Data Management Insight Blogs The latest content from across the platform
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,…
FIMA Event Delivers on Promise of Broad View of Reference Data
The Financial Information Management conference (FIMA 2003) held in London at the beginning of this month held much promise for executives anxious to learn about the intricacies of reference data and the benefits of its application. It didn’t disappoint. Speakers from ABN Amro, Barclays Capital, Robeco Asset Management, Merrill Lynch, the U.K. Financial Services Association…
FT Interactive Data Keen to Put SEC Pricing Slap Behind It
Financial Times Interactive Data (FT Interactive Data) will be anxious to dispel any industry disquiet caused by its settlement this month with the U.S. Securities & Exchange Commission (SEC). FT Interactive Data was named in the SEC’s civil fraud action against mutual fund company Heartland Advisers, allegedly for allowing Heartland to influence FT Interactive Data’s…
Rabobank Adopts Xenomorph’s TimeScape for Risk Data Platform
Rabobank of the Netherlands is upgrading the data management infrastructure used to support the risk operations of its Rabobank International unit, Netherlands. The big Dutch bank – long a user of U.K. data management system supplier Xenomorph’s Data Analysis & Integration System (XDAIS) – is implementing the vendor’s new TimeScape platform, which offers substantial functional…
Swift Outlines Calendar for Market Data Vendor Category
Following its launch of a pilot for market data suppliers to offer their services via its network, Swift has outlined the timeline for the proposed adoption of a new participant category for these vendors. Speaking at the Sixth Annual Conference on Corporate Actions Processing in New York last month, Swift partner solutions business manager Linda…
FTI Upgrades StreetEnterprise Suite
Financial Technologies International (FTI) has upgraded its StreetEnterprise suite of securities processing applications. Among the enhanced features is improved data management designed to ease the selection, implementation and use of reference data throughout an organization.
Telekurs, Soliton Team Up to Release Time Square VDF Interface
Swiss reference data vendor Telekurs has teamed up with Soliton to introduce an interface between its Valordata Feed (VDF) and Soliton’s Time Square data management system. VDF is being added to Soliton’s library of Vendor Data Acquisition Workflows, allowing firms to manage reference data workflow, from acquisition to distribution, through an automated process.
London Stock Exchange to Use Telekurs Data for Sedol Expansion
The London Stock Exchange has signed up to receive international securities data from Telekurs Financial in support of the exchange’s impending expansion of its Sedol security identifier set. The deal aims to close gaps in the exchange’s coverage as it brings the newly expanded Sedol to market next month, in the first step in establishing…
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…