Data Management Insight Blogs The latest content from across the platform
Loomis Sayles to Use Heliograph’s TradeFlow Platform
Loomis Sayles, a U.S. investment management firm, has installed Heliograph’s TradeFlow platform to help manage the settlement process, and is now directing 70% of its transactions through the system. TradeFlow additionally is allowing Loomis Sayles to offer its clients’ custodians the choice between receiving Swift messages or electronic faxes, an important capability since many smaller…
Firms Fear Data Quality Issues Could Disrupt STP Initiatives
Industry participants are concerned about the availability of the quality data they require to achieve straight-through-processing, according to a survey published last month by the U.S. Securities Industry Association and GartnerG2, a research firm. The survey also found high levels of concern about the deadline for the Depository Trust & Clearing Corp.’s proposed corporate actions…
Golden Copy Protagonists Insist There’s More to the Concept than Just Hype
Our editorial last month about the cynical use of the term Golden Copy by the ever-growing number of newcomers to the business of reference data drew a crisp rejoinder from Kathleen Hawk of Clearview Associates, which provides marketing and public relations services to Asset Control. As you know, Asset Control was perhaps the pioneer of…
FISD to Brief London Community On REDAC/RDUG Progress
The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) will use its forthcoming meeting in London on September 3 to inform members of its considerable recent activities in the reference data space. Among the main topics for discussion will be recent white papers relating to its work as manager of…
Access International Enters Final Phase of Sale of GPS Security Master Database
As Reference Data Review went to press, Access International Financial Services was entering the final phase of the process of selling its Global Trade Processing System (GTPS). A key element of GTPS is the Global Product Suite (GPS) security master database. At press time, it wasn’t clear how many – if any – bids or…
New RDUG Chairman Plom Joins REDAC Committee
John Gubert of HSBC has stepped down as chairman of the Reference Data User Group, and has been replaced as chair by Alan Plom of Gartmore Investment Management. Plom has also been appointed to sit Steering Committee of the U.S. Reference Data Coalition and is keen on “the continuation of the strong working relationship between…
New COO for Wilco North America
ADP Wilco, a subsidiary of Automatic Data Processing, has promoted Ivar Eilertsen to the post of chief operating officer for North America. In his new role at ADP Wilco, Eilertsen has responsibility for ADP Wilco’s North American operations including business development and customer relationships, delivery of software services and all aspects of day-to-day business operations….
Xcitek Takes Stokes from Telekurs
Gary Stokes has joined the London office of XcitekSolutionsPlus, a developer of corporate actions automation solutions, as sales executive. He will focus on expanding the U.S.-based company’s European customer base. The London office was opened in May. Stokes was previously sales executive at data provider Telekurs Financial, where he was responsible for new business sales….
Evans to Head Risk at eFunds
Robert Evans has joined eFunds as managing director of risk management solutions. He was previously director of product management, development and marketing at remittance processing and content management vendor Regulus Group, and held positions at Orion Management and First Union Corp., now part of Wachovia.
SmartStream Technologies Continues Hiring Bonanza
SmartStream Technologies has recruited Steve Lewis from Capco and Tim Collins from Mercator following its acquisition of messaging and business processes management specialist Connextive. Collins will head SmartStream’s professional services division for the newly acquired products. He has worked for Mercator for the past 10 years, where he was principal of its professional services division….