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Kirby Quits Deutsche Borse for Smartstream
Tony Kirby, the Reference Data Coalition (Redac) secretary and former leader of Reuters’ reference data strategy, has resigned from latest employers Deutsche Borse to take a job at Smartstream Technologies. Smartstream, a provider of transaction lifecycle management and corporate actions processing systems, last week announced that Kirby will join February 2 as director of market…
FTI’s Popple Departs to Start New Venture
Financial Technologies International U.K. sales executive Steve Popple has left the company. Popple plans to embark on a new venture; details weren’t available at press time.
Xenomorph Names Johnson to Lead Sales & Marketing
London-based financial data management and analytics supplier Xenomorph has named Greg Johnson director of sales and marketing. Most recently, Johnson was sales and marketing director for GL Trade in London. Before that, he helped found Netik, a provider of STP solutions.
Bank Austria Creditanstalt Licenses Fitch Risk’s OpVantage First Database for Operational Risk
Bank Austria Creditanstalt has subscribed to Fitch Risk’s OpVantage financial institutions risk scenario (First) trend database. First contains 4,500 case studies of operational risk loss events. It is aimed to helping financial services firms to determine and manage their exposures. BCCA plans to use First in its self-assessment process for operational risk. Fitch Risk is…
Mark-It Partners Secures Nine More Partner Investors
Mark-It Partners, the cleverly named credit data supplier, has received equity commitments from nine more of its data contributors, bringing to 13 the total number of institutions contributing both data and cash to the business. The latest commitment means that all founding contributors have now exercised options to invest in the company. Mark-It intends to…
Checkfree Names Three to Sell Heliograph Product Set
Following its recent acquisition of Heliograph, Checkfree has named three new sales executives charged with expanding the new unit’s suite of financial messaging products. Aaron Overy joins as sales associate with responsibility for the TradeFlow TPM system. His background includes stints at ABN Amro, Thomson Financial, Primark and BITA Plus, now Cor Risk Solutions, part…
Iris Financial Engineering Hires Strategy, BizDev Execs Following $11 Million Infusion from Apax Partners
Fresh from last quarter’s completion of an $11 million investment from Apax Partners, Iris Financial Engineering has named three senior executives in strategy and business development. Aviv Handler joins as vice president of product strategy from KW International, where he was involved in product strategy and business analysis. Prior to KW, Handler was product manager…
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…