Data Management Insight Blogs The latest content from across the platform
Cocktails at Dusk or Weekender? Sibos Reflects Asia Markets Mood By Miroslav Janiic, Finetik Partners
Since Swift decided to go ahead with Sibos and to defy the doom-mongers about a possible SARS backlash, the economic data from Asian markets has improved. Asian countries offer record-low interest rates, record-high liquidity levels and a banks community with cleaner balance sheets than at any time in the past six years. The pump is…
Integration of Data and Software Analyzed in New A-Team Report
The raised profile of the issues surrounding reference data has sparked many data management projects, but reference data cannot be considered in isolation. What is needed is a coordinated approach to data and its integration with operational software used throughout the financial services enterprise. After all, the uncoordinated approach that saw millions spent on technology…
Swift Opens Network to Vendors for Corporate Actions Data
The Society for Worldwide Interbank Financial Telecommunication (Swift) is opening up access to its network to third-party providers of corporate actions data. While Swift already carries corporate actions messages, the move represents the first time commercial data suppliers can distribute their corporate actions services via the network. Bowing to pressure from its financial services clients,…
Kx Systems Adds Two in New York
Kx Systems has named Gavan Corr business development manager and Joanne O’Kane business development executive, both based at is New York office. Corr will manage client relationships as account team leader. O’Kane will provide technical and pre-sales report. Both report to Michael O’Neill, director of Kx sales at First Derivatives, Kx’s strategic partner for financial…
Misys Names Executive To Bolster Basel II Capabilities
Misys Risk Management Systems has named Savita Verma to lead its product management, financial engineering and research operations. Verma was previously vice president of Scotiabank. The company has also appointed David Welton Basel II specialist, reporting to Verma. Meanwhile, chief operating officer Michel Van Leeuwen has added Frank Weyns to his team. Weyns was previously…
Wells Fargo Trust Is Live with Smartstream For Exceptions Processing
Wells Fargo Trust Management has gone live with Smartstream’s TLM Trade Process Manager, enabling it to automate exceptions processing for domestic trades. The system replaces a mostly manual process. TLM will be used to identify exceptions before T+3 as soon as the trade is executed. Wells Fargo previously used TLM but mainly for its straight-through-processing…
Telekurs (France) Spins Itself Off From Fininfo for Data Collection
Telekurs Financial has split from its French partner, Fininfo SA, and has established a new subsidiary to handle data input in Paris. Telekurs (France) SAS began operations on October 1, and will input data from the French, Monaco and French-speaking African markets. Telekurs (France) was founded in April. It has a new team of 16…
LSE Throws Celeb Party
Who said that securities identifiers are boring? With A-list celebrities mingling at an event co-hosted by the London Stock Exchange’s Sedol group (with its Proquote unit) we thought that perhaps securities identifiers had hit the big time. Then we realised that the exchange’s choice of location for its information services party – Madame Tussauds –…
Barra Broadens Coverage of Cosmos Bond Portfolio System
Barra has expanded the coverage of its Cosmos bond portfolio management system to include a wider range of securities and benchmarks. The new version – Cosmos 3.1 – has broader U.S. fixed-income coverage. Barra has also added a number of indices, including the iboxx euro and sterling credit indices and mortgages. In addition, Cosmo 3.1…
Royal Bank of Scotland Subscribes to Lombard Risk’s Credit Verifications
Royal Bank of Scotland has subscribed to Lombard Risk Systems’ ValuSpread Credit credit pricing verifications service. ValuSpread has been designed to monitor credit default swap prices for independent verification of traders’ closing prices. The service currently features data for 5,000 global credits, from 29 contributors.