Data Management Insight Blogs The latest content from across the platform
DSTi Adds Bond Attribution Module to HiInvest Portfolio System
DST International has added a fixed-income attribution module to its HiInvest portfolio management system product suite. The system will be marketed as a standalone product, alongside existing HiPerformance andHiRisk products. The new module will support duration and revaluation-based approaches, performing calculations at both the portfolio and security level. DSTi has completed development of a prototype…
J.P. Morgan Securities Australia Opts for XcitekSolutionsPlus
J.P. Morgan Securities has gone live with the XSP corporate actions software from XctekSolutionsPlus at its Australian office. The firm already used XSP at its offices in London and Hong Kong. By adding Australia, J.P. Morgan is now able to process corporate actions electronically between the three operations. The result has been an increase in…
Financial Technologies Rolls Out StreetDirector to Two Clients
Financial Technologies International has rolled out its new StreetDirector transaction lifecycle processing engine at a global brokerage and a large investment bank. The system is part of FTI’s StreetEnterprise suite of services, and draws upon clients’ chosen reference data management systems, books and records, and transactions data to monitor and control the work flow associated…
Slinging Our Hook to Singapore and SIBOS
A palpable sigh of relief was issued by all Swift types early this month when the organization reassured exhibitors, presenters and delegates that its SIBOS conference will go ahead as planned next month. SARS reared its ugly head (hopefully, one last time) with a case in Singapore, raising the spectre that SIBOS Singapore might be…
ADP Wilco Unveils Corporate Actions Platform for Global Event Notification at Lehman Brothers
Lehman Brothers in London went live over the summer with ADP Wilco’s new UPM Corporate Actions platform, the first client to implement the newly launched Wilco system. Lehman is using UPM Corporate Actions to manage its processing of corporate actions data globally, and will use additional modules of the system which Wilco plans to roll…
Know Your Partner – Cicada on Counterparty Data
Following on from the risk data work it had conducted with clients, including a global insurance company, Cicada’s strategic alliance with risk management vendor Algorithmics – signed last spring (Reference Data Review, May 2003) – marked a milestone in the company’s foray into the world of risk. While Algo brought to the table its suite…
Eagle, FTID, RDR Preach Reference Data Message
Eagle Investment Systems last week embarked on a mini-tour of Europe, hosting a series of reference data breakfast seminars. While specializing in portfolio management and accounting systems, Eagle has taken a data-centric model and was preaching the reference data message as the cornerstone of any initiative to accurately value an institution’s portfolio. Eagle’s chief operating…
Iverson Pitches ‘Vertical Utility’ For Reference, Index Data
Encouraged by a commissioned survey that indicated firms’ growing interest in outsourcing data management, Iverson Financial Systems is pitching its concept of operating so-called vertical utilities on behalf of clients. Iverson already has three such utilities in operation, having grown the concept from an outsourced solution for equities reference data for a Wall Street firm…
FISD’s Atkin Sets Landscape for Data Standards Initiatives
In his update to the London reference data community earlier this month, Financial Information Services Division (FISD) director Mike Atkin took the opportunity to outline the group’s position on standards. As always seems to be the case with standards, he lamented the fact there are too many of them. But he also cut through the…
Telekurs Adds Three to U.K. Sales Operation
Telekurs (UK) is continuing with its spate of hires in the sales area, adding three to its sales team based in London. Reto Baumann, a seven-year Telekurs veteran, has relocated from Tokyo to become sales manager, responsible for new business sales and key accounts. Faye Cooper has joined as key account manager from Reuters, where…