Data Management Insight Blogs The latest content from across the platform
Citigroup Buys Communicator QIB Hub for ID Management
Citigroup has implemented the QIB Hub identity management solution from Communicator Inc. The system will be used to manage Citi’s Qualified Institutional Buyer certification, under which the bank will have electronic access to more than 25,000 institutional trading account details. Institutions’ compliance, settlement and operations professionals are required to verify that clients are Qualified Institutional…
Correction: LSE SMF Pricing
The pricing for the London Stock Exchange’s Masterfile service was misstated in last month’s issue of Reference Data Review. User licenses are based on access to bands of Sedol codes: £500/year for few than 1,000 codes; £1,500/year for 1,000-5,000 codes; £5,000/year for 5,001-10,000 codes; and £15,000/year for more than 10,000 codes. For distributing vendors (and…
Another One Bites the Dust?
We’ve long held the belief that reference data is the market segment where the action is. But we weren’t prepared for the onslaught of corporate activity that we’ve witnessed in the past two months. First, SunGard swooped down on Fame. SunGard is widely known as being an aggressively acquisitive entity, and upon reflection its interest…
Capco Purchase of Iverson Financial Yields Data Platform, Outsourced Management
Capco’s acquisition of California-based data management specialist Iverson Financial Systems last month gives the business services provider both a viable outsourcing solution and a platform product upon which to base its continuing push into the reference data marketplace. The deal appears to be a logical step toward establishing a product approach to complement Capco’s heretofore…
Eagle Underpins Core Businesses With Reference Data Plan
Eagle Investment Systems’ ReferenceManager platform is expected to play a strategic role in the company’s plans for 2004. In an interview with Reference Data Review, David Palten, president and chief executive officer, outlined the importance of the reference data management platform’s function in bringing together Eagle’s various application products, including those in the accounting, portfolio…
S&P, Telekurs, D&B Launch Security to Entity CrossWalk
This month saw the launch of Security to Entity CrossWalk, a cross-referencing system described by its sponsors as the ‘glue’ that links the ISIDPlus international securities identification directory co-produced by Standard & Poor’s and Telekurs Financial, and the WorldBase entity and corporate hierarchy database operated by Dun & Bradstreet. The new service is aimed at…
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…