Data Management Insight Blogs The latest content from across the platform
Netik Releases Low-Cost Matching/Reconciliation Module for InterView
Netik has launched Intermatch 2.0, which adds matching and reconciliation capabilities to its InterView investment and accounting hub system. Among the features are a multi-sourced reference data cleansing facility, with the ability to construct a ‘golden copy’ for distribution throughout the enterprise. The firm is pricing Intermatch at $20,000.
RDUG Lists Executive Committee Membership
In its latest update to members, the Reference Data User Group (RDUG) listed the membership of its executive commitee, which comprises 12 executives involved in the reference data area. They are: Alan Plom (chairman), Gartmore Investment Management; Anthony Kirby (secretary), Deutsche Borse; Iman Szeto, Northern Trust; Stuart McKinlay, State Street; Michael Atkin, Reference Data Coalition…
European Central Securities Depositories Association Group to Study Corporate Actions
The European Central Securities Depositories Association has established a working group to look at how to meet clearing and settlement recommendations issued by the Giovannini Group, including one regarding corporate actions. The group – headed by Michael Kempe, a manager at U.K. depository Crest – expects to report on its findings in the fourth quarter…
FT Interactive Data Launches eDOL
FT Interactive Data went live last month with eDOL, the electronic version of the London Stock Exchange’s Daily Official List. The new service is now available for download via the Internet in .PDF format. The Daily Official List is the legal record of daily trading activity on the London Stock Exchange.
Exchange Data International Partners with Market Data Integrators in U.S.
U.K. data vendor Exchange Data International (EDI) has entered into a marketing alliance with Chicago-based Market Data Integrators (MDI). Under the deal, MDI will market EDI’s data services in the U.S., outside of the Northeast. Kurt Klein, MDI president, says the company plans to expand EDI’s reach particularly among buy-side users and expects to field…
TIAA-CREF Taps Fame for Enterprise Data Mangement
Buy-side giant Teachers Insurance & Annuity Association-College Retirement Equities Fund (TIAA-CREF) has chosen Fame Information Services’ ReferencePoint as the basis for a new enterprise data management platform to support its risk operation. ReferencePoint will be used to manage the flow of both real-time and historical data into its risk applications.
Checkfree Acquires Heliograph, Boosting Corporate Actions Capability
Checkfree Corp., a financial data management company based in Atlanta, has acquired Heliograph, a London-based financial messaging and corporate actions processing company. Checkfree will pay $18.3 million for all Heliograph shares outstanding. Heliograph, which has annual revenues of around $8 million, will be merged into Checkfree’s Financial and Compliance Solutions (CFCS) unit, part of its…
Reuters Renews Deal with S&P Securities Evaluations
Reuters has extended its long-standing deal with Standard & Poor’s Securities Evaluations. S&P will continue to redistribute 1.9 million Reuters/EJV taxable fixed income valuations, alongside fixed income evaluations and global pricing from other sources, including third-party services. According to Todd McGhee, of Reuters enterprise information products group, the S&P relationship predates Reuters’ ownership of EJV,…
Framlington Deploys Heliograph
Framlington, a U.K. investment management firm, has deployed the TradeFlow post-trade transactions management system from Heliograph, developer of the Evare corporate actions processing platform. The system will be used to replace a manual process for handling transaction information.
Mark-it Signs Up 16 Institutions For Project Red
Mark-it Partners has signed up an initial 16 financial institutions to its reference entity database service, known as Project Red, which draws on alphanumeric codes created by Standard & Poor’s Cusip Bureau Service (Reference Data Review, September 2003). The database was founded earlier this year by three institutions – Deutsche Bank, Goldman Sachs and J.P….