Data Management Insight Blogs The latest content from across the platform
Coexis Poaches O’Brien From ADP Brokerage Services
Donal O’Brien has joined U.K. reference data and rules-based processing system provider Coexis as director of business development. Most recently co-chief technology officer at ADP Brokerage Services Group, O’Brien was the original designer of ADP Wilco’s Gloss trade processing and settlement platform. At Coexis, he is reunited with Terry Williams, founder of Wilco, and will…
Reuters DataScope Reference Data Group Bolsters Staff
Reuters has made a number of sales, operations and relationship hires within its DataScope reference data business group. Alistair Type has joined as business development manager. He was previously at FT Interactive Data. Pierre Poux becomes sales manager, based in Paris. He was previously deputy general manager and head of sales at Fininfo. Within operations,…
Telekurs Financial Gears Up for ISO 15022 Corporate Actions
Telekurs Financial is gearing up for the production release next month of ISO 15022-formatted corporate actions data as part of the Swift initiative to bring third-party data vendors onto its Swiftnet network. Telekurs released test data for the ISO 15022 service to clients in January; the company confirmed its roll-out plans at a client briefing…
WG11 Drafts Model to Data Architecture Foundation
Working Group 11 (WG11) of Subcommittee 4 (SC4) of the ISO Technical Committee 68 (TC68) has released a consultation document seeking comment on it first iteration of a data model that “provides a single standard for describing a financial instrument throughout its lifecycle.” The group, formed earlier this year, is seeking comment from industry participants…
Abel/Noser Selects TAP Solutions; Canadian Firm Targets New York
New York brokerage Abel/Noser Corp.’s selection of TAP Solutions’ pricing data management platform has played a key role in the firm’s new fixed-income business initiative. And despite its billing as TAP’s second such implementation in the past 60 days, it heralds the commercial arrival of a new, low-cost player in the New York marketplace. Abel/Noser…
IDC First-Period Revenue Climbed 18% to $117.6 Million
Interactive Data Corp. reported an 18% rise in first-quarter revenues, although net income was about flat. The company – whose FT Interactive Data is the market share leader in end-of-day pricing services – posted sales of $117.6 million for the first quarter, which represented a 2.2% rise net of new acquisitions and exchange rate fluctuations….
Mark-it Partners Acquires Totem Derivatives Valuations
Mark-it Partners has agreed to acquire Totem Market Valuations, a provider of OTC derivatives consensus valuations. Mark-it hopes the combination of Totem’s valuations data will complement its own credit pricing and reference data services, helping clients meet increasingly stringent regulatory and accounting requirements. Tim Barker, CEO of Totem, will join Mark-it Partners’ management team as…
Mark-it Partners Taps Caplin for Price Collection, Dissemination
Credit pricing and reference data service Mark-it Partners has signed up to use Caplin Systems’ Liberator and Real Time Text Protocol (RTTP) systems to collect and redistribute streaming credit price information. The systems will collect prices from participating bank traders’ spreadsheets, deliver the data to the Mark-it Partners database for cleansing and aggregation, and then…
McDonnell Investment Management Is Live with Eagle’s Star
McDonnell Investment Management is now live with Eagle Investment Systems’ Star investment accounting system, following a four-month roll-out. McDonnell implemented the system with the aim of instituting an efficient straight-through-processing regimen. The web-based system was selected because of its ability to handle a high volume of transactions and to provide McDonnell with Schedule D statutory…
Reuters Strikes Up Alliance with Asset Control
Reuters DataScope has forged a strategic alliance with Dutch data management vendor Asset Control. The two companies plan to integrate their products, offering clients Reuters DataScope pricing, historical and reference information services within Asset Control’s data management systems. The deal is aimed at making Reuters’ equities, fixed-income and corporate actions services more quickly deployable within…