Data Management Insight Blogs The latest content from across the platform
Capco Gets $15 Million Funding For Reference Data Solutions
Capco, which famously split last year from its Synetix reference data joint venture with Reuters, has secured $15 million of funding. The deal has been done with existing investors, including Thomas Weisel Capital Partners, which is in for $10 million, Capco Foundation, Edgewater Private Equity Fund, GIMV, Hewlett-Packard and LJH Private Capital. Capco says the…
Xcitek’s Winning Spell Continues with U.S. Bancorp Deal
Continuing its run of contract wins, Xcitek has sealed an agreement with U.S. Bancorp, which will use the XcitekSolutionsPlus (XSP) corporate actions processing platform. The multi-year agreement also covers U.S. Bancorp’s use of eTRAN, Xcitek’s web-based module for automated notifications, and access to Xcitek’s corporate actions data. U.S. Bancorp, parent of U.S. Bank, is the…
Much to Mull Over, Little to Whine About During Festive Period
The ‘happiest time of the year’ described by the famous song will be a welcome breather for the industry as it comes to terms with the fact that things are busy again. Like a limbering athlete coming back to the track after a spell out with injury, the past three months have been akin to…
SunGard Plans Two-Pronged Reference Data Foray Based on Acquisition of Fame Information Services
SunGard’s agreement to acquire Fame Information Services, announced this month, will initiate an aggressive, two-pronged foray into the reference data management business. Not only will SunGard use Fame to standardize the handling of historical and reference data among its many operating units and product lines, but it will also promote Fame’s ReferencePoint solution as an…
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.