurs’ Corporate Actions
Abbey Financial Markets has extended its use of Asset Control’s data management platform to manage corporate actions data. Abbey chose to source its corporate actions data, alongside pricing and reference data, from Telekurs Financial’s Valordata Feed (VDF). This feed was integrated into the Asset Control platform at Abbey using AC Plus’s existing feedhandler for VDF….
XcitekSolutionsPlus Hires CA Specialist Thoma for Client Services
XcitekSolutionsPlus last month hired Steve Thoma as senior client administrator within the client services team in Birmingham, AL., to provide production support and implementation of XSP within North America. Thoma was previously corporate action reorganization manager at Fifth Third Bank, and corporate action specialist at Bank One Trust. Further expansion in Birmingham, New York and…