Data Management Insight Blogs The latest content from across the platform
DTCC Throws Its Weight Behind Corporate Actions Processing
The Depository Trust & Clearing Corporation (DTCC) launch of its Global Corporate Action (GCA) validation service at the beginning of the month will “reinvent the way corporate action announcements are managed” through the elimination of redundant operations and technology. The development of the service could, if widely adopted, spell bad news for some of the…
ISIPS Reflects Increased Industry Focus on Reference Data, A-Team Consulting Partners With Matrix Services.
We at Reference Data Review enjoyed our trip to this year’s ISIPS – the International Securities Industry Practitioners Symposium – event organised by STP Information Services in London. Reflecting the increased industry focus on reference data, the entire first day of the two-day event was given over to this very subject. Judging by the turnout,…
RDUG’s Legal Identity Identifier Proposal in Review Process
The draft definition for a proposed Legal Entity Identifier (LEI) code has this month been passed to Swift as the next stage in its development towards becoming an industry standard. It is also being considered for adoption into the next release of the FIX protocol, and the U.K. Financial Services Authority is considering endorsing it….
Reuters’ Restrictions on RIC Codes Relaxed in Bid for Widespread Standards Adoption
The decision by Reuters to license the use of its proprietary Reuters Instrument Codes (RICs) has drawn cautious welcomes from most involved in the reference data industry. But some question whether the contractual restrictions that Reuters hopes to enforce on the use of the codes will can be reconciled with their general adoption. The vendor,…
Daiwa Builds Pan-European Data System on FTI’s StreetReference
Daiwa Securities SMBC Europe, has selected the StreetReference product from Financial Technologies International (FTI) as the basis for re-engineering its reference data management environment in Europe. The investment bank will use StreetReference to centralise all European data, including client and securities reference data on a multi-lingual, multi-currency platform. In particular, it will build a common…
Soliton Lays Off London Sales Head Jones
Toronto-based software developer Soliton has made the head of its UK sales operation redundant after just over a year in the job. Carl Jones, a former sales manager with Reuters, was hired to run the Soliton in March last year. The departure comes less than two months after the company announced equity financing from Covington…
Xcitek Targets Europe With London Office Opening, Burgess Hire
Corporate actions automation specialist XcitekSolutionsPlus has formally opened a London office to serve as a hub for its European expansion. To support European clients, the firm has hired Nick Burgess as XSP product specialist to help provide pre- and post-sales client service and manage XSP implementations. Burgess brings 15 years of securities processing experience to…
FTI in New York Hires Sharma to Lead Professional Services
Financial Technologies International has appointed Chander Sharma vice president of its professional services division for the Americas and India. Sharma will be based at FTI’s New York headquarters where he will direct the professional services efforts of FTI’s Mumbai, India-based operations. His prime responsibilities will be negotiating and managing customer projects. Sharma has held senior…
FT Interactive Data Hires Nadler in Development
FT Interactive Data, has appointed David Nadler to the newly created position of vice president, global development. In the new role he will be responsible for the company’s technology and business processes. Nadler first worked with FT Interactive Data in the 1980s. For the past 18 years, he has run his own software consulting company,…
Telekurs Continues Staff Changes, Officially Opens Dublin Office
Continuing its expansion, Telekurs has hired several new people to its London sales force. Dan Haywood has joined the new business sales team as a sales manager. He was previously with Reuters, where he held a variety of posts in its enterprise solutions division in London. Levent Mehmet has moved to the new business sales…