Data Management Insight Blogs The latest content from across the platform
IBM Gets Serious About Reference Data Through Purchase of Dresdner Platform, Outsourcing Deal
IBM’s deal last month with Dresdner Bank of Germany seems to give some teeth to the IT services company’s approach to reference data management after talking about the segment for quite some time. The agreement also gives IBM a pricing database and management tool for risk and regulatory reporting – code-named Project Greenwich – to…
MDDL: Bearing the Reference Data Standard By James Hartley, Chief Technologist, SIIA/FISD.
Just as the World Wide Web is maturing and the capabilities of Web Services are evolving, so are the data and application standards that use these tools. The Market Data Definition Language (MDDL) is the emerging eXtensible Markup Language (XML)-based standard for reference data. The financial services industry finds itself grappling with the fiscal need…
Xcitek Reshuffles, Seeing Demand For Corporate Actions Solutions
Xcitek, a provider of corporate actions data and management software, is reshuffling its sales, client services and marketing groups, and has plans to hire several new sales and sales support staff. The corporate realignment is cited as a response to growing demand for the company’s XSP corporate actions systems and services. According to Brendan Farrell,…
London Exchange Delays Sedol Upgrade, Citing High Demand
The London Stock Exchange has delayed the launch of its upgraded Sedol Masterfile Service, citing additional testing precautions in the face of apparently greater-than-expected demand. The delay, however, is not expected to be significant, with a new launch date scheduled for announcement on January 23. The new version of the SMF Service will change the…
UII Protagonists Heed Dessug’s Concerns About Standard
Industry groups seeking to establish a unique industry identifier (UII) for multi-listed securities that are traded cross-border have agreed to addresss calls for clarification from a German user group. The move appears to answer concerns raised by Dessug, the German Swift Securities User Group, which requested that a simpler vocabulary and an updated glossary of…
Telekurs Financial Expands Management Team in the U.K.
Swiss data vendor Telekurs Financial has added executives to its U.K. management team. Dominique Tanner, head of business development, becomes deputy to Telekurs (U.K.) CEO Beat Koch. Olga Bobrova, previously with Telekurs Financial Japan, becomes head of strategic marketing. Elizabeth Coleman, previously with Telekurs Financial France, becomes head of management services, with responsibility for finance…
Kirby Quits Deutsche Borse for Smartstream
Tony Kirby, the Reference Data Coalition (Redac) secretary and former leader of Reuters’ reference data strategy, has resigned from latest employers Deutsche Borse to take a job at Smartstream Technologies. Smartstream, a provider of transaction lifecycle management and corporate actions processing systems, last week announced that Kirby will join February 2 as director of market…
FTI’s Popple Departs to Start New Venture
Financial Technologies International U.K. sales executive Steve Popple has left the company. Popple plans to embark on a new venture; details weren’t available at press time.
Xenomorph Names Johnson to Lead Sales & Marketing
London-based financial data management and analytics supplier Xenomorph has named Greg Johnson director of sales and marketing. Most recently, Johnson was sales and marketing director for GL Trade in London. Before that, he helped found Netik, a provider of STP solutions.
Bank Austria Creditanstalt Licenses Fitch Risk’s OpVantage First Database for Operational Risk
Bank Austria Creditanstalt has subscribed to Fitch Risk’s OpVantage financial institutions risk scenario (First) trend database. First contains 4,500 case studies of operational risk loss events. It is aimed to helping financial services firms to determine and manage their exposures. BCCA plans to use First in its self-assessment process for operational risk. Fitch Risk is…