Data Management Insight Blogs The latest content from across the platform
Outsourced Data Management Services: Will This Be the Year? By Tim Lind, Senior Analyst, Investment Management, TowerGroup
Although discussions surrounding the economics of outsourcing have only increased over the past three years, creating inertia in the securities industry for business process outsourcing has been a frustrating experience. Entrenched attitudes take time to change, and outsourcing decisions continue to be driven more by political considerations than by the bottom line. The biggest hurdle…
LSE, FT Interactive Data Go Live With Corporate Actions via Swift
With the opening up of the Swift network to vendors for delivery of their corporate actions data, several data vendors have grabbed the opportunity and are in the process of launching ISO 15022-compliant data services. These developments are helping move the industry towards standardization and greater automation of corporate actions. FT Interactive Data last week…
FTI StreetEnterprise Release 6.3 Upgrades StreetReference, Actions
Financial Technologies International’s release last month of the latest edition of its StreetEnterprise securities processing solution features substantial upgrades to both its StreetReference reference data module and StreetActions corporate actions automation platform. According to FTI, the new release – version 6.3 – refines the StreetReference module “to improve the quality of data received from vendors.”…
Eagle Investment Systems Wins Alberta Investment Manager
Eagle Investment Systems announced a contract with Alberta Investment Management, the Province of Alberta’s investment management department, with C$40 billion under management. AIM has implemented the EaglePace data hub and portfolio management system for all asset classes, including equities, bonds and derivatives. Separately, Eagle has released version 6.0 of its suite of investment management solutions,…
DSTi Names Stallard Marketing Chief
DST International has appointed Paul Stallard as global marketing director. He was previously sales and marketing director at Fyshe Group. Stallard, whose appointment follows that of Ian Hunt, DSTi’s new head of global product strategy, will be responsible for global branding, product positioning and for managing DSTi’s global marketing. Meanwhile, DST International has made six…
Xenomorph Offers Souped-Up SQL for Reference Data
Xenomorph has launched TimeScape QL+, a new query language designed specifically for filtering and analysis of reference, historic and tick-by-tick data. Based on an SQL-like syntax, TimeScape QL+ allows traders, risk managers and technologists to filter and analyze data more efficiently than is possible with pure relational database technology, Xenomorph says. The development has been…
Principia Partners Hires Rand to Lead Sales
Harvey Rand has joined New Jersey-based Principia Partners as executive vice president of sales and customer relationship management. A veteran of Summit Systems, Fusion Systems and Sybase, Rand was previously at learning software provider Zoologic. Principia provides front-to-back-office systems for capital markets.
FTI Taps IntegraSP for StreetDashboard
Financial Technologies International has tapped IntegraSP’s AltioLive to offer StreetDashboard, a data management tool aimed at providing a holistic view of enterprise data for middle- and back-office data. The system allows firms to monitor key indicators like currency, country and counterparty exposure to minimize risk, by offering a window into FTI’s StreetEnterprise applications.
IDS Employs 2 More Senior Staff
Don Totter, CEO of Integrated Decision Systems, continues his hiring spree with the appointment of Ron LoVetri as chief marketing officer, responsible for directing all IDS marketing activities. LoVetri was previously vice president at Charles Schwab and spent time at Autodesk. IDS also named Randy Peerson vice president of software development. He joins IDS from…
FISD to Launch XML Toolkit for Messaging Standards
The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) plans to release an XML toolkit – dubbed XML transmission Compaction (XTC) – to aid developers using its FISDMessage protocol and support the standardization of reference data. FISDMessage, along with MDDLService, will be the transport layer for FISD’s Market Data Definition…