Data Management Insight Blogs The latest content from across the platform
Mark-It Partners to Acquire LoanX Credit Price Supplier
U.K.-based Mark-It Partners, a provider of credit pricing information, plans to acquire LoanX, a U.S. supplier of syndicated loan data. Terms of the transaction were not disclosed. Mark-It says it plans to integrate LoanX’s data offerings with its own to create a multi-asset offering, including market valuations on corporate bonds, credit default swaps and syndicated…
Xcitek’s Winning Spell Continues with U.S. Bancorp Deal
Continuing its run of contract wins, Xcitek has sealed an agreement with U.S. Bancorp, which will use the XcitekSolutionsPlus (XSP) corporate actions processing platform. The multi-year agreement also covers U.S. Bancorp’s use of eTRAN, Xcitek’s web-based module for automated notifications, and access to Xcitek’s corporate actions data. U.S. Bancorp, parent of U.S. Bank, is the…
Much to Mull Over, Little to Whine About During Festive Period
The ‘happiest time of the year’ described by the famous song will be a welcome breather for the industry as it comes to terms with the fact that things are busy again. Like a limbering athlete coming back to the track after a spell out with injury, the past three months have been akin to…
SunGard Plans Two-Pronged Reference Data Foray Based on Acquisition of Fame Information Services
SunGard’s agreement to acquire Fame Information Services, announced this month, will initiate an aggressive, two-pronged foray into the reference data management business. Not only will SunGard use Fame to standardize the handling of historical and reference data among its many operating units and product lines, but it will also promote Fame’s ReferencePoint solution as an…
SS&C Unveils Servers for Handling Reference Data
Trade and portfolio management software provider SS&C Technologies has been quietly developing a pair of server products that can be used to manage data flows into its own applications and those of other application providers. The company is now marketing Pricing Server and Market Data Server alongside its existing Camra, Antares and Altair products. According…
Asset Control Develops Entry-Level Service for Data Management of Single Feed Set-Ups
Asset Control has released AC SmartFeed, an entry-level feed-handler aimed at providing financial institutions with a quick and low-cost way of implementing a single-feed solution. The system performs all data enrichment, storage and distribution functions, allowing the user firm to link its chosen feed to risk, trading room, asset management and STP/security master applications. AC…
XcitekSolutionsPlus Scores XSP Wins At UMB, Oppenheimer
XcitekSolutionsPlus has announced two deals this month involving its corporate actions automation platform. UMB Bank, based in Kansas, has licensed the software company’s web-based eTran module, while Oppenheimer & Co. has agreed to license its XSP software. The deals follow hot on the heels of a win at Credit Lyonnais Securities (USA) in late October….
It’s Been an Eventful Month
It most certainly has. Busy, yes. But chock full of industry events, indeed more than we can realistically keep up with. The Mother Of All Events, though, has to be Sibos, and this year’s was a great success. We used Sibos’s handy Singapore location this year to make a trip east and make the most…
Financial Technologies International Hires Flynn to Lead Professional Services
Financial Technologies International has named Stephen Flynn senior vice president with responsibility for global professional services and systems integrator alliances. Flynn previously spent 20 years at Accenture, most recently with the consulting giant’s STP, integration management and security offerings practice teams.
Threadneedle Asset Management Deploys DataNet Based on Eagle Investment Systems’ Product Suite
U.K. investment manager Threadneedle Asset Management is implementing a one-stop data hub for corporately shared data, under its Investment Information Services (IIS) business unit. The system – to be called DataNet – will use a range of Eagle Investment Systems Corp.’s reference data and portfolio management solutions. The DataNet project is aimed at establishing a…