Data Management Insight Blogs The latest content from across the platform
Lammersdorf Steps Down as Deutsche Borse Head of Information Services
Christoph Lammersdorf is stepping down this month as managing director information services at Deutsche Borse. He will be succeed by Holger Wohlenberg, one of four new managing directors appointed by the German exchange in a management reshuffle. Wohlenberg joins from Deutsche Bank, where he was managing director in the global corporate finance division. Lammersdorf will…
ADP Brokerage Services Teams with Xcitek for Corporate Actions
ADP’s Brokerage Services Group (BSG) has launched an automated corporate actions processing system based on XcitekSolutionsPlus’s XSP platform. The new system is part of BPS’s back-office processing offering, and features a data-scrubbing engine for exception-handling. The engine compares announcement data from multiple sources and identifies exceptions, publishing them to BPS and offering managers an overall…
Telekurs (U.K.)’s Fox Quits to Join FT Interactive Data
Tim Fox is leaving Telekurs Financial after 11 years working in its U.K. operation. He is leaving to join FT Interactive Data in October as the new product marketing manager for FTS, the company’s portfolio administration tool providing access to global securities data to European clients. It is not clear whom he will report to…
Nicholas-Applegate Opts for XSP Platform
Nicholas-Applegate Capital Management has licensed XcitekSolutionsPlus’s XSP platform for corporate actions processing, its corporate actions data, its Swift messaging functionality and the Electronic Tracking Response and Notifications system for notification and response capture. “After evaluating the software vendors in the marketplace,” Christopher P. Siriani, director of operations at Nicholas-Applegate Capital Management, “we found that XcitekSolutionsPlus…
FT Interactive Data’s Peck Steps Down to Pursue Other Interests
John Peck will be leaving FT Interactive Data at the end of this month after six years with the company. At FT Interactive Data he was director of European business, reporting to European head Roger Sargeant. Peck says he is considering other opportunities to work with partners within the financial markets. Sargeant says, “John has…
Cicada Upgrades Rules Management on Composer
Cicada has upgraded the validation rules management capabilities of its reference data management platform, adding a graphical user interface allowing users to create, modify, delete or add business rules to data sources, both internal and external. The upgrade also adds a rights system for security, permissioning and modifying existing business rules. Finally, a new rules…
Accenture MRDS to Complement Corporate Actions, Market Data
Accenture’s plans to roll out a Managed Reference Data Service (MRDS), based aroundon Asset Control’s Acdex outsourced data management offering (Reference Data Review, June 2004), is one of several data management initiatives under way at the big consulting firm. MRDS, for which Accenture has been distributing a white paper discussion document, sits alongside similar ventures…
In Search of the King of Holy Grails: ROI
Return on investment is a recurring theme in reference data management. And the reason seems to be that no one can figure out how to measure it. Recent issues of Reference Data Review have been littered with references – excuse the pun – to the importance of managing expectations with respect to ROI on enterprise-wide…
Quest for Unified Entity Identifiers Gathers Pace as Plans Go to WG8
In the quest for a unified method of identifying international business and legal entities, industry protagonists are pushing forward discussions. Progress has been made by the RDUG/Redac community who have proposed a number of recommend-ations to ISO’s Working Group 8. A group of industry practitioners also gathered at a CityCompass event to discuss various options…
Bank of New York Sees Netik’s Data Capabilities As Enabler for Outsourced Investment Management
Bank of New York plans to leverage its new 51% stake in Netik, a U.K. software company that specializes in transaction and accounting data management, to add compulsion to the bank’s pitch to potential clients of its investment management outsourcing services business. Netik’s enterprise data management capabilities – including handling of multiple sources of reference…