A-Team Insight Blogs The latest content from across the platform
SmartStream’s Ex-reference Data Utility Head Mason Resurfaces as COO of Netik
The switchboard at Netik must be having one hell of a time at the moment, given the range of new names they have had to memorise to take into account the catalogue of people moves that have gone on at the data management outsourcing solution vendor so far this year. The latest new recruit to…
Fiserv Selects Omgeo ProtoColl as Collateral Management Solution
Fiserv, a provider of financial services technology solutions, today announced that it will utilise Omgeo ProtoColl as its dynamic collateral management solution. Using Omgeo ProtoColl, new and existing Fiserv customers on the TradeFlow platform will be able to automate their collateral management process, handle numerous asset classes and increase visibility into credit exposure to mitigate…
Rana Joins XSP as Senior Business Analyst for EMEA in London
XSP announced today the appointment of Harry Rana as senior business analyst for EMEA. Rana will be responsible for supporting the expanding EMEA sales programme and client base for the XSP Corporate Actions software platform in a pre-sales and business analyst capacity. Based in London, Rana will report to Neil Sheppard, managing director and chief…
LakeFront Data is Back in the Same Portfolio as RDF Again, Following Acquisition by First Derivatives
In January last year, New York-based reference data management solution vendor Reference Data Factory (RDF) was demerged from Toronto-based consulting firm LakeFront Data Ventures, but following its acquisition by RDF’s new owner First Derivatives this week, the firms are now back together again. The firms originally demerged to avoid what former president and CEO of…
Acquisition of Interactive Data Corporation Completed
Interactive Data Corporation, a leading provider of financial market data, analytics and related solutions, today announced the completion of its acquisition by investment funds managed by Silver Lake and Warburg Pincus. Pursuant to the terms of the agreement entered into on May 3, 2010, Interactive Data’s stockholders will receive $33.86 in cash, without interest, less…
Silver Lake and Warburg Pincus Complete Interactive Data Acquisition, Watch This Space for Strategic Restructuring…
Following three months of crossing Ts and dotting Is, private equity firms Silver Lake and Warburg Pincus have finally completed their acquisition of data vendor Interactive Data. As per the terms agreed back in May and within the third quarter deadline that was set, the vendor’s stock will cease to be traded on NYSE and…
Asset Control’s Lynch and Enfield Elaborate on Capital Group Implementation
Earlier this month, investment management firm Capital Group signed up to roll out Asset Control’s AC Plus and AC Connect solutions as its new enterprise data management platform, president and CEO of the vendor Phil Lynch and AC Plus business owner Rick Enfield explain that the firm selected the solution due to its productised approach…
Thomson Reuters’ Enterprise Division Experiences 4% Increase in Revenue for Second Quarter, Bright Spot in Overall Decline
The fortunes of data giant Thomson Reuters’ Enterprise division seem to be continuing to shine as the vendor’s bright spot for revenue growth this year. Last quarter, the division’s revenue increased 3% on the previous year’s figures for the first quarter and, this quarter, the division experienced a 4% revenue growth on the revenues for the…
CGS’ Purcell Explains Why the DTCC Tie up Could be Beneficial for Cabre and Elaborates on Recent Progress
Since the announcement of the launch of their entity identifier joint venture back in February, Cusip Global Services and Avox have been steadily working on increasing the coverage of their Cusip Avox Business Reference Entity identifier (Cabre) codes. According to Darren Purcell, European director for CGS, the vendors currently have in the range 300,000 such…
CFTC Calls for Industry Feedback on Data Repositories and Standards for Swaps
As part of its endeavour to improve transparency within the swaps market and in a follow up to the passing of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the US Commodity Futures Trading Commission (CFTC) is asking firms to provide feedback on 30 areas of change including the regulatory proposals related to swap…